Page 3 - China Economic Growth

China's economy shows signs of strain in July, retail sales lose momentum

China's retail sales rose by 3.7 per cent year-on-year in July, slowing from 4.8 per cent in June, based on figures released by the National Bureau of Statistics

China's economy lags in July amid tariff pressure, weak property market

China's economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on exports to the United States is still looming over the world's second-largest economy after President Donald Trump extended a pause in sharp hikes in import duties for 90 days, beginning Monday, following a 90-day pause that began in May. As officials worked toward a broader trade agreement, China reported earlier that its exports surged 7.2% in July year-on-year, while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of the truce in Trump's trade war with Beijing. But that also reflected a lower base for comparison, and manufacturers have slowed investments, hiring and production as they watch to see what comes. Chinese manufacturers also have ramped up shipments to Southeast Asia, Africa and other regions to help offset lost business in the US. Still, annua

China's services growth hits 14-month high in July on export demand: PMI

S&P Global China General Services PMI rose to 52.6 in July from 50.6 the previous month, marking the fastest pace since May last year

China factory activity shrinks in July, S&P index dips below 50 mark

The S&P Global manufacturing purchasing managers' index for China fell to 49.5 from 50.4 in June

China's five-year plan enters final year: How much has it delivered?

With its 14th Five-Year Plan nearing completion, China is preparing to set priorities for 2026-30. Here's a breakdown of what was achieved

China keeps lending rates unchanged as Q2 data shows economic resilience

Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages

China defends growth model, eyes consumption as key economic driver

China's latest GDP data shows exports boosted Q2 growth, with a $586 billion trade surplus in H1, partly driven by exporters rushing shipments over tariff concerns

Low value, high stakes: Why nations are racing to mine rare earth minerals

While rare earth mineral trading generates modest revenue, their strategic value far outweighs market price as governments move to mitigate geopolitical risk and secure defence-relevant supply

China's economy grows 5.2% as strong exports mask weak consumer demand

Industrial output rose 6.8 per cent in June from a year earlier, faster than the 5.6 per cent expansion forecast by economists

Leapfrogging the world: China's rise in EVs, green energy and biotech

Driven by state strategy, rapid innovation, and industrial dominance, China's surge in EVs, renewables, and biotech is not just disrupting industries, it's rewriting the global technological order

China's factory-gate deflation hits 2-year low amid global trade war

The producer price index fell 3.6 per cent in June from a year earlier, worse than a 3.3 per cent decline in May and the largest drop since July 2023

China issues new financial guidelines to spur consumption, boost income

The guidelines, drafted jointly by six government departments and released by the central bank, said China would support eligible companies across the consumer industry chain

China's home prices dip in May, extending two-year slump despite support

New home prices fell 0.2 per cent month-on-month in May after showing no growth the previous month

China May services activity grows despite US tariff concerns, PMI at 51.1

The Caixin/S&P Global services purchasing managers' index (PMI), rose to 51.1 in May from 50.7, remaining above the 50-mark that separates expansion from contraction

As incomes shrink, Beijing's nightlife shifts behind closed doors

China's economic slowdown is reshaping its nightlife, as middle-class professionals abandon upscale bars for low-cost, unlicensed home speakeasies hidden inside city apartments

China's April exports rise 8.1%, imports dip 0.2% despite slowdown fears

Economists polled by Reuters had forecast a 1.9 per cent increase in exports and a 5.9 per cent drop in imports

China cuts key rate, reserve ratio amid escalating US trade tensions

People's Bank of China cut the seven-day reverse repurchase rate to 1.4 per cent from 1.5 per cent, according to Governor Pan Gongsheng

China's services growth hits 7-month low as tariffs bite, PMI drops to 50.7

Despite stronger-than-expected economic growth in the first quarter, supported by government stimulus, China's economy contends with persistent deflationary risks

China's factory activity shrinks in Apr as PMI dips to 49, recovery stalls

The official purchasing managers' index (PMI) fell to 49.0 in April versus 50.5 in March, below the 50-mark separating growth from contraction

Best of BS Opinion: India needs a new approach to managing gold and water

Today, we look at the challenges and opportunities that India faces in various areas, from gold to flowers to water, and most importantly, China.