Data on Wednesday showed China's gross domestic product (GDP) grew 5.4 per cent in the January-March quarter from a year earlier, unchanged from the fourth quarter
Xia Baolong, Director of China's Hong Kong and Macau Affairs Office under the State Council, said that blackmailing China is not the right approach
A 2018 speech by Chinese President Xi Jinping goes viral as US and China implement tit-for-tat tariffs on one another
The onshore yuan fell to its weakest level since September 2023 as Beijing signals policy shift to support exporters and counter US trade pressure
The trade standoff may wallop the economy just as its performance was steading in the beginning of 2025, with little sign of damage from tariff increases so far
China reassures foreign investors amid geopolitical tensions, urging open markets and promising a better business environment at the China Development Forum
China's planned interaction with top business figures underscores the message it's been sending that the nation is open for business, contrasting with Trump's more protectionist "America First" policy
On a year-on-year basis, new home prices fell 4.8 per cent versus a 5.0 per cent drop the previous month
At annual parliamentary meetings this month, the country's leadership made boosting consumption their top priority for the first time since President Xi Jinping came to power over a decade ago
The sweeping measures come as policymakers seek to attract more long-term capital into the nation's stock market amid slowing economic growth and an escalating trade war with the US
China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more. The order on Friday from the country's financial regulator is part of the ruling Communist Party's latest push to build more confidence among consumers who are opting to save rather than spend, worried over jobs and the outlook for the economy. It said banks should lend more and also find ways to help borrowers who run into difficulties. Share prices in China surged following the notice from the National Financial Regulatory Commission. Officials are due to hold a briefing on Monday on efforts to increase spending and investment, factors considered crucial for keeping the economy on track following the setbacks of the COVID-19 pandemic, when millions of people lost jobs and many companies went out of business. The Chinese economy, the world's second-largest, has been growing recently at about a 5 per cent pace, ...
The benchmark indices -Nifty and the 30-stock Sensex - entered the 'correction' zone, falling 15.2 per cent and 14 per cent, respectively, from their September peak
Factory deflation extended into a 29th month, though the producer price index recorded a slower drop of 2.2 per cent compared to January's negative 2.3 per cent
China's exports rose a less-than-expected 2.3% in January and February from a year earlier while imports fell more than 8% in a slow start to a year dogged by uncertainty over US tariffs and other policies. Economists had forecast that exports would rise 5% year-on-year and that imports would edge higher. China's overall trade surplus grew to $170.52 billion in the first two months of the year. China's customs agency typically publishes combined trade data for January and February to avoid any distortion from slowdowns during the week-long Lunar New Year holidays. Export growth cooled over the first two months of 2025, with tariff front-running providing less of a boost to demand than we had anticipated, said Julian Evans-Pritchard of Capital Economics. This slowdown comes before any substantial hit from tariffs, which will almost certainly lead to sharp falls in shipments to the US before long, he said. Evans-Pritchard said that the slowdown in imports suggests that the pick up i
China's annual NPC highlighted a focus on keeping urban unemployment at 5.5%, creating 12 million new urban jobs, and advancing emerging tech in 2025
China is keeping its economic growth target at around 5% for 2025 despite a looming trade war with the United States and other headwinds. The target for GDP growth was announced Wednesday in a report being presented by Premier Li Qiang at the opening session of the National People's Congress, the annual meeting of China's legislature. It gives an indication of how ambitious the government is about boosting growth in challenging economic times. The IMF has projected China's economy will grow 4.6% this year, down from 5% in 2024, according to Chinese government statistics. A target of around 5% is well aligned with our mid- and long-term development goals and underscores our resolve to meet difficulties head-on and strive hard to deliver, the government report said. Across-the-board tariffs imposed on Chinese products by U.S. President Donald Trump pose the latest threat to an economy already weighed down by a prolonged real estate slump and sluggish consumer spending and private ...
Factory production accelerated in February from the previous month, while total new orders increased at the quickest pace in three months
Analysts expect the stabilisation of China's property market, which has experienced a significant slump since 2021, will be a protracted process due to high housing inventory
Xi delivered a speech after listening to representatives of private companies