Page 17 - China Economy

Research reports on China's bad lending data disappear on social media

At least seven research reports from mainland brokerages and securities firms that had been posted to WeChat by analysts were unavailable for viewing

Asia stocks brace for US inflation test, Chinese data to test optimism

There are also reports Chinese authorities are laying the groundwork for a sale of 1 trillion yuan ($138.39 billion) in longer-dated bonds to help fund stimulus spending at home

China's 2024 iron ore imports seen to be around 1.17-1.18 bn metric tons

China's iron ore imports in the first quarter of 2024 totalled 310.13 million tons, up 5.5 per cent from a year earlier, customs data showed

China vows reforms at long delayed party conclave amid challenging economy

The central committee typically holds seven plenums between party congresses, which are held once every five years

Stocks in Asia inch higher, Yen wobbles after volatile start to week

China stocks were mixed in early trading with the blue-chip index easing 0.07%, while Hong Kong's Hang Seng index was up 0.5%

China leaves benchmark lending rates unchanged in line with expectations

The one-year loan prime rate (LPR) was kept at 3.45 per cent, while the five-year LPR was unchanged at 3.95 per cent

Quality Control Orders: What do they mean for the domestic industry?

India believes developed countries and China use quality control orders as a trade barrier, and seeks to play catch-up

China's March coal output drops 4.2% amid oversupply, weak demand

Averaged out against expected production increases by some other provinces, China's total output will be about 1 per cent higher in 2024, an industry group has forecast

China's Q1 GDP growth likely to slowdown, policymakers plan stimulus

The People's Bank of China (PBOC) has pledged to step up policy support for the economy this year and promote a rebound in prices

Hong Kong must hold national security line to ensure development: China

Hong Kong in March enacted a new national security law, also known as article 23, that updates or introduces new laws to prohibit treason, sabotage, sedition

Taiwan detects 14 Chinese military aircraft, 8 naval vessels around nation

So far this month, Taiwan has tracked Chinese military aircraft 85 times and naval vessels 71 times

China holds talks with N Korea in nations' highest-level meeting in years

A top Chinese official arrived in North Korea and held talks on how to boost their cooperation, North Korea's state media reported on Friday, in the counties' highest-level meeting in about five years. Zhao Leji, who is chairman of China's National People's Congress and considered the No. 3 official in the ruling Communist Party, arrived in North Korea on Thursday. China's government earlier said he will stay in North Korea until Saturday. Zhao met his North Korean counterpart Choe Ryong Hae later on Thursday and discussed how to promote exchanges and cooperation on all areas such as politics, economy and culture, the North's official Korean Central News Agency reported. The two also exchanged views on unspecified regional and international issues of mutual concerns, KCNA said. Zhao is one of the seven members of the Politburo Standing Committee, the Communist Party's top leadership body headed by Chinese leader Xi Jinping. Zhao's visit to North Korea marked the first bilateral ..

China's consumer prices rise for 2nd month, factory deflation persists

Persistent declines in factory-gate prices and export prices, meanwhile, have added to tensions with China's biggest trading partners

Goldman, Morgan Stanley raise China's 2024 growth outlook as exports rise

The world's second-largest economy has struggled to regain momentum as the property sector and consumer spending remain weak

China's strongman party

The author was one of the journalists who has been at the receiving end of Xi Jinping's tightening control over media

China vows strong support for equipment, consumer goods trade-in plans

Last month, China's cabinet issued an action plan containing detailed measures to promote an initiative designed to boost investment and consumption

Majority of commodities exported to China record positive growth in 2023

As many as 90 principal commodities like iron ore, telecom instruments and electronic components exported to China have recorded a positive growth in 2023 out of the total 161 such goods shipped to the neighbouring country, according to commerce ministry data. These 90 commodities account for 67.7 per cent of India's export basket to China, while 71 products that have registered a negative export growth in 2023 constitute 32.3 per cent, the data showed. There are four commodities level where India has improved its export to China by more than USD 100 million in 2023. They are iron ore (216.8 per cent to USD 3.33 billion in 2023), cotton yarn (542.6 per cent to USD 611.17 million in 2023), spices (19.4 per cent to USD 132.26 million in 2023), and processed minerals (174.19 per cent to USD 129 million in 2023). For another fifteen products, the improvement in exports is in the bracket of USD 10 -100 billion. These goods include marine products, iron and steel, telecom instruments, ..

US govt to consider concerns about China's Brite in trade sanction list

The concerns were raised in a letter calling on the agency to sanction the company after Reuters reported in December that it was part-owned by blacklisted Chinese chipmaker SMIC

Fitch downgrades China outlook to negative on economic growth risks

China's factory output and retail sales topped forecasts in January-February, joining better-than-expected exports and consumer inflation indicators, providing an early boost to Beijing's hopes

As India's GDP growth speeds up, can it drive the global economy?

With China's growth slowing, India could become the new engine of global economic growth, but it will take strategic investments, increased labour participation, and more to achieve its ambitions