Page 31 - China Economy

Tesla to suspend output at its China factory partly due to slowing demand

Consumer demand for cars in China has been dented by the country's still strict approach to Covid

China economy hopes give world stocks a boost but US Fed meeting weighs

China's Premier Li Keqiang, in comments carried by state media, said the country's shift in Covid-19 policy would allow the economy to pick up pace

India has to compete to gain from 'China Plus One' strategy: Eswar Prasad

Companies, investors around the world looking at India's policy trajectory, says the professor of trade policy at Cornell University

China eases curbs in major shift in 'zero Covid' policy to quell discontent

New measures include accelerating vaccination among the elderly and forbidding local officials to designate large areas, like entire housing compounds, as high-risk

China's politburo shifts focus to boosting economic recovery in 2023

The economy is expected to face bigger pressure from spiking Covid cases in the early stages of China's reopening

China's trade weakens to worst since first Covid lockdown as demand falls

The worsening trade performance is undermining a strong pillar of China's economy over the last two years, where the rise in exports to record levels have provided Chinese firms with stable demand

Morgan Stanley upgrades Chinese equities as country eases Covid curbs

Economic recovery likely to be bumpy as earnings pressure continues, says brokerage

China eases curbs in parts of nation; no signs of ending Covid Zero policy

China is easing some of the world's most stringent anti-virus controls and authorities say new variants are weaker. But they have yet to say when they might end a zero-COVID strategy that confines millions of people to their homes and set off protests and demands for President Xi Jinping to resign. On Monday, commuters in Beijing and at least 16 other cities were allowed to board buses and subways without a virus test in the previous 48 hours for the first time in months. Industrial centers including Guangzhou near Hong Kong have reopened markets and businesses and lifted most curbs on movement while keeping restrictions on neighbourhoods with infections. The government announced plans last week to vaccinate millions of people in their 70s and 80s, a condition for ending "zero- COVID restrictions that keep most visitors out of China and have disrupted manufacturing and global trade. That spurred hopes for a quick end to zero COVID." But health experts and economists warn it will be

Shanghai eases Covid-19 restrictions as China's policy shift expands

The financial hub will scrap PCR testing requirements to enter outdoor public venues such as parks as well as ride public transit effective Monday, city authorities said in a statement Sunday

Just when things look…: Beware the surprise that catches you unprepared

As the system emerges from the Covid trauma and India shifts its sights to long-term targets, attention must turn to the underlying weaknesses that may scupper ambitious aspirations, writes T N Ninan

Chinese protests not just about politics and freedom; also about Covid

'Xi is actually more worried that a relaxed policy will lead to more deaths among the elderly'

Covid protests escalate in Guangzhou as China lockdown anger boils

China's foreign ministry has said rights and freedoms must be exercised within the framework of the law

IMF may cut its China growth forecast as Covid curbs continue: Chief

The Washington-based crisis lender sees Chinese gross domestic product expanding 3.2% this year and 4.4% in 2023

As China intensifies Covid restrictions, India begins to relax curbs

Data shows that spike in one country has not coincided with a rise in the other

As China intensifies Covid-19 lockdowns, India gradually opens up

Data shows that spike in one country has not coincided with a rise the other

China frees up $70 bn for banks to underpin economy hit by Covid lockdowns

The central bank hopes to spur more lending into the economy but analysts are sceptical it could achieve quick results, as new COVID outbreaks throw factories and households into lockdown

Delayed reopening may hit China's GDP growth rate by 1 point: Oxford report

If China pushes back its economic reopening to the first half of 2024, an anticipated recovery in private consumption will be delayed, says the report

China may not pay for climate change despite being 'biggest annual emitter'

Chinese policymakers do not agree with the suggestion that China should be considered a developed nation; according to Chinese policymakers, China continues to have extreme poverty in the country

China to ramp up monetary stimulus as growth outlook darkens amid lockdown

The State Council said in a statement Wednesday that monetary tools "such as a RRR cut" will be used "in a timely and appropriate manner" to maintain reasonably ample liquidity

JD.com announces pay cuts of 10-20% for managers amid China slowdown

JD's decision came a few days after Chinese President Xi Jinping reiterated "common focus" as the government's aim