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Page 32 - China Economy

China job prospects, incomes plunge to new lows amid economic slowdown

But while economic activity is expected to eventually rebound, it's unclear how quick that will happen given the spread of infections and the weakness in confidence

China job prospects, incomes plunge to new lows amid economic slowdown
Updated On : 28 Dec 2022 | 12:38 PM IST

China's economy is showing increasing strain from the Covid tsunami

Even before the curbs were lifted, China's economy was struggling, with a slump in consumer spending deepening and industrial output growing the slowest since the spring lockdowns

China's economy is showing increasing strain from the Covid tsunami
Updated On : 26 Dec 2022 | 7:29 AM IST

China's soaring Covid-19 infections push economic activity off a cliff

Following the recent abrupt end to Covid Zero controls, more cities have been hit by an exit wave of infections in the past week, leading to crowded hospitals and queues at funeral parlors

China's soaring Covid-19 infections push economic activity off a cliff
Updated On : 23 Dec 2022 | 8:41 AM IST

China finds microchip acquisition difficult due to US-imposed barriers

China has been ruthless in its attempts to acquire high-end microchips as it imports more than $300 bn worth of semiconductors each year

China finds microchip acquisition difficult due to US-imposed barriers
Updated On : 22 Dec 2022 | 3:48 PM IST

China's budget deficit hits record $1.1 trillion on Covid zero slump

The lockdowns, testing and quarantine rules that were key to the Covid Zero policy put a strain on consumer and business spending, pushing the economy close to contraction in the second quarter

China's budget deficit hits record $1.1 trillion on Covid zero slump
Updated On : 21 Dec 2022 | 10:46 AM IST

As China cases surge, India must keep an eye on raw material supplies

Epidemiologist forecasts 10% of world population will be infected in next 90-days

As China cases surge, India must keep an eye on raw material supplies
Updated On : 21 Dec 2022 | 12:13 AM IST

Centre to review Covid situation as cases rise in China, other nations

Health ministry asks states to ramp up genome sequencing

Centre to review Covid situation as cases rise in China, other nations
Updated On : 20 Dec 2022 | 9:50 PM IST

China's Covid-19 outbreak has US worried about new mutations of virus

Chinese cities are witnessing a wave of Covid-19 cases, with concerns growing that the government may be hiding the true toll of the virus

China's Covid-19 outbreak has US worried about new mutations of virus
Updated On : 20 Dec 2022 | 6:55 PM IST

Chinese business confidence falls to lowest in almost a decade on Covid-19

The index fell to 48.1 in December from 51.8 in November, showed the World Economics' survey of sales managers at over 2,300 companies conducted Dec. 1-16

Chinese business confidence falls to lowest in almost a decade on Covid-19
Updated On : 19 Dec 2022 | 11:57 PM IST

Oil falls but poised for biggest weekly gain since early Oct on China hopes

Brent crude futures fell $1.80, or 2.2%, to $79.41 per barrel by 0940 GMT

Oil falls but poised for biggest weekly gain since early Oct on China hopes
Updated On : 16 Dec 2022 | 4:34 PM IST

China's economy braces for turmoil as Covid curbs ease, infections surge

The government's abrupt abandonment of its long-held Covid Zero strategy has made the outlook for the economy very uncertain as factories brace for disruption and labor shortages rise

China's economy braces for turmoil as Covid curbs ease, infections surge
Updated On : 15 Dec 2022 | 11:36 PM IST

China's Nov factory output, retail sales miss expectations as Covid bites

China's economy has been depressed by its zero-COVID policy, as tight movement controls hampered consumption and production

China's Nov factory output, retail sales miss expectations as Covid bites
Updated On : 15 Dec 2022 | 9:03 AM IST

Volatile Indian equity markets, flows capping downside: BofA on 2023

Revival in China's economic growth and policies could shrink this premium

Volatile Indian equity markets, flows capping downside: BofA on 2023
Updated On : 13 Dec 2022 | 11:39 PM IST

China to set economic plans amid shift from Covid Zero policy to growth

China's abrupt ending of its Covid Zero policy injects more uncertainty into an already fragile economy, raising the prospect of looser fiscal and monetary policy

China to set economic plans amid shift from Covid Zero policy to growth
Updated On : 13 Dec 2022 | 8:44 AM IST

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

Tesla to suspend output at its China factory partly due to slowing demand
Updated On : 09 Dec 2022 | 5:55 PM IST

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

China economy hopes give world stocks a boost but US Fed meeting weighs
Updated On : 09 Dec 2022 | 5:36 PM IST

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

India has to compete to gain from 'China Plus One' strategy: Eswar Prasad
Updated On : 08 Dec 2022 | 11:15 PM IST

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 eases curbs in major shift in 'zero Covid' policy to quell discontent
Updated On : 07 Dec 2022 | 11:42 AM IST

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 politburo shifts focus to boosting economic recovery in 2023
Updated On : 07 Dec 2022 | 11:10 AM IST

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

China's trade weakens to worst since first Covid lockdown as demand falls
Updated On : 07 Dec 2022 | 10:57 AM IST