Page 37 - China Economy

China's dwindling population to see negative growth before 2025: Report

The growth rate of China's total population has slowed significantly and is expected to enter a negative growth during the current 14th Five-Year Plan period (2021-25)

China seals off iPhone maker, CNOOC in Shenzhen to battle Covid-19

The lockdown comes as China narrowly escaped an economic contraction in the June quarter, when a series of rolling lockdowns shut businesses nationwide, eroded employment and hurt consumer spending

It's not just China homebuyers; suppliers too now boycotting loans

Hundreds of contractors to the property industry complained that they can no longer afford to pay their own bills because developers including China Evergrande Group still owe them money

China's yield curve is steepest in two years as liquidity swells

Longer yields are being kept from falling due to expectations for economic recovery and the prospect of additional debt issuance

Stocks stumble, dollar steadfast as weak China hardens growth worries

China's economy contracted sharply in the second quarter data released on Friday showed, while annual growth also slowed significantly

China's economy shrinks during Coronavirus shutdown in last three months

The economy shrank by 2.6 per cent, compared with the January-March period's already weak quarter-on-quarter rate of 1.4 per cent, official data showed Friday

China's budget deficit widens 600% as Covid-19 pandemic cuts revenue

The deficit in the budgets for all levels of government was 5.1 trillion yuan ($758 billion), according to Bloomberg calculations based on data from the Ministry of Finance released Thursday

As construction gets delayed, Chinese homebuyers refuse to pay mortgages

The payment refusals underscore how the storm engulfing China's property sector is now affecting the country's middle class, posing a threat to social stability

India to overtake China as world's most populated country in 2023: UN

Economic impact: People's productivity will have to increase to support larger numbers, say experts

China auto sales rebound; up 3.4% to 10.4 mn units between Jan-June

June sales jumped 41.2% over a year earlier to 2.2 million after controls that shut down Shanghai and other industrial centres were eased

China stimulus unlikely to reverse rout in the global metals market

While Chinese stimulus played a role in rescuing industrial commodities from slumps in global demand, after the 2008 financial crisis, in late 2015, and in 2020, there's much more caution this time

China considers $220 billion stimulus with unprecedented bond sales

The bond sales would be brought forward from next year's quota

Indian influence in South Asia declines as China expands foothold

China's exports to the region grew over five times between 2005 and 2020

Farmers in China pay for homes with watermelons, peaches: Report

Accepting crops at inflated prices have allowed developers to offer steeper discounts on homes

Even without a lockdown, Beijing's economic activity declined in May

Industrial output in the capital city dropped nearly 40% in May, worse than Shanghai's almost 28% drop

As China deals with Covid, nearly 1 in 4 European firms consider moving out

Of the firms considering a shift in investment, 16% said they were looking at relocating to Southeast Asia, while 18% said they were looking elsewhere in the Asia-Pacific region

China plans support for industrial firms hit by high raw materials cost

China's Ministry of Industry and Information Technology is studying measures to enhance the structure of supply-side policies, boost consumer demand and incentivise investments in technology

China budget deficit hits record high amid tax rebates, Covid pain

The drop in revenue just as more spending is needed will force local authorities to either boost their already heavy debt burden or accept weaker economic growth

China's economy shows mixed recovery in May with consumers under strain

The recovery of China's industrial output was helped by a rebound in the car sector as auto production centers like Jilin and Shanghai reopened

High prices drag India discounts to 7-week low; China demand sluggish

High prices have slumped Indian discounts and the Chinese market has also remained unpromising for the time being