The guidelines, drafted jointly by six government departments and released by the central bank, said China would support eligible companies across the consumer industry chain
New home prices fell 0.2 per cent month-on-month in May after showing no growth the previous month
Beijing last month rolled out a package of stimulus measures, including interest rate cuts and a major liquidity injection, aimed at shielding the economy from the hit from US tariffs
The Caixin/S&P Global services purchasing managers' index (PMI), rose to 51.1 in May from 50.7, remaining above the 50-mark that separates expansion from contraction
China's economic slowdown is reshaping its nightlife, as middle-class professionals abandon upscale bars for low-cost, unlicensed home speakeasies hidden inside city apartments
Two weeks after a breakthrough trade truce, US Treasury Secretary Scott Bessent said Thursday that negotiations with China are "a bit stalled," signalling fresh uncertainty in the talks
China will turn from a capital provider to a debt collector of 75 developing countries, including the world's poorest and most vulnerable, this year as they are due to pay back a record USD 22 billion loans owed to Beijing, according to data released by an Australian think tank. China has become the leading debt collector of developing countries, shifting from a net capital provider, "as bills coming due from its Belt and Road lending surge in the 2010s now far outstrip new loan disbursements", the latest research report of the Australian think tank, the Lowy Institute, said. In 2025, about 75 of the world's poorest and most vulnerable countries will make record high debt repayments totalling USD 22 billion to China as a result of peaks in new loan commitments made from 2012 to 2018, the report said. China faces a dilemma and growing diplomatic pressure to restructure unsustainable debt besides mounting domestic pressure, particularly from its quasi-commercial institutions, to recov
Sensex Today | Stock Market Highlights on Tuesday, May 20, 2025: Among the broader basket, the Nifty Midcap100 and Smallcap100 indices ended down by 1.62 per cent and 0.94 per cent, respectively
US officials find hidden communication devices in Chinese-made power inverters and batteries, raising fears over security risks to critical energy infrastructure
In India, infrastructure and consumption continue to be the primary themes that investors are keenly monitoring, BofA Securities said
People's Bank of China cut the seven-day reverse repurchase rate to 1.4 per cent from 1.5 per cent, according to Governor Pan Gongsheng
Despite stronger-than-expected economic growth in the first quarter, supported by government stimulus, China's economy contends with persistent deflationary risks
The payments, which require the firms to convert yuan into Hong Kong dollars, are set to rise to $36.1 billion for the April-to-June period
The German sportswear company did not make it clear by how much it is going to increase it product prices in the US
China's Private Economy Promotion Law aims to level the playing field for private firms, protect against unfair treatment, and revive business confidence amid US trade tensions
Higher tariffs on US imports of products from China appear to be taking a toll on the world's second-largest economy, according to monthly surveys of Chinese factory managers released Wednesday. The official survey by the China Federation of Logistics and Purchasing shows export orders slowed in April, with Beijing and Washington in a standoff after US President Donald Trump ordered combined tariffs of up to 145 per cent on Chinese goods. China has imposed duties of up to 125 per cent on US products, with some exemptions. It has also ordered other retaliation, such as tighter restrictions on exports of some strategically important minerals used for high-tech products such as electric vehicles. The official manufacturing purchasing managers index fell to a 16-month low of 49.0 from 50.5 in March. That's on a scale where 50 marks the break between expansion and contraction. A private survey by the financial information group Caixin fell to 50.4 from 51.2. The sharp drop in the PMIs .
The official purchasing managers' index (PMI) fell to 49.0 in April versus 50.5 in March, below the 50-mark separating growth from contraction
Cumulative profits of China's industrial firms rose 0.8 per cent to 1.5 trillion yuan ($205.86 billion) in the first quarter from a year earlier
China’s economy grew 5.4% in the first quarter of 2025 — faster than expected. Watch the video to know more.
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