Page 44 - China Economy

Chinese millennials 'lying flat' doing nothing gets Beijing worried

Young people in China have set off a nascent counter-culture movement that involves lying down and doing as little as possible and Beijing is not happy about it

China cuts 2nd batch of crude oil import quotas for pvt refiners: Report

China has issued 35.24 million tonnes of crude oil import quotas to non-state refiners in a second batch of allowances for 2021, a 35% drop from the same slot last year, according to a report

30 years after 1991: What we achieved as an economy, and what was possible

India's record has been good, relative to how other countries have done and compared also to its own previous three decades, but well short of what is required and what was possible, writes T N Ninan

China's industrial production jumps over 6% in May, shows data

The latest data released Wednesday by the statistics bureau showed a shift toward consumption-driven demand is underway, but at a gradual pace

'There is no evidence', says China scientist at centre of lab leak theory

Shi Zhengli says speculation about her lab in Wuhan was baseless and like 'constantly pouring filth'. China's secrecy makes her claims hard to validate.

China warns NATO it won't 'sit back' if challenged by bloc, urges dialogue

Western alliance's communique mentions China 10 times, compared to just once after its last summit in 2019.

China's imports up 51% yoy in May, grow at fastest pace in a decade

Exports in dollar terms grew 27.9% in May from a year earlier, slower than the 32.3% growth reported in April and missing analysts' forecast of 32.1%

China's services activity growth slows in May to 55.1 from 56.3: Caixin PMI

China's services sector expansion slowed in May, a private sector survey showed on Thursday, with weaker overseas demand and increased costs putting pressure on businesses

Xi Jinping seeks 'lovable' image for China in sign of diplomatic rethink

Country must 'expand its circle of friends,' says president

China's factory outlook holds firm; manufacturing PMI at 51 in May

The official manufacturing purchasing managers' index slowed slightly to 51 in May

China's factory activity seen growing steadily in May: Reuters poll

China's industrial output saw months of expansion following a Covid-induced slump, although high raw materials costs continue to weigh on the outlook

China's industrial profits growth slows in April amid high commodity prices

Profits at China's industrial firms rose 57% year-on-year in April to 768.63 billion yuan ($120.22 billion), down from 92.3% in March, data from the National Bureau of Statistics (NBS) showed

China's strong recovery shows signs of softening as costs surge

Confidence among SMEs eased in May from the highest level since the Covid-19 outbreak in the previous month

China bars banks from selling commodities-linked products to retail buyers

The China Banking and Insurance Regulatory Commission's (CBIRC's) order to exit these products has not been reported before

China's population grows at slowest pace to 1.41 billion, shows data

Number of births fell to 12 mn in 2020: Census

How will the digital renminbi change China?

As China's global trade and financial importance grows, more transactions will be settled in renminbi

Civil society calls for rights safeguards in EU-China investment deal

A joint appeal has been made to the European Institutions calling for the inclusion of enforceable human rights clauses in the EU-China Comprehensive Agreement on Investment

China's economic divide between rich south and lagging north set to widen

Regional gap may worsen as China looks to reduce carbon emissions and impose financial discipline on local governments, Nomura says.

Oil climbs to four-week high on strong China data, demand revival

Brent crude futures rose 30 cents

China's Q1 GDP grows at record pace as recovery speeds up after pandemic

Economy has recovered steadily from a steep 6.8% slump in the first three months of 2020