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Page 48 - China Economy

China's July iron ore imports hit record high on robust demand; up 24%

China's iron ore imports in July surged to a record, up 24% from a year earlier, driven by shipments from miners and resilient demand as the economy bounced back after disruptions from pandemic

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Updated On : 07 Aug 2020 | 11:55 AM IST

Urged by central bank, China weighs antitrust probe into Alipay, WeChat Pay

Any investigation would likely dampen enthusiasm for Ant Group's planned dual listing in Hong Kong and Shanghai that is seeking a valuation of more than $200 billion

Urged by central bank, China weighs antitrust probe into Alipay, WeChat Pay
Updated On : 31 Jul 2020 | 2:37 PM IST

China pledges policy support in H2 amid 'complex' economic situation

"Many problems facing China are expected to exist for the medium- to long-term. (We) must have the mindset to fight a long-term battle," it added

China pledges policy support in H2 amid 'complex' economic situation
Updated On : 30 Jul 2020 | 11:26 PM IST

China's economy grows 3.2% as virus lockdowns for coronavirus are lifted

China, where the coronavirus pandemic began in December, was the first economy to shut down

China's economy grows 3.2% as virus lockdowns for coronavirus are lifted
Updated On : 16 Jul 2020 | 9:18 AM IST

China's services sector grows at fastest pace in over a decade in June

China's services sector expanded at the fastest pace in over a decade in June as the easing of coronavirus-related lockdown measures revived consumer demand, though companies continued to shed jobs.

China's services sector grows at fastest pace in over a decade in June
Updated On : 03 Jul 2020 | 12:55 PM IST

China factory activity improves in June but exports weak on poor demand

China's manufacturing activity improved in June after anti-virus controls were eased to revive the economy but export demand was weak, a survey released Tuesday showed.

China factory activity improves in June but exports weak on poor demand
Updated On : 30 Jun 2020 | 3:45 PM IST

Economic cost of misadventure in Ladakh will be massive for China: Experts

The experts have also referred to China's tariff war with the US, growing bickering with Australia on trade-related issues and the fast deteriorating situation in Hong Kong

Economic cost of misadventure in Ladakh will be massive for China: Experts
Updated On : 27 Jun 2020 | 3:50 PM IST

China's May industrial output rises 4.4% as economy struggles to recover

Retail sales fell 2.8 per cent on-year, more than a predicted 2.0 per cent decline

China's May industrial output rises 4.4% as economy struggles to recover
Updated On : 15 Jun 2020 | 12:32 PM IST

China's May factory activity dampens as weak demand curbs output

Higher spending, particularly on infrastructure, is expected to give activity a solid boost in the second half of the year and into 2021

China's May factory activity dampens as weak demand curbs output
Updated On : 31 May 2020 | 3:17 PM IST

The economic crisis and India's role in post-coronavirus multilateralism

The world gross domestic product is expected to contract by 3%, international trade may decline by up to 32%, and 49 million people could slip into extreme poverty

The economic crisis and India's role in post-coronavirus multilateralism
Updated On : 23 May 2020 | 11:24 PM IST

Covid-19 crisis: Donald Trump may tax firms manufacturing outside US

In an interview with Fox Business News, Trump said taxation was an incentive for companies to return manufacturing bases to the US.

Covid-19 crisis: Donald Trump may tax firms manufacturing outside US
Updated On : 16 May 2020 | 1:48 AM IST

China's 'OK boomer': Generations clash over the nation's future

The conflict enjoying out throughout the Chinese language web over the previous week quantities to a debate about the way forward for the world's different superpower

China's 'OK boomer': Generations clash over the nation's future
Updated On : 15 May 2020 | 2:59 AM IST

China's exports, imports set to post double-digit declines in April: Report

Shipments out of China are likely to have fallen 15.7 per cent in April from a year earlier, according to a median estimate from the survey of 28 economists

China's exports, imports set to post double-digit declines in April: Report
Updated On : 06 May 2020 | 1:02 PM IST

World coronavirus dispatch: China prepares for full-blown global offensive

From Spain and Italy relaxing lockdowns to Russia hitting a new daily high for cases, and Trump backing claim that coronavirus emerged out of Wuhan lab - read these and more in today's world dispatch

World coronavirus dispatch: China prepares for full-blown global offensive
Updated On : 05 May 2020 | 6:33 AM IST

China's central bank conducting tests of digital yuan payment in 4 cities

The DC/EP system remains in a period of research and development, and that the pilots do not mean the PBOC has officially issued digital yuan

China's central bank conducting tests of digital yuan payment in 4 cities
Updated On : 21 Apr 2020 | 11:11 AM IST

China revises Covid figures in Wuhan by 50%, death toll mounts to 4,632

Citing data discrepancies, the Wuhan municipal headquarters on Friday revised the number of confirmed Covid-19 cases and deaths

China revises Covid figures in Wuhan by 50%, death toll mounts to 4,632
Updated On : 18 Apr 2020 | 2:47 AM IST

China suffers first GDP decline on record as coronavirus cripples economy

The world's second-largest economy shrank 6.8% from a year ago in the three months ending in March after factories, shops and travel were closed to contain the infection, official data showed.

China suffers first GDP decline on record as coronavirus cripples economy
Updated On : 17 Apr 2020 | 9:03 AM IST

India to grow at 1.9% in FY21, recover to 7.4% path in 2021-22: IMF

The country will still be the fastest growing large economy this financial year, but it will lose that tag next year to China, says the agency.

India to grow at 1.9% in FY21, recover to 7.4% path in 2021-22: IMF
Updated On : 15 Apr 2020 | 3:11 AM IST

Covid-19 Factoid: Over 3,000 dying daily, and three other data trends

The US, Italy and Spain together share almost half the total Covid-19 cases across the globe

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Updated On : 02 Apr 2020 | 9:33 AM IST

World coronavirus dispatch: Estimating the impact on US, China economies

A Nikkei survey of 29 economists predicts that China's economy may contract by 3.7 per cent in Jan-March quarter.

World coronavirus dispatch: Estimating the impact on US, China economies
Updated On : 01 Apr 2020 | 7:46 AM IST