Page 5 - China Economy

China's factory-gate deflation hits 2-year low amid global trade war

The producer price index fell 3.6 per cent in June from a year earlier, worse than a 3.3 per cent decline in May and the largest drop since July 2023

China's blistering heat leaves workers exposed as gig economy booms

According to The Lancet, yearly heat wave-related deaths in China have now nearly doubled compared with 1986 to 2005, with more than 37,000 deaths in 2023 alone

China plans cash subsidies for families to boost birthrate, growth

The government is set to provide 3,600 yuan ($503) a year for each child, born on or after Jan. 1 this year, until they turn three under a nationwide initiative

China ready to discuss trade tariffs and subsidies with US at WTO

Following positive trade talks in Geneva and London, China indicated openness towards discussing tariffs within the WTO

China's manufacturing activity returns to growth in June, Caixin PMI shows

Caixin/S&P Global manufacturing PMI rose to 50.4 in June from 48.3 in May, surpassing analysts' expectations

China issues new financial guidelines to spur consumption, boost income

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

China's home prices dip in May, extending two-year slump despite support

New home prices fell 0.2 per cent month-on-month in May after showing no growth the previous month

China's factory growth slows to 6-month low, retail sales give brief relief

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

China May services activity grows despite US tariff concerns, PMI at 51.1

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

As incomes shrink, Beijing's nightlife shifts behind closed doors

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

China's factory activity contracts in May as US tariffs take a toll

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 to collect record $22 billion in BRI loan repayments in 2025

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

Stock market close highlights: Sensex tanks 872 points, Nifty at 24,683; all sectors end in red

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

Hidden communication devices found in Chinese power inverters in US

US officials find hidden communication devices in Chinese-made power inverters and batteries, raising fears over security risks to critical energy infrastructure

India most preferred Asia-Pac equity market: BofA Securities FMS survey

In India, infrastructure and consumption continue to be the primary themes that investors are keenly monitoring, BofA Securities said

China cuts key rate, reserve ratio amid escalating US trade tensions

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

China's services growth hits 7-month low as tariffs bite, PMI drops to 50.7

Despite stronger-than-expected economic growth in the first quarter, supported by government stimulus, China's economy contends with persistent deflationary risks

China's early Q2 dividend payouts to help ease Yuan's price swings

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

Adidas products may become costlier in the US, thanks to Trump tariffs

The German sportswear company did not make it clear by how much it is going to increase it product prices in the US

Hoping to regain investor trust, China enacts its first private sector law

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