Page 7 - China Economy

China gives govt workers first big pay hike in a decade to boost economy

On a combined basis, the immediate payout would amount to a one-time shot to the economy of between about $12 billion and around $20 billion

Why India and China should admit that their economies are intertwined

A lot has changed. Both nations are more than a little concerned about how they will revive slowing growth

China's manufacturing activity growth slows as recovery remains bumpy

The Caixin manufacturing purchasing managers index fell to 50.5 from 51.5 in November, according to a statement released by Caixin and S&P Global on Thursday

Factors behind China's declining productivity and economic slowdown

One key issue contributing to this downturn is the country's declining total factor productivity (TFP), a measure of how efficiently inputs like labour and capital are used to generate output

China's Dec residential property sales stay flat in sign of stabilisation

The value of new-home sales from the 100 biggest real estate companies for the month remained unchanged from a year earlier at 451.4 billion yuan

Record Chinese youth flock to civil services on prospect of job security

Applicant numbers, which surged by over 400,000 from last year and have tripled since 2014, reflect the huge demand for stability

India, China to Germany and UK: How major economies performed in 2024

While India and US have optimistic outlooks going into 2025, Germany and UK may see sluggish growth

China urges more aid for people in need as economic challenges persist

China's economy has struggled to gather steam this year, mainly due to a protracted property crisis and weak domestic demand

China sentences man to death for driving car into crowd, killing 35 people

China has been witnessing a rise in incidents of violence targeting random members of the public - including children - in recent months as economic growth stutters

Exporters ask for Rs 750 cr to target US market amid China's tariff woes

The demand has come at a time when there is an expected policy shift in the US by President-elect Donald Trump, who wants to impose higher tariffs on Chinese goods

China revises up 2023 GDP by 2.7%, sees little impact on 2024 growth

In previous five-yearly economic censuses, China revised up the size of the economy for 2018 by 2.1 per cent and for 2013 by 3.4 per cent

China's first batch of 2025 fuel export quota flat compared to a year ago

State-owned oil firms Sinopec and CNPC, the key receivers of these quotas, were given combined allowances of 13.34 million tonnes, or 70 per cent of the 19 million tonnes

China revises its value-added tax, a big relief for small-scale taxpayers

The draft law exempts tax on specific agricultural products, imported equipment for scientific research and teaching, certain goods for people with disability, and services by welfare institutions

China plans record $411 billion special treasury bond issuance next year

The proceeds will be targeted at boosting consumption via subsidy programmes, equipment upgrades by businesses and funding investments in innovation-driven advanced sectors

Markets Today: US GDP; China LPR; FIIs; Senores & Carraro IPOs; IGI listing

Early indicators pointed to a subdued start, with GIFT Nifty Futures trading 84 points lower at 23,934 at 6:55 AM

How is China achieving record harvests despite reducing fertiliser use?

China has reduced fertiliser use for eight consecutive years since 2015 and yet the country's agricultural output has steadily increased with 2024 grain production hitting a historic high

China to boost household income with direct support, social security steps

Policymakers are weighing inclusion of more products in high demand and with potential for replacement in the scheme, as this programme had a "very good" effect this year, it added, without stating

China's industrial output rises, weak consumption pressures economy

China's industrial output grew 5.4 per cent in November year-on-year, up from the 5.3 per cent pace seen in October

China's yuan eases after remarks at key economic meeting fail to inspire

China's 10-year and 30-year sovereign bond yields fell over 4 basis points each to record lows of 1.7650 per cent and 1.9950 per cent, respectively

Oil prices rise as China's policy easing stirs demand optimism

Bloomberg News reported on Tuesday that the U.S. government was weighing harsher sanctions against Russia's lucrative oil trade, seeking to tighten the squeeze on the Kremlin's war machine just weeks