Page 2 - China Gdp

China's leaders vow to step up policy support for boosting economy

"Macro policies should be strengthened persistently and become more forceful," the Poliburo added, according to the official Xinhua news agency

Italy signs trade pact with China to renew ties after BRI project exit

The ANSA news agency reported that Meloni made the announcement at the start of a meeting with Chinese Prime Minister Li Qiang in Beijing on July 28

The China challenge

From a military standpoint, while the regional rivalry is not insignificant, it is the territorial contestation that is more important at the moment

China's secretive spaceplane likely testing 'dual use' technology: Experts

The U.S. first launched its uncrewed Boeing X-37B spaceplane in 2010, while Russia has recently launched several satellites that U.S. officials suspect may be weapons, a charge Russia has denied

China conducts surprise rate cuts in efforts to support weak economy

The cuts come after China last week reported weaker-than-expected second-quarter economic data and its top leaders met for a plenum that occurs roughly every five years

Chinese officials expect bumpy road in economic policy implementation

Officials made a raft of pledges, from modernising the industrial complex to expanding domestic demand

'Luxury shame' hits China's luxury market as elites dial down on austerity

The elite in the Land of the Dragon are refraining from ostentatious purchases, putting the nation's luxury market under strain

China's Q2 growth misses expectation, prompts urgent economic policy review

China's economic growth in the second quarter fell short of expectations at 4.7%, with weak consumption and property data prompting policymakers to convene a key economic meeting

PM Modi to visit Russia at time when Moscow is deepening embrace with China

Relations between India and China have been stuck at a low point since a border dispute erupted into violence in 2020, though the two sides have agreed to talks to resolve the disagreement

Asia's factory activity expands in June on solid momentum in global economy

The surveys show how Chinese firms are ramping up production despite weak domestic demand, which Beijing has failed to reverse with a rescue package for an ailing property sector

China's June new home prices rise at slowest pace in five months: Survey

The value of new home sales at China's top 100 real estate companies slid 41.6% in January-June from the same period a year ago

A $100 bn bet on China's economy sours as warehouses, industrial hubs empty

Logistics hubs that were built in anticipation of a long-lasting boom in e-commerce, manufacturing and food storage are losing tenants, forcing building owners to slash rents

Rich Chinese spend millions on Shanghai's luxury property, defying crisis

Shanghai's luxury real estate market is a bright spot in China's bleak property sector

China's consumer inflation holds steady in May, factory deflation eases

Weak consumption in China has kept a lid on consumer prices since 2023 despite many rounds of support measures as confidence remains low in the face of a protracted property sector crisis

China's central bank to resume gold buying as prices ease, say analysts

After adding to its gold reserves for 18 consecutive months, official data from the People's Bank of China (PBOC) showed its holdings were unchanged in May

China's exports grow 7.6% in May, beat expectations amid trade tensions

China's exports for May beat analyst expectations despite trade tensions, though imports shrank, according to customs data released Friday. Exports jumped 7.6% in May from the same time last year to USD 302.35 billion. Imports however rose by 1.8% to USD 219.73 billion, missing estimates of about 4% growth. The uptick in exports is also partly due to a lower base from the same period last year, when exports declined 7.5%. In comparison, imports grew by 1.5% in April compared to the same period last year while April imports rose by 8.4%. Strong exports also saw China's trade surplus widen to USD 82.62 billion, up from April's USD 72.35 billion. China's growth in exports come as it faces escalated trade tensions with the US and Europe. The US is ramping up tariffs on China-made electric cars while Europe is considering levying similar tariffs. Factory activity in China slowed more than expected in May, according to an official survey released last week. The manufacturing purchasin

All you know need to know about China's affordable housing policy

Authorities hope that over time, improving access to affordable housing could provide utility to some of the excess construction undertaken in the boom years

China factory activity contracts in May in surprise hit to growth outlook

The official manufacturing purchasing manager index fell to 49.5 in May, the National Bureau of Statistics said on Friday. That compares with a reading of 50.4 in April

China plans to cut CO2 emission in key sectors by 1% of 2023 level

The plan said China would 'strictly' control coal consumption, 'reasonably' control petroleum consumption and promote use of biofuel and sustainable aviation fuel

China considers record penalty for PwC over Evergrande auditing work

PwC has been under the spotlight after China launched one of the biggest investigations of financial fraud in history involving developer Evergrande