Its economic problems due to ageing, low birth rate, and poor gender ratios should serve as a wake-up call for India
"The cyclical bottom is here, with all eyes on whether organic demand will pick up amid gathering policy momentum," wrote economists led by Yu Xiangrong
Along with looser monetary policy, the country has also seen an uptick in local government borrowing for infrastructure as authorities look for ways to support growth
But it could push up global rates
The customs data released on Thursday further showed that imports also slid 7.3% to $216.51 billion
The book is a vital read because it moves away from the current body of literature that posits China as the "bad boy" by negating the expectations of the West...
According to the data with the depositories, Foreign Portfolio Investors (FPIs) have put in a net sum of Rs 3,272 crore in Indian equities from August 1-11
Elizabeth Economy's book offers insights into how China is reshaping global norms and raises the question of whether it can truly coerce nations with its economic power to serve its own interests
China on Tuesday successfully launched the Shenzhou-16 manned spaceship, sending three astronauts, including the first civilian to its space station combination for a five-month mission. The spaceship, atop a Long March-2F carrier rocket, blasted off from the Jiuquan Satellite Launch Centre in northwest China at 9:31 AM (Beijing Time), according to the China Manned Space Agency (CMSA). About 10 minutes after the launch, Shenzhou-16 separated from the rocket and entered its designated orbit. The crew members are in good shape and the launch is a complete success, the CMSA declared, it said. The astronauts are expected to dock with the station's Tianhe core module about 400km above the ground after a journey of less than seven hours. For the first time, China has included a civilian in its rotating crew for the space station which otherwise remained a domain of the military personnel. Gui Haichao, a professor at Beihang University in Beijing regarded as a payload specialist was am
The debt ratio held by non-financial corporates rose 5.8% points. Leverage ratios for the household and government sectors were each up by around 1% point
Gross domestic product expanded 4.5% last quarter from a year earlier, official data showed Tuesday, beating economists' expectations
China's gross domestic product grew 4.5% in the first quarter of the year, boosted by increased consumption and retail sales, after authorities abruptly abandoned the stringent zero-COVID strategy. The growth in the world's No. 2 economy from January to March compared to the same period in 2022 was the fastest in the past year, and outpaced the 2.9% growth in the previous quarter, according to government data released Tuesday. The growth in GDP comes amid a rebound in consumption, as people flocked to shopping malls and restaurants after harsh COVID-19 restrictions were removed. In March, total retail sales of consumer goods went up by 10.6% year on year, and grew 7.1 percentage points compared to the first two months of the year. Industrial production output, which measures activity in the manufacturing, mining and utilities sectors, grew by 3.9% in March compared to the same time last year. Fixed-asset investment in which China invests in infrastructure and other projects to dr
The radar base will focus on monitoring the activities of the Indian Navy, apart from attempting to evaluate India's strategic assets in South India
Colombo awards licences to three foreign firms, including a Chinese one, to operate in retail fuel market
Will remain slightly Overweight India in the Asia Pacific ex-Japan relative-return portfolio, says Christopher Wood, global head of equity strategy at Jefferies in his GREED & Fear note to investors.
China's new Premier Li Qiang on Monday said achieving the five per cent GDP target for the slowing down economy is not an easy task and requires redoubled efforts but assured the country's tattered private sector better environment, broader space for development. Li Qiang, the long-term aide of Chinese President Xi Jinping who succeeded Li Keqiang, in his first press conference, drew on Chinese folklore to demonstrate the country's resilience in the face of difficulties but concedes the economy faces challenges. He acknowledged that achieving the 2023 gross domestic product (GDP) growth target of around five per cent for this year on the current high base of China's economic output is not an easy task and requires redoubled efforts. Playing down the importance of GDP, he said most people do not keep their eyes on GDP growth all the time. China, the world's second-largest economy, last year reported a three per cent GDP, the lowest in decades and the target of about five per cent se
New Delhi-based think-tank Organisation for Research on China and Asia (ORCA) has published an interactive dashboard on China's Census
Amid multiple domestic and international reverses due to its zero-Covid policy and assertiveness, China is unlikely to meet its estimated GDP growth rate, according to World Bank
The lockdowns, testing and quarantine rules that were key to the Covid Zero policy put a strain on consumer and business spending, pushing the economy close to contraction in the second quarter
Health ministry asks states to ramp up genome sequencing