Business Standard

Chinese economy

China's economy grows slower than expected on weak demand, job insecurity

The government is aiming for economic growth of around 5.0% for 2024, a target that many analysts believe is ambitious and may require more stimulus

China's economy grows slower than expected on weak demand, job insecurity
Updated On : 15 Jul 2024 | 11:41 AM IST

What is China's 'third plenum'? Everything you need to know about it

The first, second and seventh plenums typically focus on the power transition between Central Committees

What is China's 'third plenum'? Everything you need to know about it
Updated On : 15 Jul 2024 | 11:26 AM IST

Why has China's central bank introduced a new cash management tool?

The central bank has sounded warnings and introduced a flurry of measures, including plans to sell treasury bonds, to cool a long-running bond rally

Why has China's central bank introduced a new cash management tool?
Updated On : 11 Jul 2024 | 11:52 AM IST

Taiwan to produce new kamikaze drones to repel potential Chinese invasion

The upgraded versions are expected to be produced in small batches and included in the regular annual budget

Taiwan to produce new kamikaze drones to repel potential Chinese invasion
Updated On : 09 Jul 2024 | 9:47 AM IST

What makes disconnecting trade ties with China expensive and challenging

The current global economic environment works against migration, standing in contrast to the increasingly tense geopolitical situation that adds urgency to decoupling

What makes disconnecting trade ties with China expensive and challenging
Updated On : 05 Jul 2024 | 8:16 AM IST

Xi Jinping greets EU Council president ahead of EV tariffs taking effect

EU trade policy has turned increasingly protective over concerns that China's production-focused development model could see it flooded with cheap goods

Xi Jinping greets EU Council president ahead of EV tariffs taking effect
Updated On : 04 Jul 2024 | 10:30 AM IST

Xi's China proves a hard sell as officials seek investments overseas

Global investors see the investment pitch with skepticism, partly due to Xi Jinping's policies

Xi's China proves a hard sell as officials seek investments overseas
Updated On : 04 Jul 2024 | 7:23 AM IST

China's factory activity grows at fastest pace in 3 yrs, PMI rises to 51.8

Demand for consumer and intermediate goods was stronger than that for investment goods

China's factory activity grows at fastest pace in 3 yrs, PMI rises to 51.8
Updated On : 01 Jul 2024 | 7:57 AM IST

China's industrial profits growth slows sharply in May amid patchy recovery

The closely watched gauge of business conditions follows a flurry of largely downbeat economic indicators in May

China's industrial profits growth slows sharply in May amid patchy recovery
Updated On : 27 Jun 2024 | 10:25 AM IST

Chinese firms seek assurances from Malaysia on avoiding US tariffs

The companies have asked Malaysian ministers and senior government officials to lobby against US imposing tariffs on products made or assembled in Malaysia by Chinese groups

Chinese firms seek assurances from Malaysia on avoiding US tariffs
Updated On : 25 Jun 2024 | 11:15 AM IST

China's new-age automakers live-stream to interact with potential customers

"If you're not livestreaming these days you're kind of a dinosaur," said Mark Tanner, managing director of Shanghai-based marketing firm China Skinny

China's new-age automakers live-stream to interact with potential customers
Updated On : 24 Jun 2024 | 7:41 AM IST

China requests Britain to stop sanctioning Chinese firms over Russian links

Britain last week imposed its first sanctions targeting vessels in Russian President Vladimir Putin's "shadow fleet" that it said was used to circumvent Western sanctions on the trade in Russian oil

China requests Britain to stop sanctioning Chinese firms over Russian links
Updated On : 19 Jun 2024 | 2:54 PM IST

Critical minerals, clean energy key focus as Chinese premier visits Aus

Perth is the capital of Western Australia state, which provided 39% of the world's iron ore last year. Iron ore is one of Australia's most lucrative exports

Critical minerals, clean energy key focus as Chinese premier visits Aus
Updated On : 18 Jun 2024 | 1:31 PM IST

China's May industrial output lags expectations, retail sales a bright spot

The industrial data released on Monday by the National Bureau of Statistics (NBS) came in below expectations for a 6.0% increase in a Reuters poll of analysts

China's May industrial output lags expectations, retail sales a bright spot
Updated On : 17 Jun 2024 | 9:30 AM IST

EU to impose up to 25% additional tariffs on imported Chinese EVs

The move comes as European automakers are being challenged by an influx of lower-cost EVs from Chinese rivals

EU to impose up to 25% additional tariffs on imported Chinese EVs
Updated On : 13 Jun 2024 | 5:50 AM IST

China solar panel makers seek government action to halt freefall in prices

Financial incentives and a government push have helped China become the solar panel factory of the world

China solar panel makers seek government action to halt freefall in prices
Updated On : 12 Jun 2024 | 12:35 PM IST

China Evergrande chairman's seized Hong Kong mansion sold for $57 mn

All of Evergrande's properties in Hong Kong have been seized or sold, while the personal assets of Hui are not included in the liquidation process

China Evergrande chairman's seized Hong Kong mansion sold for $57 mn
Updated On : 12 Jun 2024 | 11:06 AM IST

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 plans to cut CO2 emission in key sectors by 1% of 2023 level
Updated On : 30 May 2024 | 1:56 PM IST

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

China considers record penalty for PwC over Evergrande auditing work
Updated On : 30 May 2024 | 11:38 AM IST

China unveils new measures to fix its real estate crisis, spur growth

China announced a slate of fresh measures Friday to reinvigorate its ailing property industry after the latest data showed housing prices have slumped nearly 10% since the start of the year. Among other things, the central bank said it would reduce the minimum down payment for mortgages and remove the floor on interest rates for first and second homes. China's housing market has slumped after a crackdown on excessive borrowing by property developers several years ago, dragging along a wide range of other businesses such as home furnishing, appliances and construction and slowing growth in the world's No. 2 economy. Dozens of developers, whose legions of high-rise apartments have transformed urban landscapes across China, have defaulted on their debts. Many projects have just stalled, unfinished. He Lifeng, a vice premier, said officials would roll out policies to suit each city and fight the tough battle of dealing with the risk of unfinished commercial housing. We will solidly

China unveils new measures to fix its real estate crisis, spur growth
Updated On : 17 May 2024 | 4:23 PM IST