Page 16 - Chinese Economy

China's zero-Covid rules to impact freight costs, global inflation

China's 'witless' rules have left hundreds of cargo ships stranded on the ports which will impact freight costs and global inflation.

China's GDP growth tops forecasts in first quarter; analysts sceptical

The better-than-expected economic data prompted questions from analysts who pointed to inconsistencies with alternative statistics that paint a grimmer picture

Chinese trade with Russia feels the sting of Ukraine war

Last year, about 30% of her 40 million yuan ($6.29 million) revenue came from Russia

China's March factory activity contracts at sharpest rate in 2 yrs: Survey

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) fell to 48.1 in March, indicating the steepest rate of contraction since February 2020, from 50.4 in the previous month.

China seeks bumper wheat harvest amid fears of global food crisis

The notice comes as Chinese authorities spare no effort to raise domestic production in spring ploughing season, which started from early April

Industrial metals slip on China Covid surge; aluminium prices shed 2.1%

Benchmark prices for aluminium shed 2.1 per cent to $3,252 per tonne in official trading activity, after sinking 4.7 per cent in the previous session

China cuts GDP growth to 5.5% to target slower growth amid headwinds

In 2021, China's economy grew by 8.1 per cent to about USD 18 trillion- stated to be the best in a decade

China hikes defence budget by 7.1% to $230 bn, three times India's spending

China's hike in defence spending comes amid the People's Liberation Army's growing incidents of muscle-flexing in the strategic Indo-Pacific region

China lowers GDP target for 2022 to 5.5% from last year's 6.1%

In 2021, China's economy grew by 8.1 per cent 2021, well above the government target

Alibaba reports smallest rise in quarterly revenue, misses expectations

The slowing Chinese economy has taken a toll on the e-commerce company, as consumers cut back discretionary spending

Catch-22 for firms: Winning in China risks losing elsewhere, and vice versa

Notably, in June, the United States will enact a sweeping law that will expand restrictions on Xinjiang

China Jan factory activity growth slows, demand wanes as Covid surges

China's economy started last year strong, reviving from a sharp pandemic-induced slump, but it started losing momentum in the summer

In China, it's fear vs greed: Rally continues to raise stakes for traders

The past week shows investors need to be prepared for violent swings

BS Views of the week: India's rising unemployment rate; the missing link that could rescue Paytm

Why are so many young boys and girls keen to work but are not actively looking for one? What is Paytm’s missing link? And, how can India tackle inequality? Subscribe to Business Standard and read this week’s top opinion pieces to find out

China cuts key rates, steps up monetary stimulus to boost economy

Authorities are also stepping up efforts to prop up the troubled property sector

Chinese President Xi Jinping calls for a secure global supply chain

He also pushed for joint efforts to overcome the Covid-19 pandemic while ensuring fair distribution of vaccines

China's central bank vows greater support for real economy

There will be more "proactive" use of monetary policy tools, the People's Bank of China said in a statement on Saturday

A new road map for Xi's political future

Chinese leaders stress macro-economic stability as the Party Congress draws near, but their strategy is riddled with contradictions

China Evergrande hits new low on default worries; Kaisa misses pay date

Bondholders owning over 50% of the notes in question sent the company draft terms of forbearance late on Monday

China's central bank frees up $188 billion as Evergrande default fears rise

The People's Bank of China (PBOC) said it would cut the amount of cash that banks must hold in reserve