Page 16 - Chinese Economy

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

China's economy expected to grow 5.3% in 2022, says govt think tank

China's economy is expected to grow around 5.3% in 2022, bringing the average annual growth rate forecast for 2020-2022 to 5.2%, the Chinese Academy of Social Sciences, a top govt think tank, said

China says market views of monetary policy moves too 'simplistic'

A Chinese newspaper run by the State Council, or cabinet, warned the market against "simplistic" interpretations of monetary policy moves as easing expectations gathered steam

China will encourage listing of leading futures firms, to issue futures law

China's commodities market had been volatile this year amid the uneven global economic recovery, easing liquidity and speculation

Declining marriage numbers add to China's demographic conundrum

Fewer people are getting married in China in addition to the falling birth rates, hastening the demographic crisis in the world's most populous country, according to an official data

China posts record trade surplus in October on galloping exports

China's trade growth has remained well above pre-pandemic levels all year

JPMorgan cuts China growth forecast for fifth time since August

JPMorgan cuts its fourth quarter growth forecast for China to 4.0% quarter-on-quarter from 5.0% on Friday, citing the impact of power shortages and the recurrence of COVID-19

China stock pickers reshape portfolios on Xi's 'common prosperity'

The intent behind Xi's drive is a narrower gap between the rich and poor in the world's second largest economy