Page 2 - Chinese Economy

What China ban means for Nvidia's billions and who gains in Beijing?

China has reportedly directed its biggest technology firms, including ByteDance, Alibaba and Tencent, to stop buying Nvidia's artificial intelligence chips and cancel existing orders

China's rare earth exports hit record high in August ahead of Xi-Trump call

China's rare earth exports surged to a record 7,338 tons in August, even as EU firms raise issues on licensing delays

Losing steam: China's economic slowdown deepens in key August indicators

Factory output, retail sales, and investment weaken in August as deflation risks, job losses, and property slump weigh on China's economy

China's consumer prices drop fastest in 6 months as factory deflation eases

Weak consumer demand has weighed on China's economic growth as the property market downturn persists and US tariffs squeeze exports

Why are top US scientists choosing to move their research careers to China?

Liu Jun, a respected statistician and longtime Harvard professor, has returned to China, as part of a growing exodus of academics from the US driven by funding cuts and rising opportunities in EU and

China's economy lags in July amid tariff pressure, weak property market

China's economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on exports to the United States is still looming over the world's second-largest economy after President Donald Trump extended a pause in sharp hikes in import duties for 90 days, beginning Monday, following a 90-day pause that began in May. As officials worked toward a broader trade agreement, China reported earlier that its exports surged 7.2% in July year-on-year, while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of the truce in Trump's trade war with Beijing. But that also reflected a lower base for comparison, and manufacturers have slowed investments, hiring and production as they watch to see what comes. Chinese manufacturers also have ramped up shipments to Southeast Asia, Africa and other regions to help offset lost business in the US. Still, annua

China keeps lending rates unchanged as Q2 data shows economic resilience

Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages

China's economy grows 5.2% as strong exports mask weak consumer demand

Industrial output rose 6.8 per cent in June from a year earlier, faster than the 5.6 per cent expansion forecast by economists

Donald Trump makes China great again as it grows bolder with India

Assumptions about US' decline are making China bolder and more overbearing in its approach towards India

China's manufacturing activity returns to growth in June, Caixin PMI shows

Caixin/S&P Global manufacturing PMI rose to 50.4 in June from 48.3 in May, surpassing analysts' expectations

China's factory activity contracts in May as US tariffs take a toll

Two weeks after a breakthrough trade truce, US Treasury Secretary Scott Bessent said Thursday that negotiations with China are "a bit stalled," signalling fresh uncertainty in the talks

European businesses report record-low optimism in China: Survey

EU Chamber of Commerce survey shows just 12 per cent of European firms in China optimistic about profitability, reflecting deepening concerns over trade tensions

China's fossil fuel output dips from March highs but rises year-on-year

Gas output rose 8.1 per cent year-on-year to 21.5 billion cubic meters, while crude oil increased 1.5 per cent to 17.7 million tonnes, the statistics bureau said

China cuts key rate, reserve ratio amid escalating US trade tensions

People's Bank of China cut the seven-day reverse repurchase rate to 1.4 per cent from 1.5 per cent, according to Governor Pan Gongsheng

China won't talk if US doesn't show respect, says former top official

China and the US have spent the past two weeks locked in an escalating trade war, with both sides piling on new tariffs and raising barriers to trade

Trump tariffs to impact millions of Chinese workers in a blow to economy

Trump's 145% tariffs on China's goods are threatening to obliterate its access to the world's biggest economy, with Goldman Sachs estimating that up to 20 mn people may be exposed to US-bound exports

Trump's tariffs seen as far worse shock to China than first trade war

The trade standoff may wallop the economy just as its performance was steading in the beginning of 2025, with little sign of damage from tariff increases so far

China's vice premier reassures foreign CEOs on investment, business growth

China reassures foreign investors amid geopolitical tensions, urging open markets and promising a better business environment at the China Development Forum

China economic pickup outpaces forecasts before tariff pain deepens

The upswing suggested Beijing's pro-growth pivot since late September continued to feed momentum for the world's second-biggest economy

China urges banks to expand lending, credit use to boost consumer spending

China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more. The order on Friday from the country's financial regulator is part of the ruling Communist Party's latest push to build more confidence among consumers who are opting to save rather than spend, worried over jobs and the outlook for the economy. It said banks should lend more and also find ways to help borrowers who run into difficulties. Share prices in China surged following the notice from the National Financial Regulatory Commission. Officials are due to hold a briefing on Monday on efforts to increase spending and investment, factors considered crucial for keeping the economy on track following the setbacks of the COVID-19 pandemic, when millions of people lost jobs and many companies went out of business. The Chinese economy, the world's second-largest, has been growing recently at about a 5 per cent pace, ...