Page 2 - Chinese Economy

As China ages, inheritance transfers give rise to family disputes

With the Chinese society aging and the slowing economy, the middle class is starting to argue over money as well, tearing apart long-held social norms such as family harmony and filial duty

China's ageing society is creating a new workforce: The hospital companion

China's ageing crisis and overburdened hospitals have given rise to a new service industry of paid companions who assist elderly patients through daunting medical routines

China's industrial profits rise for second consecutive month in September

A 21.6 per cent increase in industrial profits last month, the fastest pace since November 2023, followed a 20.4 per cent jump in August, data from the National Bureau of Statistics showed

China's economy slows to 4.8% in Jul-Sep amid trade tensions, weak demand

China's economy expanded at the slowest annual pace in a year in July- September, growing 4.8 per cent, weighed down by trade tensions with the United States and slack domestic demand. The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2 per cent pace of growth in the previous quarter, the government said in a report Monday. In January-September, the world's second largest economy grew at a 5.2 per cent annual pace. Despite US President Donald Trump's higher tariffs on imports from China, the country's exports have remained relatively strong as companies shifted their sales to other world markets. Tensions between Beijing and Washington remain elevated, and it's unclear if Trump and Chinese leader Xi Jinping will go ahead with a proposed meeting during a regional summit at the end of this month. Xi and other ruling Communist Party members are convening one of China's most important political meetings for the year on Monday,

China's exports beat forecasts, showing resilience as trade war escalates

The strength of demand from markets other than the US means that Chinese firms should be less affected by the further increase in tariffs threatened by President Donald Trump

In Xi's China tycoons are vanishing, and Liuzhi may be the reason why

A growing number of China's top bosses are vanishing into Liuzhi, a secretive detention system where anti-corruption drives, blacklists, and bankruptcy laws converge to punish business failure

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