Page 22 - Chinese Economy

China aims self-sufficiency: What to watch for in its 5-Year economic plan

The finalized plan won't be made public before being formally approved by China's legislature, the National People's Congress, in March

China's economic recovery plows on as World's only major growth engine

Gross domestic product expanded 4.9 per cent in the third quarter from a year ago, missing economists' forecast for a 5.5 per cent expansion

China's economy is back-ish. Without it the world would be on thinner ice

The numbers underscore projections last week from the International Monetary Fund that China will be the only major economy to advance in 2020

China says indicators give good reason to believe in sustained recovery

While third-quarter GDP growth lagged behind expectations, the month of September saw improvement in all major indicators

China's GDP grows 4.9% y-o-y in September quarter, misses expectations

The economy grew 0.7 per cent in the first nine months from a year earlier, the data showed

China gives Shenzhen more autonomy for market reform and integration

The changes announced by the National Development and Reform Commission include more flexibility to pursue reforms in areas such as land use and cross-border arbitration

China passes export control law to protect civil, military, nuclear items

The country's top legislative body, the National People's Congress Standing Committee, adopted the measure on Saturday that applies to all companies in China

Buoyed Chinese stock market tops $10 trillion, shrugs off 2015 rout

The world's second-largest stock market has added $3.3 trn since March lows

China's factory activity accelerates in Sept on boost from overseas demand

A private survey, also released on the day, painted a similar picture of the manufacturing sector gaining momentum backed by stronger overseas demand

Covid-19: China's economic recovery leaves the bottom 60% behind

The rebound Beijing engineered is K-shaped, exacerbating widening income inequality, which was already a problem before the pandemic.

China's industrial profits grow 19.1% y-o-y in August to 612.81 bn yuan

That compares with a 19.6% increase in July and is the fourth straight month of profit growth

China issues new rules to tighten control over financial holding firms

New rules apply to firms with a banking operation & financial assets of over $73 bn

China taking advantage of Covid-19, tiff with India an example: US diplomat

The Assistant Secretary for East Asian and Pacific Affairs also reiterated Secretary Pompeo's remarks that the United States hopes for a peaceful resolution to the border standoff

China's services sector sustains recovery as hiring picks up: Caixin PMI

Firms started to hire more in August after six months of layoffs, indicating some recovery in a labour market that has been hit hard by sharp falls in demand

Once nearly half, China's market capitalisation is now 5x India's

According to Bloomberg data, China's m-cap stood at just $407 billion in May 2006 - 45 per cent below India's m-cap of $745 billion

China's Aug export orders shake off Covid gloom, fuelling factory expansion

The Caixin/Markit Manufacturing Purchasing Managers' Index(PMI) rose to 53.1 last month from July's 52.8

Global Economy: Asian factories shaking off Covid-19 gloom, China shines

Manufacturing activity in China expanded at the fastest clip in nearly a decade in August, as factories ramped up output to meet rebounding demand

China will release funds to local govts more quickly to boost economy

The government has said it would set up special transfer payments of 2 trillion yuan ($289.72 billion) from special treasury bonds

China's mega banks hire tens of thousands in latest rescue mission

The four biggest state banks, led by Industrial & Commercial Bank of China Ltd., this month kicked off their autumn campus hiring, instead of in November as in previous years

Chinese premier says economy could grow this year despite Covid-19

BEIJING (Reuters) - Chinese Premier Li Keqiang said the country's economy could grow this year, state radio reported on Sunday, despite the impact of the COVID-19 pandemic.