Page 5 - Chinese Economy

China's central bank sees room to cut reserve buffers to boost economy

The central bank would watch developing economic trends before making any adjustments, Zhou said, adding that the bank was closely monitoring policy changes in major economies

China home sales slump continues despite government's rescue efforts

The sector continues to be a drag on China's economy, which needs more stimulus to meet the government's 5 per cent growth target this year, according to reports

Oil prices falls 2% on Gaza ceasefire talks, weak Chinese economy

US Secretary of State Antony Blinken on Monday said the latest diplomatic push by Washington to achieve a ceasefire deal in Gaza was "probably the best, maybe the last opportunity"

China's youth jobless rate climbed to 17.1% in July as hiring held off

Around 12 mn students graduated this summer, but with even roles in remote areas attracting young Chinese with diplomas from top universities, aspiring professionals face toughest job market in years

Chinese officials get no respite as economy shows new signs of weakness

Economy had already grown more slowly than expected in the second quarter, expanding 4.7 per cent from a year earlier, as wary consumers remained reluctant to spend and trade ties with major markets

PBOC studies plan to narrow rate fluctuation range, warns over bond risks

Chinese Bank also used report to sound warnings about the risks of what it considers a bond-market bubble, after an unprecedented rally sent yields so low that they could endanger financial stability

China defends its manufacturing capacity, asserts world needs more EVs

While China pays attention to concerns of major economies about overcapacity, it too is concerned by trade threats like tariffs, Liao said

Don't break law and you have nothing to fear, China tells Taiwan staff

Speaking at a regular news briefing, Zhu Fenglian, spokesperson for China's Taiwan Affairs Office, reiterated there was no cause for alarm for most Taiwanese

As Volkswagen struggles in China. Can EVs help it grow in US market?

By 2030, Volkswagen plans more than 30 new electric or hybrid models in China and hopes to boost sales to about 4 million, from about 3 million today, lifting its market share to 15 per cent

China conducts surprise rate cuts in efforts to support weak economy

The cuts come after China last week reported weaker-than-expected second-quarter economic data and its top leaders met for a plenum that occurs roughly every five years

China's economy grows slower than expected on weak demand, job insecurity

The government is aiming for economic growth of around 5.0% for 2024, a target that many analysts believe is ambitious and may require more stimulus

What is China's 'third plenum'? Everything you need to know about it

The first, second and seventh plenums typically focus on the power transition between Central Committees

Why has China's central bank introduced a new cash management tool?

The central bank has sounded warnings and introduced a flurry of measures, including plans to sell treasury bonds, to cool a long-running bond rally

Taiwan to produce new kamikaze drones to repel potential Chinese invasion

The upgraded versions are expected to be produced in small batches and included in the regular annual budget

What makes disconnecting trade ties with China expensive and challenging

The current global economic environment works against migration, standing in contrast to the increasingly tense geopolitical situation that adds urgency to decoupling

Xi Jinping greets EU Council president ahead of EV tariffs taking effect

EU trade policy has turned increasingly protective over concerns that China's production-focused development model could see it flooded with cheap goods

Xi's China proves a hard sell as officials seek investments overseas

Global investors see the investment pitch with skepticism, partly due to Xi Jinping's policies

China's factory activity grows at fastest pace in 3 yrs, PMI rises to 51.8

Demand for consumer and intermediate goods was stronger than that for investment goods

China's industrial profits growth slows sharply in May amid patchy recovery

The closely watched gauge of business conditions follows a flurry of largely downbeat economic indicators in May

Chinese firms seek assurances from Malaysia on avoiding US tariffs

The companies have asked Malaysian ministers and senior government officials to lobby against US imposing tariffs on products made or assembled in Malaysia by Chinese groups