China economy
As it reins in wasteful investment, China frets over growth
In the first seven months of this year, local governments have issued only 45.5% of their 3.9 trillion yuan special debt quota
China tests cargo drones with 2-tonne capacity
China has recently started testing cargo drones capable of 2-tonne payload capacity, in the hopes of expanding the country's low-altitude economy. Furthermore, the country has also been testing helicopter taxis on their soon-to-open 100-km route to Shanghai.
China's economy falters, raises pressure for more stimulus
China's economy grew much slower than expected in the second quarter as a protracted property downturn and job insecurity knocked the wind out of a fragile recovery
Cash is leaving China again, pressuring yuan
A sliding yuan and extensive outflows of cash from the mainland into Hong Kong show China's domestic investors are shelving expectations for any immediate recovery in their home markets and fleeing to the closest better-yielding assets.
China's discount wars risk cementing frugal consumer mindset
An aggressive market grab by low-cost Chinese retailers has delivered bumper earnings for some firms but has also intensified a bruising price war, exacerbating deflationary fears in the world's second-largest economy
IMF lifts China growth forecast but warns on industrial policy
The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing's industrial policy risks a "misallocation" of resources and could harm trade
China's fiscal revenue shrank 2.7% in Jan-April amid shaky economic recovery
China's fiscal revenue slipped 2.7 percent in the first four months of 2024 from a year earlier, after a 2.3 percent slide in the January-March period, in a further sign of an uneven economic recovery
China consumer prices rise at faster rate in April
China's inflation rate quickened last month, official data showed Saturday, as the government works to boost spending in the world's second-largest economy
Souring China dreams force Western financial firms to cut costs
As doubts grow about China's economic recovery and its markets lag global peers, many of the financial firms are taking a hit on their earnings and are reining in their ambitions
As it reins in wasteful investment, China frets over growth
In the first seven months of this year, local governments have issued only 45.5% of their 3.9 trillion yuan special debt quota
China tests cargo drones with 2-tonne capacity
China has recently started testing cargo drones capable of 2-tonne payload capacity, in the hopes of expanding the country's low-altitude economy. Furthermore, the country has also been testing helicopter taxis on their soon-to-open 100-km route to Shanghai.
China's economy falters, raises pressure for more stimulus
China's economy grew much slower than expected in the second quarter as a protracted property downturn and job insecurity knocked the wind out of a fragile recovery
Cash is leaving China again, pressuring yuan
A sliding yuan and extensive outflows of cash from the mainland into Hong Kong show China's domestic investors are shelving expectations for any immediate recovery in their home markets and fleeing to the closest better-yielding assets.
China's discount wars risk cementing frugal consumer mindset
An aggressive market grab by low-cost Chinese retailers has delivered bumper earnings for some firms but has also intensified a bruising price war, exacerbating deflationary fears in the world's second-largest economy
IMF lifts China growth forecast but warns on industrial policy
The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing's industrial policy risks a "misallocation" of resources and could harm trade
China's fiscal revenue shrank 2.7% in Jan-April amid shaky economic recovery
China's fiscal revenue slipped 2.7 percent in the first four months of 2024 from a year earlier, after a 2.3 percent slide in the January-March period, in a further sign of an uneven economic recovery
China consumer prices rise at faster rate in April
China's inflation rate quickened last month, official data showed Saturday, as the government works to boost spending in the world's second-largest economy
Souring China dreams force Western financial firms to cut costs
As doubts grow about China's economic recovery and its markets lag global peers, many of the financial firms are taking a hit on their earnings and are reining in their ambitions
IMF chief urges China to boost growth with 'pro-market reforms'
Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus, instead stressing the need to pivot towards "high-quality" growth
