Chinese Economy
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China's economic growth sharply below forecast in last quarter as consumer demand weakens
World | Jul 15, 2024, 12:26 PM ISTThe economists cited weak consumer demand and reduced government spending as possible causes for the development.
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Chinese economic recovery slowed in May despite surge in export to Russia by whopping 114%
World | Jun 07, 2023, 04:44 PM ISTRetail spending is recovering more slowly than expected because jittery consumers worry about the economic outlook and possible job losses.
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'Prepare for worst scenarios': China Xi Jinping directs top officials to modernize national security
World | May 31, 2023, 11:11 PM ISTJinping's critical remarks came amid the fact it has been facing external threats from the West over a series of issues including its closeness with Russia amid the relentless war against Ukraine and the Indo-Pacific issue.
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China's economic growth accelerates but weak amid shutdowns
World | Oct 24, 2022, 10:30 PM ISTFor the first nine months of 2022, growth was 3% over a year earlier, up from 2.5% in the first six months but barely half the ruling party's official 5.5% target.
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Xi himself a risk to Chinese economy: Report highlights Jinping's 'abrupt, extreme' policies
World | Jan 23, 2022, 06:52 AM ISTExperts have pointed out how China's GDP expanded just 4 per cent in the last quarter of the year compared to a year prior, the slowest pace in a year and a half.
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Chinese Govt injects USD 109 billion into financial system as economy faces wrath of trade war
Business | Oct 07, 2018, 03:53 PM ISTIn addition, the liquidity of another 750 billion yuan (USD 110 billion) will be injected into the market for lending, according to the PBOC statement.
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China's GDP decelerates amid transition to consumption-based economy
May 09, 2017, 03:49 PM ISTThe International Monetary Fund (IMF) today said that with a growth forecast of 6.6 per cent for 2017, China’s GDP continues to decelerate as it transitions from an export and investment based economy to one based on domestic consumption.
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‘China risk’: Around 110 Japanese companies went bankrupt in China last year, says report
World | Feb 13, 2017, 02:55 PM ISTIn signs that setting up businesses is no cake walk for aspiring entrepreneurs in China, the world’s second largest economy, a recent report has claimed that about 110 Japanese firms went bankrupt in China last
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3 reasons for concern about the Chinese economy
Jan 08, 2016, 02:28 PM ISTWashington: A scary sell-off in Chinese stocks is magnifying concerns about the health of the world's second-biggest economy.The Shanghai Composite Index on Thursday tumbled 7 percent in 30 minutes before trading was suspended. The damage
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China to update national economy accounting system
World | Nov 19, 2013, 09:35 AM ISTBeijing : China's National Bureau of Statistics (NBS) plans to revise the current system of measuring the national economy in line with latest international standards, an NBS official has revealed.The new system will reckon spending