Page 3 of China Economy

India blocks $1 billion bid by China’s BYD to set up EV factory

The Indian government dismissed the plan from BYD and Hyderabad-based Megha Engineering and Infrastructures Ltd. on national security concerns, the…

July 24, 2023 14:01 IST

China, China news, China latest news, China jobs, China economy

Is the world’s economic engine tottering? Now-removed paper puts China’s jobless rate worrying 46.5%

The National Bureau of Statistics mentioned the month’s unemployment rate as 19.7 per cent, which includes people of the ages…

Updated: July 20, 2023 15:36 IST

China’s fiscal revenue growth slows, signals broadening economic pressure

The world’s second-biggest economy grew at a frail pace in the second quarter as demand weakened at home and abroad,…

Updated: July 19, 2023 12:20 IST

China’s Q2 GDP growth slows to 0.8% q/q, just above expectations

Gross domestic product grew just 0.8% in April-June from the previous quarter, data released by the National Bureau of Statistics…

Updated: July 17, 2023 08:12 IST

China economy, economic growth, China’s stock markets, Morgan Stanley, Goldman Sachs, exports, global oil prices, inflation, IMF, growth rate, deflation pressure, tourism, rate cuts, weak currency, foreign investors

China’s economy is struggling to gain traction

Monthly data for industrial production, retail sales and fixed investment — all scheduled for Monday — are expected to show…

July 17, 2023 07:16 IST

China’s exports fall most in three years as global economy struggles

Imports also fell more than expected, down 6.8%, customs data showed on Thursday.

Updated: July 13, 2023 12:21 IST

China slides to brink of deflation, adding stimulus urgency

Core inflation, which excludes volatile food and energy costs, slowed to 0.4% from 0.6%. Producer prices fell 5.4% from a…

July 10, 2023 11:47 IST

China’s factory gate prices fall at fastest pace in 7 years

Momentum in China’s post-pandemic economic recovery has slowed from a brisk pickup seen in the first quarter amid faltering manufacturing…

Updated: July 10, 2023 09:26 IST

India takes a strong stance against China’s BRI during SCO summit

India said no to China’s Belt and Road Initiative at the SCO summit. India continued its policies towards BRI which…

July 5, 2023 19:09 IST

Asia’s factory output slumps as weak China demand weighs

While manufacturing activity expanded marginally in China, it contracted in powerhouses Japan and South Korea as Asia’s fragile economic recovery…

July 3, 2023 10:24 IST

China’s June factory activity falls for third straight month: PMI

The official purchasing managers’ index (PMI) was at 49.0 from 48.8 in May, according to data from the National Bureau…

Updated: June 30, 2023 09:08 IST

China’s growth to be higher in Q2, projected to hit annual 5% target: Premier Li Qiang

Several major banks have cut their 2023 gross domestic product (GDP) growth forecasts after May industrial output and retail sales…

Updated: June 27, 2023 12:36 IST

China economic gloom worsens with weak consumer spending data

The rebound in consumption after China shed its Covid controls has propelled growth so far this year, but confidence is…

June 26, 2023 10:41 IST

Goldman cuts China GDP forecast, citing limited options to boost stimulus

Goldman Sachs Group Inc. — which has cut its forecast for China’s growth this year to 5.4% from 6% —…

June 19, 2023 13:52 IST

Chinese banks, lending rates, housing market, policy loans, monetary easing, economic recovery, GDP, mortgage rates, investment banks, liquidity

China’s economy slows in May, more stimulus expected

The economic rebound seen earlier this year has lost momentum in the second quarter, prompting China’s central bank to cut…

Updated: June 15, 2023 15:49 IST

logistics, small fleet owners, trucking industry, Niti Aayog report, domestic freight, e-commerce, operational cost, capacity deployment, profitability

China trade tumbles in May, adding to signs economic recovery is slowing

Exports slid to USD 283.5 billion, reversing from April’s unexpectedly strong 8.5per cent growth, customs data showed Wednesday.

Updated: June 7, 2023 14:01 IST

Inox Wind, Type Certification, TUV SUD, wind turbine, booster capacity, technology partner, power technology, investors, manufacturing plants

China’s economic powerhouse plans more offshore wind power than world builds in a year

Guangdong’s planning agency has tendered for 7 gigawatts of projects in provincial waters and 16 gigawatts in national waters, industry…

Updated: June 1, 2023 12:35 IST

The self-containment of China

A rising China had begun shaping the twenty-first century, much as the U.S. shaped the twentieth century. As Xi Jinping…

Updated: May 23, 2023 13:05 IST

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Who is ‘Ms Rachel’? Pro-Palestinian YouTuber added to Zohran Mamdani’s inaugural committee

World News39 min ago

Rachel Griffin Accurso, known as ‘Ms Rachel’ on YouTube, has joined New York Mayor-elect Zohran Mamdani’s inaugural committee. Despite plans for a celebratory party, her inclusion has sparked controversy due to her support for Palestine and accusations of anti-Israel views against Mamdani.

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