China economy

China's 'Singles Day' shopping spree in spotlight as spending flags

"Singles Day" -- launched by tech giant Alibaba in 2009 -- has ballooned into an annual blockbuster period for retail, with days of discounts luring customers to the country's online shopping platforms.

China consumer prices rise at slower rate in October

The consumer price index (CPI), a key measure of inflation, rose 0.3 percent year-on-year in October, down from 0.4 percent in September, the National Bureau of Statistics (NBS) said.

China's premier 'fully confident' of hitting growth targets

Beijing has set a growth target of around five percent for 2024, but in the third quarter the country saw its slowest expansion in a year and a half as its post-pandemic recovery remained stubbornly uneven.

China to hash out stimulus plan with US elections in its sights

Beijing has in recent months heeded calls to step up support for the economy after years of inaction, announcing a raft of measures including rate cuts and the easing of some home buying restrictions

China factory output expands for first time in six months

In October, China's Purchasing Managers' Index (PMI) -- a key measure of industrial output -- was 50.1, the National Bureau of Statistics (NBS) announced, up from 49.8 in September.

Beijing files WTO complaint over EU's new taxes on Chinese EVs

The extra taxes of up to 35 percent were announced Tuesday after an EU probe found Chinese state subsidies were undercutting European automakers

China's second-generation factory owners go digital to combat challenges

Qiu has set up a marketing business that directly connects factories with foreign audiences, through videos posted on Instagram and TikTok, which in China can only be accessed using a VPN.

IMF lowers China 2024 growth forecast, warns property woes 'could worsen'

China's leaders are targeting annual growth of five percent this year -- a goal challenged by weak consumption and a prolonged and debilitating debt crisis in the colossal property sector

China's central bank cuts two key rates to boost economy

The cuts come just days after the country posted its slowest quarterly growth in a year and a half, underlining the deep economic woes the country faces.

February 5, 2024
February 5, 2024

China's tumbling prices push some exporters to the brink

Chinese industries are battling falling product prices and crushing profit margins, along with compounding economic woes for survival

January 29, 2024
January 29, 2024

HK court orders China Evergrande to liquidate with debts of $300 billion

A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group 

January 17, 2024
January 17, 2024

China says economy grew 5.2% in 2023

Official Chinese figures highlighted its economy performed one of it's worst in more than three decades

December 31, 2023
December 31, 2023

China factory activity decline deepens in December

China's factory activity declined in December as Beijing rounded off a year marked by stuttering economic recovery

November 28, 2023
November 28, 2023

Chinese firms set for best earnings growth in seven years in 2024

A Reuters analysis of 1,721 Chinese companies with a market value of at least $500 million shows their profits may rise 16 percent next year

August 23, 2023
August 23, 2023

The debt supercycle comes to China

Could the debt woes of Country Garden, the behemoth Chinese real-estate developer now facing billions of dollars in losses, augur the cycle’s next turn?

October 12, 2022
October 12, 2022

When currency, not arms, is the weapon of choice

The use of money for good and bad has a long history.

September 8, 2022
September 8, 2022

Is civilisation in decline, clashing or rejuvenating?

Rising uncertainties are making global compromise and cooperation more unlikely

August 20, 2022
August 20, 2022

Three globalisation shocks could hurt China and help India

The global shocks have proven to be particularly damaging for China because they have come on top of an ongoing, secular loss of competitiveness.

March 5, 2016
March 5, 2016

China sets new economic growth target

China's National People's Congress has set the country's growth target for 2016 in a range of 6.5 percent -7 percent.