China economy

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.

Analysis / China's growth reprieve will be short-lived

The People's Bank of China, Ministry of Finance and other departments have at least announced enough stimulus measures to convince economists this year's performance will be on-target

China posts slowest growth in over a year as property woes drag

The economy expanded 4.6 percent year-on-year in the third quarter, down from 4.7 in the previous three months and the slowest since early 2023

November 5, 2024
November 5, 2024

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.

November 4, 2024
November 4, 2024

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

October 31, 2024
October 31, 2024

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.

October 30, 2024
October 30, 2024

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

October 27, 2024
October 27, 2024

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.

October 23, 2024
October 23, 2024

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

October 21, 2024
October 21, 2024

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.

October 20, 2024
October 20, 2024

China's growth reprieve will be short-lived

The People's Bank of China, Ministry of Finance and other departments have at least announced enough stimulus measures to convince economists this year's performance will be on-target

October 19, 2024
October 19, 2024

China posts slowest growth in over a year as property woes drag

The economy expanded 4.6 percent year-on-year in the third quarter, down from 4.7 in the previous three months and the slowest since early 2023

October 17, 2024
October 17, 2024

China to almost double support for unfinished housing projects

Housing minister Ni Hong said Beijing will "increase the credit scale of white-list projects to four trillion" yuan ($562 billion) by the end of the year