Tag: China’s economy

May 21, 2023

China is the world’s second-largest economy and a major trading partner for numerous countries around the world, including the US. This is precisely why the country’s recent slowdown has led to growing concern among Western economists, businessmen, and officials. While […]

November 29, 2022

Global shares were mostly higher Tuesday as jitters over protests in China set off by growing public anger over COVID-19 restrictions subsided. Hong Kong’s benchmark surged 5.2% and most other markets in Europe and Asia advanced. U.S. futures edged higher. […]

April 18, 2022

China’s economy expanded more than expected in the first quarter, data from the National Bureau of Statistics revealed on Monday. Gross domestic product grew at a pace of 4.8 percent on a yearly basis in the first quarter. This was […]

November 4, 2021

Copper prices continue to slide lower as fears mount over a prolonged economic slowdown in China. Surging commodity prices and stresses in the property sector have hampered economic activity in China, in turn putting pressure on demand for metals. Factory […]

March 20, 2020

BEIJING — Chinese businesses are getting back to work just as many parts of the world are shutting down, and that could add a second jolt to the world’s second-largest economy. Mainland China has reported zero new domestically transmitted confirmed […]

February 18, 2020

The biggest question for the global economy right now is how quickly China can get back to anything like normal operations while it’s battling the coronavirus outbreak that has killed almost 1,900 people and sickened tens of thousands. Government controls […]

January 17, 2020

China’s gross domestic product grew 6.1% in 2019, the country’s slowest rate of economic growth since 1990. The GDP was in line with the official target range of 6% to 6.5% for 2019, a year where economic growth was marred […]

October 18, 2019

China released a raft of economic data Friday morning, but the headline figure was 6%. That’s the rate of GDP growth in the third quarter as compared to the same period last year, and it’s lower than the 6.1% growth […]

August 29, 2019

China indicated that it wouldn’t immediately retaliate against the latest U.S. tariff increase announced by President Donald Trump last week, emphasizing the need to discuss ways to deescalate the trade war between the world’s two largest economies. “China has ample […]

January 16, 2019

China’s central bank on Wednesday offered financial institutions $83 billion in liquidity as part of a wider economic stimulus. The move sets a record for a single day. On Tuesday, several Chinese government institutions told investors they would be spending […]

July 16, 2018

Confirmation that China’s economy is slowing amid an escalating trade war is a worrying omen for global growth. Data released since Friday has affirmed what’s been expected for some time: That an ongoing campaign to curtail credit is putting the […]

January 6, 2017

China is confident to have reached an economic growth of 6.7% in 2016, within a targeted range set earlier in the year, Vice Finance Minister Zhu Guangyao said on Sunday. China’s economy expanded at a steady 6.7% in the first […]