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BRUCE PANG
Beijing shores up its property sector, signals more spendingChina plans new steps to support the property sector and may increase government borrowing to boost the economy. Local governments will use...13 Oct, 2024, 12.02 AM IST- China's consumer prices fall fastest in 3 years, factory-gate deflation deepensConsumer prices in China fell at the fastest clip in three years in November, while the world's second-largest economy saw factory-gate def...09 Dec, 2023, 10.10 AM IST
- China's deflation pressures ease, more steps likely to spur demandThe consumer price index (CPI) rose 0.1% in August from a year earlier, the National Bureau of Statistics said, slower than the median esti...09 Sep, 2023, 10.32 PM IST
- China to set up new agency to promote private sector growthChina's National Development and Reform Commission (NDRC) has announced the creation of a new department, the private economy development b...04 Sep, 2023, 11.57 PM IST
- China's deflation pressure builds as consumer prices falterChina's producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered on the edge of deflation, ad...10 Jul, 2023, 01.04 PM IST
- China asks big banks to cut deposit rates to boost growthBanks are assessing the request and may adjust rates as early as this week, said the people, adding that the move isn't mandatory. Big lend...07 Jun, 2023, 12.42 AM IST
- China’s services PMI picks up in May on improved demandThe Caixin/S&P Global services purchasing managers' index (PMI) rose to 57.1 in May from 56.4 in April. The 50-point mark separates expansi...06 Jun, 2023, 01.00 AM IST
- China industrial profits tumble 18% in April as demand sputtersChina's industrial firms saw an overall 20.6% drop in profits from January to April compared to the same period last year, according to dat...27 May, 2023, 10.22 AM IST
- China industrial profits tumble 18% in April as demand sputtersProfits fell 20.6% in January-April from a year earlier, compared with a 21.4% decline in the first three months, according to data from th...27 May, 2023, 08.21 AM IST
- China's shrinking imports, slower exports growth heap pressure on economyGovernment officials have repeatedly warned of a "severe" and "complicated" external environment in the wake of mounting recession risks fo...09 May, 2023, 09.43 AM IST
- China's factory, services activity skids on persistent COVID curbsThe official manufacturing purchasing managers' index (PMI) fell to 49.2 from 50.1 in September, the National Bureau of Statistics (NBS) sa...31 Oct, 2022, 10.22 AM IST
- China's trade falters as demand wanes at home and abroadThe disappointing August trade figures rattled global financial markets, which have already been buckling under a surging dollar and the pr...08 Sep, 2022, 11.33 AM IST
- China factory activity falls again as power cuts curb outputThe official manufacturing purchasing managers index rose to 49.4 from 49 in July, according to a statement from the National Bureau of Sta...01 Sep, 2022, 12.41 AM IST
- China stocks post worst week in six, yuan slides, as Shanghai extends lockdownThe CSI300 index ended the day 0.44% higher at 4,013.25 points, after slumping as much as 1.1% earlier, while the Shanghai Composite Index ...22 Apr, 2022, 02.28 PM IST
- China factory inflation eases in February, spotlight on global commoditiesMany Chinese factories closed in the first half of February due to Lunar New Year festivities, putting a temporary leash on demand for raw ...09 Mar, 2022, 11.39 AM IST
- China December factory activity edges up ahead of economic headwindsThe world's second-largest economy has lost steam since the early summer after rebounding from last year's pandemic slump, weighed down by ...31 Dec, 2021, 11.13 AM IST
- Why China’s economy is threatened by a property giant’s debt problemsConsidered as the world’s most debt-saddled property developer, Evergrande has been on life support for months. It has more than $300 billi...10 Sep, 2021, 08.43 PM IST
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