China economy

China economy News

China will not change prudent monetary policy - Premier Li

China, the world's second largest economy, has been trying to reduce risks of a slowdown, especially with its trade dispute with the United States.

India to remain fastest-growing economy in 2019, 2020: UN report

According to the UN's World Economic Situation and Prospects (WESP) 2019, India's GDP growth is expected to accelerate to 7.6 per cent in 2019-20 from an estimated 7.4 per cent in the current fiscal ending March 2019. The growth rate may come down to 7.4 per cent a year later.

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China’s economy, by the numbers, is worse than it looks

Official numbers released Monday show an economy that is posting new, but manageable, lows. For the last three months of 2018, growth came in at 6.4 per cent compared with a year earlier.

China’s slowdown looms just as the world looks for growth

On Monday, Chinese officials said that, during the last three months of 2018, the economy grew at its slowest pace since the global financial crisis.

China's exports fall by the most in two years, stokes fears of slumping global demand

Data showed China posted its biggest trade surplus with the United States on record in 2018, which could prompt President Donald Trump to turn up the heat on Beijing.

China car sales hit reverse for first time since 1990s, weakness expected to persist

The bleak numbers add to worries for investors, already spooked by signs of a broader drop in demand from the world's No.2 economy, especially after Apple's rare revenue warning.

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China, US want to work together on trade: Foreign Ministry

Trump imposed import tariffs on hundreds of billions of dollars of Chinese goods last year and has threatened more to pressure Beijing to change its practices on issues ranging from industrial subsidies to intellectual property to hacking.

China's third quarter GDP growth slowest in nine years

Yi Gang, governor of the central bank, said the central bank will use various monetary tools, such as relending and medium-term lending facilities, to allow commercial lenders to advance more loans to private companies.

China boosts liquidity, set for more policy easing as trade war with US threatens economy

The world's second-biggest economy has already started to lose momentum this year as a government campaign to reduce a dangerous build-up of debt has lifted borrowing costs, hitting factory output, business investment and the property sector.

China-India trade volume witnesses 15 per cent rise in Quarter 1

"As two large developing countries and major emerging market economies, China and India both have a huge domestic market," Gao said, adding the economies of both countries are highly complementary to each other, creating enormous potential for cooperation.

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