November 30, 2020 11:39 am
Upbeat data released on Monday suggests the world's second-largest economy is on track to become the first to completely shake off the drag from widespread industry shutdowns, with recent production data showing manufacturing now at pre-pandemic levels.
October 29, 2020 12:47 pm
China’s Communist Party is expected to release two policy blueprints at the end of four days of closed-door meetings in Beijing: Their usual five-year plan and a longer strategy document that stretches until 2035.
October 26, 2020 12:09 pm
If China’s economy -- which is already recovering swiftly from the coronavirus shock -- can stick to the growth trajectory of recent years, it’ll surpass the U.S. within the next decade.
October 13, 2020 2:32 pm
As the global economy restarts, Chinese firms are rushing to grab market share as their rivals grapple with reduced manufacturing capacity.
September 24, 2020 10:41 am
Although China still likes grandiose infrastructure projects, they no longer have the same economic effect. High-speed rail lines and superhighways already link every large city, so new ones connect smaller and smaller communities in China’s mountainous interior — at exorbitant cost.
August 01, 2020 3:22 pm
The company, China’s largest producer of construction equipment, is at the center of Beijing’s strategy to revive the country’s economy in the wake of the coronavirus pandemic by doubling down on a tested strategy: investing in infrastructure projects at home.
June 25, 2020 10:16 am
New export orders to smaller firms are still contracting, albeit at a slower pace, according to the Standard Chartered survey of more than 500 small firms. The index improved to 49.8 from 47.4 in April, with a number under 50 indicating a contraction.
June 15, 2020 12:33 pm
Global leaders are closely watching China to see how long it takes to get back on its feet as they begin to relax their own stringent anti-virus measures and reboot their economies.
April 20, 2020 1:03 pm
The potential measures would included increasing the fiscal deficit, issuing special treasury bills, ramping up local government special bond quotas, spurring spending in key projects and cutting the bank reserve requirement ratio and interest rates, said Yan Pengcheng, an official with the NDRC.
April 16, 2020 4:51 pm
While workers are wary of stepping outside their homes, shoppers are staying away from stores and the streets remain deserted.