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Thursday, December 03, 2020

China economy


China's factory activity expands at fastest pace in over 3 years

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.

China to reveal how it plans to grow economy into the 2030s

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.

China’s new growth plan may push economy past US within decade

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.

China's imports, exports surge as global economy reopens

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.

As China ages, a push to add elevators offers a new kind of economic relief

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.

China tries to build a road to economic recovery

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.

China’s economy continues slow recovery, early data show

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.

China's factory output perks up but consumers stay cautious

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.

Plenty of policy room in China to cushion coronavirus impact, says state planner

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.

China, Europe show restarting virus-hit economies not easy

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.