Chinese economy
CHINESE ECONOMY NEWS
China’s stimulus bazooka likely to weigh in on battered Indian markets
November 09, 2024 1:22 am
If the third quarter numbers and leading indicators reflect recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers.
Ram Madhav writes: An unchallenged Xi could spell disaster for China’s economy
February 24, 2024 11:07 am
As the economic woes grow, Xi appears to be turning increasingly to Mao. As people suffer from the economic decline, Xi too is resorting to clumsy rhetoric
China's economy grows 4.9% in Q3, beats expectations but slows from previous quarter
October 18, 2023 10:34 am
On a quarterly basis, China's economy grew by 1.3 per cent in the third quarter, compared to 0.8 per cent growth in the April-to-June quarter.
Evergrande offshore bondholders surprised by debt restructuring regulatory hurdles
October 09, 2023 1:07 pm
China Evergrande Group's offshore bondholder group said on Monday it was surprised by the property developer's recent announcement that its offshore debt restructuring plan failed to meet regulatory requirements.
Evergrande crisis tests Beijing's fallout management as creditor jitters mount
October 05, 2023 4:23 pm
As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening to rescue what was not too long ago considered one of the country's "too big to fail" enterprises.
China's government tries to defuse economic fears after real estate developer's debt struggle
August 17, 2023 12:12 pm
China's government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry's shaky finances and their impact on the struggling Chinese economy.
China swings into deflation as recovery falters
August 09, 2023 10:44 am
China's consumer price index (CPI) for the month dropped 0.3% year-on-year, the National Bureau of Statistics (NBS) said on Wednesday.
China cuts lending benchmarks for first time in 10 months to support economy
June 20, 2023 9:01 am
The latest monetary easing comes as China's post-pandemic recovery shows signs of losing steam after some initial momentum in the first quarter of this year.
IMF raises Asia's economic forecast, China and India to be key drivers
May 02, 2023 11:37 am
The IMF raised Asia's economic forecast as China's recovery underpinned growth, but warned of risks from persistent inflation and global market volatility driven by Western banking-sector woes.
Revival of Chinese economy 'complicated' due to growing global competition: Chinese President Xi Jinping
February 17, 2023 5:55 pm
In an article published in the official media on the subject "State of the Country's Economy", Xi said that more efforts should be made to attract and utilise foreign investment.
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