Chinese Economy

* In the first two months, most key indicators saw sound increases, employment remained generally stable, and new economic growth drivers and advantages began accumulating. * The Chinese economy's sound performance in the first two months has laid a good foundation for full-year growth. * With economic recovery continuing at…

This aerial panoramic photo taken on Jan. 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in east China's Shanghai. (Xinhua/Fang Zhe) BEIJING, March 15 (Xinhua) -- Economists of multiple foreign financial institutions said recent encouraging data from warming inflation to vibrant foreign…

China is disappointed with ratings agency Moody's move to change the country's government credit rating outlook, as the Chinese economy has logged a continuous and steady recovery against the backdrop of weakening momentum of global economic recovery, a finance official said Tuesday. Read More

“The problem is serious.” And when it’s the head economist at the International Monetary Fund who says so, eyebrows are indeed raised. The comments made by Pierre-Olivier Gourinchas in early October at an IMF meeting in Morocco underscored the gravity of China’s current economic balancing act. The world’s second-biggest economy…

This panoramic aerial photo taken on Jan. 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in east China's Shanghai. (Xinhua/Fang Zhe) BEIJING, Oct. 26 (Xinhua) -- The Chinese economy will maintain a positive recovery momentum in the fourth quarter of 2023 as…

Updated Sept. 6, 2023 3:44 am ET 0741 GMT – Metals are edging lower as worries around the Chinese economy continue to dominate sentiment. Three-month copper is down 0.4% to $8,436.50 a metric ton while nickel is 0.7% lower at $20,915 a ton. Gold, meanwhile is down 0.1% to $1,950.70…

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. There is no indication Country Garden's problems might spread beyond China, which seals off…

Mumbai: The rupee closed at an all-time low versus the dollar Thursday as the likelihood of a prolonged phase of higher US interest rates and deepening concerns over the Chinese economy prompted global investors to reduce exposure to emerging market currencies. The rupee closed at 83.15 per US dollar on…

Author of the article: The Associated Press Joe Mcdonald Published Aug 17, 2023  •  Last updated Aug 17, 2023  •  6 minute read BEIJING (AP) — 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…

Duisburg is a major inland port, and key destination for freight trains from China - Copyright AFP Ishara S. KODIKARA Asian markets fell Wednesday on concerns about the Chinese economy and after stronger-than-expected US retail sales data increased the likelihood of a further Fed rate hike. The bounce in July…