Chinese Economy

High-quality development, a big highlight of the Chinese economy, is making solid progress. At the "two sessions," Xinhua's Zheng Xin speaks with some national lawmakers and political advisors to find out how China advances high-quality development. #TwoSessions #Vlog #highquality #development #GLOBALink Read More

City A.M CityAM.com is the online presence of City A.M., London's first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M - Jan 29, 2025, 12:00 PM CST China is shifting its economic focus away from real…

BEIJING, Jan 17 (Reuters) – For the full-year 2024, the world’s second-largest economy grew 5.0%, meeting the government’s annual growth target of around 5%. Analysts had forecast 4.9% growth. The economy grew 5.4% in the fourth quarter from a year earlier, significantly beating analysts’ expectations and marking the quickest since the…

Top Chinese government officials attended Hong Kong’s flagship banking summit on November 19 and made it clear: They see a key role for the financial center in connecting mainland companies and the international market. Top executives of global banks, including Goldman Sachs, Morgan Stanley and UBS, as well as private…

Oil drilling rigs Oil prices settled lower on Friday as markets assess the Chinese government stimulus package, which disappointed investors and heightened concerns for lower demand. In the oil market, Brent crude futures for January 2025 delivery fell by 2.35%, or $1.76, to $73.87 a barrel. However, they posted weekly…

*The new edition of the national negative list for foreign investment took effect on Friday, scrapping the two remaining manufacturing-related items on the previous list. *Multinational companies, out of long-term confidence in the Chinese economy, have continued to expand their presence in the country with fresh investments in both production…

* 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…