Chinese Economy

Multiple global investors in China have voiced confidence in the Chinese economy, believing that China's economic performance in the first half of this year reflects a positive trend. Produced by Xinhua Global Service Read More

China's economic performance in the first half (H1) of 2023 showed signs of recovery in the face of various challenges, guest speakers told the China Economic Roundtable hosted by Xinhua News Agency. China's gross domestic product (GDP) grew 5.5 percent year on year in the first half of 2023, data…

NEW YORK -- Stocks of several financial titans are leading Wall Street higher Tuesday following some mixed reports on the economy. The S&P 500 was 0.5% higher in afternoon trading, with the majority of the stocks in the index on the upswing. The Dow Jones Industrial Average was up 346…

July 18, 2023July 18, 2023 A view of a shopping street in north China’s city of Tianjin, June 22, 2023. /CFP China’s gross domestic product grew by 5.5 percent year on year in the first half of 2023, indicating a “good momentum of recovery” in the national economy, according to…

Photo shows a scene at the China Economic Roundtable in Beijing, capital of China. China Economic Roundtable is an all-media talk platform launched by Xinhua News Agency, with the first episode featuring the Chinese economy. (Xinhua/Jin Liangkuai) BEIJING, July 17 (Xinhua) -- China's economic performance in the first half (H1)…

Highlights It was a testy morning for the Asian markets, with economic indicators from China drawing early interest. The Chinese economy expanded by 0.8% in Q2 versus the forecasted growth of 0.5%. Other economic indicators were also upbeat. Later today, economic indicators from the US should have a limited impact…

According to the latest data published by the National Bureau of Statistics (NBS) on Monday, the Chinese economy grew 6.3% annually in the second quarter of this year, compared with a 4.5% growth seen in the first quarter while missing the 7.3% increase expected. On a quarterly basis, China’s Gross…

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Updated: Jul 3, 2023, 14:20 UTC•2min read In June, the China Caixin Manufacturing PMI avoided sub-50. However, weak overseas demand continued to spell trouble for the Chinese economy. Highlights It was a busy start to the week on the Asian economic calendar. Manufacturing PMIs from China garnered interest, with the…

NZD/USD has refreshed its two-week low at 0.6113 amid a bleak outlook for China. Investors have turned risk-averse ahead of the speech from Fed Jerome Powell. NZD/USD is consistently forming lower highs, which indicates that investors are capitalizing on each pullback as a selling opportunity. The NZD/USD pair has printed…