Chinese Economy

The statistic which is dominating headlines regarding China is that the country recorded a year-on-year drop of 0.4% for CPI in July, and in doing so became the first G20 nation to enter a period of deflation since Japan in February 2021. Simultaneously, the Producer Price Index (PPI) “declined for…

Friday 11 August 2023 9:20 am London’s FTSE 100 closed significantly lower on Friday, despite a better than expected GDP reading, as a stronger pound and concerns over the Chinese economy dampened sentiment. The FTSE 100 index closed 1.26 per cent lower at 7,522.86 while the mid-cap FTSE 250 index…

* The Chinese economy recorded a general upward trajectory in the first half of this year. * With its super-sized market and great domestic demand potential, China possesses strong economic resilience and abundant room for maneuvering. * Since the beginning of this year, multiple visits to China by executives of…

Excess gas inventories in Europe and the U.S. keep natural gas prices down. Europe’s purchases of U.S. LNG have dwindled, with June’s volumes clocking in at 4.15 million metric tons, down from 5.63 million tons in May. Asia and China picking up the slack left by Europe and are expected…

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…