Chinese Economy

Today we witness particularly hard times for the entire world because no country -- poor and rich -- has been spared of inflation. The argument by experts is that effects of COVD-19 -- let alone other adverse economic conditions that prevailed before the pandemic broke out -- have spared no…

With China’s economy open again, customers were shopping for flowers for Lunar New Year on Friday in Hong Kong. Photo: TYRONE SIU/REUTERSBy Stella Yifan Xie Jan. 22, 2023 9:00 am ET HONG KONG—Just when signs point to easing inflation worldwide, China’s economic reopening after years of strict pandemic controls is…

Chinese and Hong Kong flags flutter as screens display the Hang Seng Index outside the Exchange Square complex, which houses the Hong Kong Stock Exchange (HKEX), on January 21, 2021 in Hong Kong, China. China News Service | China News Service | Getty Images Hong Kong markets are set to…

SHANGHAI -- Leading Chinese electric vehicle manufacturer BYD Co. has adjusted product pricing, citing the impact of reduced subsidies for new energy vehicles since November 2022. Official guidance prices will rise by between 2,000 yuan ($290) and 6,000 yuan for various models beginning Jan. 1, the company said on its…

SEOUL — South Korea’s exports in December fell from a year earlier for the third consecutive month, data showed on Sunday, with the outlook clouded by a Chinese economy fighting a surge in COVID-19 cases at a time of slowing global growth. South Korea is the first major exporting economy…

Wholesale new-vehicle deliveries dropped 7.9 percent to 2.33 million industrywide in November, ending a five-month recovery, the China Association of Automobile Manufacturers said Friday. The trade group blamed the market contraction on a slowing economy and a flare-up in coronavirus outbreaks across the country. Last month, wholesale deliveries of new…

Published: 9:07pm, 4 Dec, 2022 Updated: 9:07pm, 4 Dec, 2022 Read More

On October 24, China’s National Bureau of Statistics announced that GDP growth in the third quarter of 2022 had increased by 3.9 percent year on year — beating expectations. Other economic figures released by the bureau suggest that total GDP for the first three quarters was about $12 trillion (87…

Over his 10-year tenure, Chinese President Xi Jinping has turned the world's second-largest economy into a tool to project geopolitical power. Why it matters: By making foreign access to the massive Chinese economy contingent upon toeing Chinese Communist Party lines, Xi has pressured companies and governments around the world to…

Population: Total population: 1,443,497,378 (2020 census). Total number of births in 2021: 10.62 million, a decrease of 1.38 million compared with 2020. Energy capacity: Total installed power generation capacity: 2.38 billion kilowatts (kW) (2021). Total renewable energy generation capacity: 1.52 trillion kilowatt-hours (kWh), accounting for 31.8% of total power generation…