Chinese Economy

Timme Spakman, economist at ING, suggests that with the maturing Chinese economy, its pace of growth is slowing as firms are switching from labour intensive production to production of higher value added products and services. Key Quotes “Wages are rising a…

Growth in the Chinese economy has been slowing steadily for much of the last decade. From a rate of 12% annual GDP growth in 2010, the figure is now little more than half that. Last year, the Chinese economy grew by 6.6%. A rate like that would be cause for …

A lack of innovation is China's "Achilles heel", President Xi Jinping warned in an article given high prominence by state media on May 16, where he also bemoaned the economy for being big yet without being strong. Xi's comments, carried in the latest issue o…

China's e-commerce giant Alibaba Group reported better-than-expected fourth-quarter sales on Wednesday, suggesting still-solid consumer demand in the world's second-largest economy. But this announcement is overshadowed by a slowing Chinese economy and the gr…

Alibaba Group Holding(NYSE:BABA) shares were moving higher Wednesday following its fourth-quarter report. The Chinese tech giant showed off revenue and earnings per share that topped estimates and maintained its long-held guidance of 500 billion yuan ($72.7 b…

After 30 years of high-speed growth, the Chinese economy is due for correction. In China, real-term GDP grew at an average of 8.4% per year from 2007 to 2017. However, GDP growth is projected to slow to 6.6% in 2018, 6.3% in 2019, 6.0% in 2020, and 5.9% in 20…

You are hearing claims, hints, implications, or outright statements that the full burden of the trade war is falling on American consumers.  (Maybe some of the commentators are too wrapped up in the “Trump’s action have no merits whatsoever” game?)  I strongl…

Beijing hit back at the Trump administrations latest trade tariffs today, saying it would apply duties as high as 25% on more than 5,000 US products, a move expected to hit US exporters of everything from liquified natural gas to peanut oil. Starting in June…

By Makini Brice and Ben Blanchard WASHINGTON/BEIJING (Reuters) - China said on Monday it would impose higher tariffs on a range of U.S. goods, striking back in its trade war with Washington shortly after U.S. President Donald Trump warned it not to retaliate…

BEIJINGChina held back from immediate retaliation for higher U.S. tariffs, unlike in past rounds, taking time to weigh its options amid uncertainty over how the Chinese economy would weather a full-bore trade conflict. A failure to break an impasse in talks …