China plans record budget deficit of 4% of GDP in 2025, say sources Chinese leaders agreed last week to raise the budget deficit to 4% of gross domestic product (GDP) next year, its... Published 17 Dec, 2024 10:42am
Markets China’s long-term yields hit record lows on easing expectations SHANGHAI: China’s long-term yields hit record lows in early trade on Monday as easing expectations intensified.... Published 16 Dec, 2024 11:37am
Business & Finance China’s consumer prices rises slow to 0.3% on year in October BEIJING: China’s consumer prices rose more slowly in October, while producer price deflation deepened, even as... Published 09 Nov, 2024 11:12am
World IMF chief economist says lack of domestic demand fuels China’s export growth WASHINGTON: China’s industrial policy may be tipping the scales in some specific industries, but it is not the root... Published 22 Oct, 2024 07:19pm
Business & Finance UK economy grows in May, boosting new government LONDON: Britain’s economic output grew better-than-expected in May, official data showed Thursday, handing an early... Published 11 Jul, 2024 12:36pm
Business & Finance China consumer prices rise slightly in June BEIJING: China consumer prices edged up in June, official data showed Wednesday, but fell short of analyst... Published 10 Jul, 2024 11:10am
Business & Finance China’s industrial profits fell 2.3% in 2023 BEIJING: Profits at China’s industrial firms fell 2.3% in 2023, their second straight yearly decline, due to... Published 27 Jan, 2024 10:17am
Opinion The giant ship of China’s economy will continue to cleave the waves Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a... Published 20 Dec, 2023 06:22pm
Business & Finance Moody’s cuts China’s credit outlook to negative Ratings agency Moody’s on Tuesday cut its outlook on China’s government credit ratings to negative from stable,... Published 05 Dec, 2023 01:15pm
Business & Finance China’s Didi Q2 revenue grows as regulatory curbs ease BEIJING: Revenues at China’s Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion... Published 09 Sep, 2023 10:29am
Business & Finance China seeking private investment in major projects BEIJING: China is seeking private investment in 4,894 major projects with total investment of 5.27 trillion yuan... Updated 09 Sep, 2023 03:12pm
World China’s deflation pressures ease, more steps expected to spur demand BEIJING: China’s consumer prices returned to positive territory in August while factory-gate price declines slowed,... Published 09 Sep, 2023 10:09am
Business & Finance Indonesia Q2 GDP grows 5.17% y/y, above expectation JAKARTA: Indonesia’s economy grew 5.17% on an annual basis in the second quarter, the fastest pace in three quarters... Published 07 Aug, 2023 09:24am
World China’s July economic losses from disasters exceed January-June BEIJING: China’s direct economic losses from natural disasters surged to 41.18 billion yuan ($5.74 billion) in July,... Published 05 Aug, 2023 09:53am
World China relaxes visa, urban residency rules to boost economy BEIJING: China will allow some foreigners to obtain visas on arrival and rural residents to settle more easily in... Published 05 Aug, 2023 06:00am
World China June new home prices flat in weakest showing this year BEIJING: China’s new home prices were unchanged in June, the weakest result this year, data showed on Saturday,... Published 15 Jul, 2023 10:15am
World China, South Korea agree to strengthen talks on chip industry China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains,... Published 27 May, 2023 11:35am
Business & Finance China industrial profits tumble 18% in April as demand sputters BEIJING: Profits at China’s industrial firms slumped in the first four months of 2023, official data showed on... Published 27 May, 2023 10:28am
World G7 to agree tools to counter Chinese economic ‘coercion’ HIROSHIMA: The G7 will agree Saturday on a “common set of tools” to combat economic “coercion” and limit the risk... Published 20 May, 2023 11:38am
Markets Offshore yuan weakens past key 7 per dollar as China’s recovery sputters SHANGHAI/SINGAPORE: The offshore yuan weakened past 7 per dollar on Wednesday for the first time in five months amid... Published 17 May, 2023 12:14pm
Business & Finance China’s property investment, sales drop sharply in April on subdued demand BEIJING: A slide in China’s property investment and sales more than doubled in pace in April, a sharp decline in a... Published 16 May, 2023 09:51am
World China’s slow consumer inflation, deepening factory gate deflation to test policy BEIJING: China’s consumer prices rose at the slowest pace in more than two years in April, while factory gate... Published 11 May, 2023 10:13am
Business & Finance China GDP jumps 4.5% in Q1 after zero-Covid scrapped BEIJING: China’s economy grew 4.5 percent year-on-year in the first quarter, rebounding after the end of zero-Covid... Published 18 Apr, 2023 01:38pm
Markets Asia FX, shares weaken as China GDP data fails to lift markets Asian stocks and currencies were weaker on Tuesday even as China’s economy grew at a faster-than-expected pace in... Published 18 Apr, 2023 12:01pm
World China delays release of key economic data BEIJING: China delayed the release of economic indicators scheduled for publication this week, including its... Published 18 Oct, 2022 06:02am
Business & Finance Why is the world worried about China’s property crisis? BEIJING: China’s troubled property sector suffered another blow this month when frustrated homebuyers stopped making... Published 24 Jul, 2022 11:29am
Opinion Economy, ecology: giant step forward (—Sixth part of the “China in the past decade” series) The past decade since the 18th National Congress of ... Published 23 Jul, 2022 04:10am
World China economy recovering but foundation not solid, premier says BEIJING: China’s economy is recovering but the foundation of that recovery is not solid and more efforts are still... Published 07 Jul, 2022 05:42pm
Opinion Apply the new development philosophy for high-quality development (— First part of the “China in the past decade” series) The past decade since the 18th National Congress of ... Published 17 Jun, 2022 06:37am
World China to take targeted, forceful steps to support economy, cabinet says BEIJING: China will adopt a package of targeted, forceful and effective measures to support the economy, state... Published 23 May, 2022 05:30pm