Latest China Economic News: Caixin PMI, trade war, China GDP

Jan 03, 2023 16:40 PM

Caixin New Economy Index Falls on Declining Labor Inputs
The contribution of high value-added industries such as biotech came in at 29.7 last month, down 0.3 points from November
Jan 03, 2023 09:12 AM

Regional Trade Pact RCEP Takes Effect for Indonesia
With the Southeast Asian country on board, the trade deal has entered into force for 14 of the 15 participating countries
Jan 02, 2023 09:12 AM

Cover Story: China’s Road to Economic Recovery Faces Post-Covid Speed Bumps
Policymakers are now squarely focused on reviving the economy. But some analysts warned against ‘excessive optimism’ about when pre-pandemic growth rates will return
Dec 30, 2022 21:39 PM

Year in Review: China’s Struggle to Contain Covid Hits the Economy Hard
Lockdowns added to the country’s woes, including an ongoing housing slump and fading exports, but Beijing’s year-end pivot to living with the virus raises the prospect of a recovery in 2023
Dec 28, 2022 06:17 AM

Over 20 Chinese Developers Plan Share Sales as Ban Ends
Seven companies including Risesun Real Estate Development publish preliminary offer details
Dec 26, 2022 20:37 PM

China’s Economy Won’t Get Back to Normal Until ‘Wartime’ Covid Controls End, Expert Says
Liu Shouying says urgent shift away from the system used to combat the pandemic is needed, otherwise the economy will continue to struggle
Dec 21, 2022 17:29 PM

World Bank Cuts China Growth Forecasts on Property Slump, Reopening Complications
Real GDP growth is expected to slow to 2.7% this year, before rebounding to 4.3% in 2023
Dec 20, 2022 20:17 PM

Chinese Exporters Lose Some of Their Edge From a Weakening Yuan
Benefits from a depreciating currency have been offset by waning global demand
Dec 20, 2022 18:05 PM

In Depth: What’s in Store for China GDP, Fiscal Policy in 2023
As policymakers prioritize economic recovery, analysts expect more fiscal support through a higher budget deficit and a bigger special bond quota for local governments
Dec 17, 2022 05:10 AM

Key Policy Meeting Highlights Economic Stability and Restoring Confidence
Central Economic Work Conference sets 2023 priorities including better coordination of pandemic controls with economic growth
Dec 17, 2022 04:49 AM

China Plans for Air Travel Surge Over Lunar New Year Holidays
Under CAAC plan, flights should rebound to 88% of pre-pandemic levels by the end of January from just 22% at the end of November
Dec 16, 2022 20:20 PM

In Depth: Why China’s Exports Are in the Doldrums
Demand has fallen off in recent months in the country’s three biggest markets, though the reasons vary by region
Dec 16, 2022 05:00 AM

China’s November Urban Jobless Rate Jumps to 5.7%
Covid outbreaks in major cities drive unemployment to highest levels since May, and end of pandemic controls may further stress job market
Dec 16, 2022 04:30 AM

China Considers More Property Market Support, Vice Premier Says
Liu He makes comment in remarks before a China-EU forum, where he also called for thawing the parties’ frozen investment accord
Dec 05, 2022 21:15 PM

Economists Split Over China’s 2023 Outlook
Growth projections range from 4% to 6%, as the country eases the strict ‘zero-Covid’ policy, which hobbled its economy
Dec 02, 2022 21:35 PM

China’s Latest Local Government Debt Risk — Covid Facilities
Some provinces are spending the proceeds from special-purpose bond sales on temporary quarantine hospitals with dubious revenue prospects as they run out of eligible investment projects
Dec 02, 2022 19:42 PM

Caixin New Economy Index Gets a Lift From Rising Labor Investment
The gauge that tracks the size of China’s burgeoning sectors rose to 30 in November, up 1.5 points
Dec 01, 2022 09:45 AM

China’s Manufacturing Activity Contracts Again, Caixin PMI Shows
November’s reading came in at 49.4 as Covid outbreaks and stringent measures to contain infections weighed on both supply and demand
Dec 01, 2022 04:25 AM

China to Fully Reopen by Mid-2023, Top UBS Economist Predicts
Hu Yifan projects surge in economic growth as authorities exit strict Covid control policies by next year’s third quarter
Nov 30, 2022 17:00 PM

Cover Story: China’s Housing Recovery Will Require Rebooting the Economy (Part 3)
The $2.5 trillion economic pillar threatens to shrink as much as 44%, forcing regulators and developers to adapt to a new normal