Latest China Economic News: Caixin PMI, trade war, China GDP Page 29

Jan 04, 2020 20:06 PM

Cash Subsidies for Homebuyers: New Year’s Gift From a Local Government
By Lin Jinbing and Niu Mujiangqu
Fushun county in Sichuan province to provide subsidies for new-home buyers to stimulate local property market
Jan 03, 2020 20:13 PM

Local Governments Miss 2019 Revenue Targets
By Cheng Siwei and Timmy Shen
Steep tax cuts coupled with economic slowdown have led two local governments to record their lowest revenue growth since the 1994 tax overhaul
Jan 03, 2020 17:21 PM

Major City Land Sales Break Record as Local Governments Fill Budget Gaps
By Wang Jing and Guo Yingzhe
Sales revenue in 50 major cities last year grew to a record $601.6 billion, data show
Jan 02, 2020 20:02 PM

Manufacturing Activity Slips From Almost Three-Year High: Caixin PMI
By Tang Ziyi
Gauge dips to three-month low as growth in output, new orders softens
Jan 02, 2020 20:01 PM

Chinese Internet Companies’ Revenue Topped 1 Trillion Yuan in 2019
By Isabelle Li
China’s more developed eastern regions dominate the industry, accounting for over 90% of income
Dec 30, 2019 20:05 PM

Beijing’s Winter Olympics High-Speed Rail Line Completed
By Bai Yujie and Lu Yutong
New line will allow attendees to the games to travel the 174 kilometers from capital to Zhangjiakou in 47 minutes
Dec 26, 2019 20:29 PM

Tax Cuts Boosted Growth, but Put Pressure on Government Revenue, Finance Minister Says
By Guo Yingzhe and Cheng Siwei
Despite saving businesses over 450 billion yuan, major manufacturers’ profits fell 4.9% year-on-year in the first 10 months
Dec 26, 2019 19:40 PM

China Transfers $157 Billion in SOE Equity to Social Security Fund
By Tang Ziyi
Government’s plan to prevent pension shortfall as country ages continues
Dec 26, 2019 16:17 PM

China to Remove Residency Restrictions in Some Smaller Cities
By Niu Mujiangqu and Han Wei
Central government issues policy that will scrap all controls on household registration in cities with an urban population under 3 million
Dec 24, 2019 03:38 AM

China Vows More Support for Private Sector to Stabilize Growth

With private enterprise creating 90% of new jobs, Beijing issues first unified policy opening up key industries and expanding access to financing
Dec 24, 2019 03:32 AM

IMF Chief Challenges China, U.S. to Turn ‘Trade Truce’ Into ‘Trade Peace’
By Hu Shuli, Zhang Qi, Zeng Jia, Li Zengxin and Denise Jia
In Caixin interview, Kristalina Georgieva cites health of world economy and discusses digital currencies, policy impacts on people and need to ‘end poverty’
Dec 20, 2019 19:23 PM

Soaring Vacancies to Create Renter’s Market for Shanghai Office Tenants
By Jia Tianqiong and Yang Ge
Colliers International forecasts 2020 office vacancy rate will climb to 25.6% in China’s commercial capital next year
Dec 20, 2019 04:01 AM

Chinese Youth in Hinterlands Offer Business Opportunities

Amid economic slowdown, consumption spending rises among young in lower-tier cities, McKinsey survey finds
Dec 19, 2019 20:58 PM

459 Real Estate Bankruptcy Filings Raise Concerns of Homebuyers Losing Out
By Lin Wenhui, Wang Jing and Guo Yingzhe
More property developers had filed for bankruptcy this year than the total in 2018
Dec 19, 2019 20:40 PM

Hong Kong Exporters See More Gloom in 2020, Survey Shows
By Guo Yingzhe and Wen Simin
Protectionism, sluggish global growth fuel pessimism as export index sinks to record low
Dec 17, 2019 20:07 PM

Grim Future Seen for China’s Small Pig Breeders After Swine Fever
By Sun Liangzi and Lu Yutong
Industry executive predicts smaller producers won’t be able to afford costly production upgrades
Dec 17, 2019 11:28 AM

Exclusive: IMF Chief Boosts China 2020 GDP Forecast Following U.S.-China Trade Deal
By Zhang Qi and Denise Jia
New managing director tells Caixin she expects China to grow 6%, versus previous 5.8%
Dec 16, 2019 21:06 PM

Update: Growth Rebounds in China’s Consumption, Industrial Production
By Tang Ziyi
Retail sales rose at faster pace in November thanks in part to ‘Double 11’ shopping festival
Dec 16, 2019 07:57 AM

In Depth: Whither the Chinese Economy in 2020?
By Yu Hairong, Wu Hongyuran, Huo Kan, Cheng Siwei and Han Wei
After struggles with slowing growth in 2019, economists and policymakers debate finding just the right balance for fiscal and monetary measures
Dec 14, 2019 00:41 AM

Update: Phase One Trade Deal Rolls Back Tariffs, Expands Imports to China
By Zhang Qi, Han Wei and Denise Jia
In first official comments, Chinese officials say accord meets the country’s needs for growth as U.S. cites gains on intellectual property, technology transfer