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

Aug 01, 2023 03:24 AM

China’s Biggest Cities Expected to Ease Housing Policies
To break the national real estate logjam, Shanghai, Beijing, Shenzhen and Guangzhou need to relax purchasing restrictions, research institute argues
Jul 31, 2023 08:20 AM

Cover Story: China’s Property Crisis Contagion Spreads to State-Backed Developers
Recent revelations indicate the crisis, which is stretching into its third year, is now hitting developers whose deep pockets had largely insulated them from the chaos
Jul 28, 2023 06:48 AM

China Broadens Program Bringing Local Debt Out of Hiding
More local authorities can put hidden debt on the public books in a test of converting dodgy financing into formal government bonds
Jul 28, 2023 06:08 AM

China Tells Lenders to Help People Spend More
To shore up the economy, financial institutions should support household outlays for durable goods, education, culture, sports and entertainment, financial regulator says
Jul 27, 2023 05:04 AM

Half of China’s Provinces Fall Behind the National Economy
Of 28 jurisdictions reporting first six-months GDP, 15 miss the national average of 5.5% growth, largely reflecting the real estate slump and slack manufacturing demand
Jul 25, 2023 02:41 AM

Guangzhou’s GDP Grows 4.7% in First Half, Slower Than Beijing, Shanghai
Manufacturing hub hit by a decline in auto and electronics production as pharmaceuticals industry expands
Jul 25, 2023 02:25 AM

China’s Top Economic Planner Unveils New Database for Private Investment Projects
NDRC announces 17 measures to boost the private sector, including one that will create a platform listing selected projects
Jul 24, 2023 20:45 PM

China Politburo Targets Boosting Domestic Demand, Private Sector
The meeting of the Communist Party’s top decision-making body is closely watched for signs of what Beijing may do to shore up growth amid worse-than-expected economic indicators
Jul 22, 2023 03:18 AM

China’s State Council Vows Support for Renovating Urban Villages
The country’s cabinet sees the neighborhoods as an opportunity to boost the economy
Jul 21, 2023 03:35 AM

China’s NDRC Will Soon Release Detailed Policies to Support Private Sector
Top economic planner says it will tackle issues including unfair competition in market access
Jul 20, 2023 04:21 AM

China Vows to Create a ‘Bigger, Better, and Stronger’ Private Sector
Measures aim to create a more level playing field for private businesses and entrepreneurs amid sluggish economic growth
Jul 19, 2023 20:47 PM

Chart of the Day: China’s Consumer Spending Data Show Sluggish Housing Growth
Household expenditure on discretionary services including medical care, leisure, and education surged in the first half of 2023, benefiting from the post-Covid reopening
Jul 19, 2023 20:09 PM

In Depth: China Needs More Than Monetary Stimulus to Bolster Flagging Economy, Analysts Say
Central bank cut several key interest rates last month to reduce borrowing costs, but some analysts suspect it won’t have much of an impact in the short term
Jul 19, 2023 03:53 AM

China Unveils New Plan to Boost Household Consumption Amid Slow Economic Growth
New measures aim to increase spending but are being introduced amid housing market troubles, a key indicator tied to household consumption
Jul 18, 2023 03:03 AM

Chinese Steel Companies Continue Facing Sluggish Demand as New Construction Falls
Industry out over 70% of profits in first five months, with nearly half of all steel companies reporting losses
Jul 18, 2023 00:53 AM

Chinese Pre-Owned Housing Prices Slide Again in June
Data provides clearer picture than new home sales as market subject to fewer factors
Jul 17, 2023 21:09 PM

Update: China’s GDP Grew 6.3% in Second Quarter, Missing Market Expectations
More fiscal and monetary easing measures are expected in the coming months to shore up consumption and important industries such as real estate, say analysts
Jul 17, 2023 20:39 PM

Charts of the Day: China’s Youth Unemployment Hits Another Record High at 21.3%
June’s figure is more than four times the national jobless rate among all urban workers, and it is expected to climb further as millions of graduates are set to enter the workforce
Jul 15, 2023 18:24 PM

China Trade With Latin America Rises 7% in Value in First Half
Countries including Mexico and Brazil stepped up purchases of manufacturing equipment, and Chinese automakers raced to expand operations in the region
Jul 14, 2023 20:59 PM

Charts of the Day: Youth Unemployment Rises as Jobs Dwindle
Looming wave of more than 11 million fresh graduates entering the workforce this summer is set to drive up the jobless rate further