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

Aug 25, 2023 04:02 AM

Shenzhen Existing-Home Prices Fall Back to Earth
Stratospheric values plunge by nearly half from 2020 peak and are now on a par with new-housing prices amid slumping demand and developers’ liquidity crunch
Aug 24, 2023 03:47 AM

China Clarifies How Businesses Should Account for Data Resources
Finance Ministry’s new rules, taking effect Jan. 1, are part of a government push to expand the digital economy, which accounts for 17% of GDP
Aug 21, 2023 06:18 AM

Cover Story: China’s ‘Hidden Debt’ of Local Governments Threatens National Economy
Property slump is undermining borrowers’ ability to repay
Aug 19, 2023 04:26 AM

Guangzhou Mulls Housing Vouchers to Revive Home Market
Families affected by urban renovation projects would get transferable vouchers they could use to buy new housing
Aug 18, 2023 21:00 PM

New Indicator Shows China’s Consumers Are Spending — on Services
As the structure of Chinese household spending changes, the statistics bureau has started a new indicator to measure the growth of services consumption
Aug 18, 2023 04:49 AM

China Extends Loan Support for Ailing Developers
Special $28 billion, low-cost lending program will run until May 2024 to help builders complete housing projects
Aug 17, 2023 20:27 PM

Chart of the Day: China’s ASEAN Exports Stumble as Global Growth Wanes
Shipments to the region have declined for three straight months and imports from the bloc have been falling since March
Aug 16, 2023 04:29 AM

Property Investment Slid Further in July Amid Weakening Market
Real estate shows no sign of rebound as sales fall again, extending the industry’s protracted contraction
Aug 15, 2023 20:22 PM

Charts of the Day: The Missing Data in China’s Rising Unemployment
Factors including whether students seeking jobs before graduation should be counted and the age range corresponding to youth need further research, NBS says
Aug 15, 2023 05:16 AM

Weakening Trade Pushes Down Shipping Rates Between China and ASEAN
Drop in Chinese exports to ASEAN countries shows the region hit by same slowdown that has weakened sales to Western markets; Chinese exports to ASEAN off by 21% in July from year ago
Aug 14, 2023 21:01 PM

China Reveals Plan to Boost Capital Inflows, Attract Foreign Firms
State Council issues 24 guidelines for drawing offshore investment in key sectors as international companies scale back domestic operations
Aug 11, 2023 20:16 PM

Did China’s Youth Jobless Rate Really Hit 46.5%?
Staggeringly high figure goes beyond conventional international definitions of youth unemployment as it includes those who are not in school or looking for work
Aug 08, 2023 05:37 AM

China’s Internet Majors Downsize to Weather Business Headwinds
Survey finds that six of the 10 biggest players slashed payrolls last year, including Tencent, Meituan and Alibaba
Aug 07, 2023 21:02 PM

Caixin China New Economy Index Rises on Growing Labor and Tech Investment
The gauge that tracks the size of high value-added industries such as biotech ticked up to 29.5 in July
Aug 05, 2023 17:51 PM

Chinese Economic Officials at Pains to Tout Efficacy of Recovery Stimulus
Authorities have reiterated their vow to lower mortgage rates and implement new structural monetary tools, in yet another assurance aimed at highlighting their efforts to stimulate growth
Aug 05, 2023 06:30 AM

Zhengzhou Leads Big Cities in Rolling Out Housing Stimulus
Capital of Henan province eases curbs on home resales, lowers down payments and cuts transaction costs and mortgage rates
Aug 04, 2023 03:41 AM

U.S. Business Confidence in China Is Rising, Survey Finds
Most American companies report rebound from effects of pandemic but are cautious about expanding investment, AmCham South China sounding shows
Aug 03, 2023 09:45 AM

China’s Services Sector Maintains Recovery, Caixin PMI Shows
Although the index rebounded in July, the reading was lower than the average of the previous six months and survey respondents were less optimistic about the outlook
Aug 03, 2023 04:49 AM

China Extends Small-Business Tax Relief for Four More Years
Finance Ministry rolls out package of measures intended to shore up China’s faltering economy by easing VAT, income tax rates and other business costs
Aug 02, 2023 03:24 AM

Central Bank Vows Further Mortgage Easing to Support Housing
People’s Bank of China and foreign exchange regulator outline plans to implement precise and differentiated housing credit policies