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

Jan 22, 2024 06:45 AM

Cover Story: How Can China Deal With Deflationary Pressure?
Although China’s economy showed signs of recovery in 2023, prices have not improved in tandem, with key economic indicators signaling a persistent decline
Jan 19, 2024 06:26 AM

China’s Faltering Property Sector to Stabilize in 2-3 Years, Ex-PBOC Official Says
Improving sales of new homes may take six months to be translated into investment, while unsold properties remain a burden for developers, says Sheng Songcheng
Jan 18, 2024 20:11 PM

Davos Attendees Weigh China’s Strengths and Weaknesses at Caixin Luncheon
The country faces economic headwinds as investment and consumption of some durable goods have grown slower, but retains significant advantages in tech innovation and the green transition
Jan 17, 2024 10:00 AM

Update: China’s 2023 GDP Growth Recovers to 5.2%, Beating Target
Although the economy rebounded last year, statistics chief warns of headwinds in 2024
Jan 16, 2024 19:48 PM

China’s Economy Likely Grew Around 5.2% in 2023, Premier Says
Choosing the China market isn’t a risk, but an opportunity, Li Qiang tells the World Economic Forum, saying the long-term trend of growth won’t change despite the ebb and flow
Jan 11, 2024 07:39 AM

China’s Economy Expands at 5.3% in 2023, Caixin Survey Shows
Chinese economy is showing signs of stabilizing after its bumpy ride following the lifting of Covid restrictions and a property slump, say economists
Jan 10, 2024 05:23 AM

UBS Economist Expects Less Property Drag on China’s Economy in 2024
Wang Tao expects the Chinese economy will have a growth rate of 4.5% in 2024 with fiscal support limiting the impact of the property slump
Jan 09, 2024 05:01 AM

Rentals in Biggest Chinese Cities Drop Further as Supply Increases
Cooldown of rental market continues as more young job seekers leave expensive big cities for smaller, cheaper conurbations
Jan 05, 2024 07:38 AM

China Will Increase Government Spending to Bolster Economy
Beijing to strengthen fiscal resources as it goes for growth in an attempt to lift China out of the post-Covid doldrums, says new finance minister
Jan 04, 2024 19:53 PM

In Depth: China’s Cash-Strapped Local Governments Struggle to Revive Land Sales
Many cities have recently scrapped price ceilings on residential land sold at auction to try and boost revenue, but analysts are skeptical the move will have much impact
Jan 04, 2024 09:45 AM

China Services Activity Picks Up, Caixin PMI Shows
The Caixin services PMI ticked up 1.4 points in December to 52.9, marking 12 straight months of expansion
Jan 03, 2024 17:34 PM

Caixin China New Economy Index Dips to Five-Month Low
The reading came in at 29.9 in December, falling for the third consecutive month mainly due to declines in technology and capital inputs
Jan 02, 2024 20:54 PM

Year in Review: China’s Real Estate Sector in Crisis
As home sales continued to drop and developers’ liquidity problems grew, policymakers hit the rescue button with a slew of measures to try and kick-start sales and provide funding for cash-strapped developers
Jan 02, 2024 09:45 AM

China’s Manufacturing Expansion Picks Up on Domestic Demand, Caixin PMI Shows
The gauge ticked up marginally to 50.8 in December, with marked expansion in output and total new orders
Dec 26, 2023 19:34 PM

Year in Review: China’s Economy Struggles to Regain Early Momentum
Growth will likely hit policymakers’ target for 2023, but a bumpy recovery sets the stage for slightly more expansionary fiscal and monetary policies in the year ahead
Dec 25, 2023 06:49 AM

Cover Story: China Renews Affordable Housing Push to Ease Crunch
Government plan to promote construction must battle real estate slump
Dec 22, 2023 05:46 AM

Hong Kong Land Sales Plunge as Developers Remain Cautious
Economic slump is pushing down the price of Hong Kong land sales leaving city government with the threat of a record deficit
Dec 18, 2023 07:25 AM

Cover Story: China May Find Cure for Stagflation by Studying Japan’s Experience
As Japanese economy rises from slump, China’s woes look familiar
Dec 16, 2023 06:27 AM

China’s Housing Market Woe Deepens with Price Drops in More Cities
Latest data shows that new-home prices in 70 major cities fell 0.4% in November from the previous month despite measures to boost sales
Dec 13, 2023 19:40 PM

Economists See China Focusing More on Growth Next Year After Key Meeting
The annual Central Economic Work Conference also signaled that more fiscal support would be on the way