Chinese Economy
China’s Factory Prices in February Surges to 8-Year-High
Girish Shetti | | Mar 09, 2017 08:47 AM EST |
China's producer price index (PPI) in February recorded the steepest increase in nearly eight years while consumer inflation increased moderately, according to the latest data released by the National Bureau of Statistics.
China’s February Import Surges to record a Rare Trade Deficit
Girish Shetti | | Mar 08, 2017 06:37 AM EST |
China's import rose sharply in the month of February to post a rare trade deficit, which is likely to recast worrying clouds over economic recovery of the second largest economy after the Asian giant posted an impressive trade figures in the month of January.
China Slashes Economic Growth Rate to Modest 6.5% for 2017
Girish Shetti | | Mar 05, 2017 07:48 AM EST |
China will cautiously chart the economic path in 2017 as the world's second largest economy slashed its projected economic growth rate for the current year to a new low. The cut in the country's projected economic growth rate was more or less expected after the Chinese economy endured nothing short of an economic tsunami last year.
China’s January inflation jumps 2.5 per cent in January; beats Analysts Expectations
Girish Shetti | | Feb 14, 2017 03:13 AM EST |
China's consumer inflation in January hit the highest level since May 2014 on the back of soaring food prices, official data showed on Tuesday. China's consumer price index increased 2.5 per cent in January from a year earlier.
China’s January Exports Rebound on the back of Improved Global Demand
Girish Shetti | | Feb 10, 2017 10:34 AM EST |
China's export in January finally bucked the declining trend on the back of an improving global demand. The Chinese export was continuously on a downslide during most part of the last year due to lacklustre demand in the global market.
India Hits out at Rating Agencies for Favourably Rating Chinese Economy
Girish Shetti | | Feb 02, 2017 07:13 AM EST |
India is miffed with global rating agencies for its so-called unfair methods that are apparently keeping its ratings below despite its improving economic fundamentals.
China’s Manufacturing PMI Increases for 6th Straight Month in January
Girish Shetti | | Feb 01, 2017 08:33 AM EST |
In yet another sign that the Chinese economy is heading towards recovery, manufacturing activities in China grew for the sixth-straight month in the January.
China Records Worst Annual Export Slump Since 2009
Girish Shetti | | Jan 14, 2017 03:58 AM EST |
China's export market took a huge hit for second year in a row as the country's export figures showed its worst performance since 2009's recession peak period. The persistently weak global demand apparently took toll on Chinese exporters for second year in running.
China’s Forex Reserves Decline Further in December to Hover over $3T
Girish Shetti | | Jan 07, 2017 11:29 AM EST |
China's foreign exchange reserves continued its downslide in December as it declined for straight six months to hit a five year low. However, the Chinese government can take respite in the fact that the decline was less than what most analysts had expected.
China’s Manufacturing Industry Needs Upgrade to Counter India: State Media
Girish Shetti | | Jan 04, 2017 09:01 AM EST |
A Chinese state owned tabloid on Wednesday urged Beijing to upgrade its manufacturing industry in a bid to stop big multinational companies from investing in India.
In December, China’s Caixin Manufacturing PMI Grows at Fastest Rate in Three Years
Girish Shetti | | Jan 03, 2017 06:42 PM EST |
In the latest sign that the Chinese economy is heading towards recovery, a leading independent research on Tuesday claimed that last month the activities in smaller manufacturing units in the country grew at the quickest pace seen over the past three years.
China's Manufacturing Sector Marginally Slows Down in December
Girish Shetti | | Jan 01, 2017 08:46 AM EST |
Activities across Chinese factories and industries decreased marginally in the month of December, but showed growth for fifth consecutive month on year-on-year basis, in latest sign that the world's second largest economy is stabilizing steadily.
Investment in Chinese Economy Steadily Improves, but Retail Sales Falters
Girish Shetti | | Nov 14, 2016 07:21 PM EST |
A new economic data released on Monday showed that investment scenario in Chinese economy is steadily improving. However, doubts persist over economic recovery as other economic data's depicted a more grim picture of Chinese economy.
China’s Economic Recovery Remains Fragile as Export and Import Fall in October
Girish Shetti | | Nov 09, 2016 10:15 AM EST |
With global demand showing no signs of improvement, China's export and import continued its freefall in the month of October. However, the drop was not as steep as in September.
China Removes Pro-Reform Finance Minister Lou Jiwei
Girish Shetti | | Nov 07, 2016 04:58 PM EST |
In a surprise move, China removed its pro-reform finance minister Lou Jiwei on Monday. The surprise decision comes at a critical time when Beijing is desperately trying to overcome a prolonged slowdown in its economy.
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