National Bureau of Statistics
Chinese Economy Grew by 6.8 Percent in the Fourth Quarter of 2016
Rina S. | | Jan 23, 2017 01:59 PM EST |
China posted an unexpected surge in its growth rate during the fourth quarter of the previous year. Surpassing official estimates of 6.5 percent growth, the country's economy experienced a 6.8 percent growth. However, risks related to debt and asset price inflation persist.
China Home Prices Surge But Show Signs of Stabilizing
Staff Reporter | | Jan 19, 2017 07:42 AM EST |
China real estate showed tremendous growth in 2016 as the prices continued to surge. The rate of growth during the year was the fastest since 2011, raising the fears of a bubble. However, the growth rate stabilized in the month of December.
China Property Curbs Halt Rampant Housing Price Rise
S. Rina | | Nov 20, 2016 06:37 AM EST |
China's soaring housing market showed signs of mild slowdown in the month of October, after the Chinese government imposed a number of restrictions on real estate transactions in the recent past. Seven of the large- and medium-sized cities recorded housing price decrease on month over month basis in October.
China Consumer Inflation for October Increases More Than Expected
S. Rina | | Nov 10, 2016 01:04 PM EST |
China's consumer inflation increased for the second-straight month in October. The rise was higher than expected and was caused by imploding food prices. However, it remained below the official upper limit. The rate of increase was the highest in six months.
China’s Industrial Profit Rises in September, Refining and Steel Sector Lead Growth
S. Rina | | Oct 28, 2016 04:50 AM EDT |
The steel and refining sector offered a fillip to Chinese economy as the country reported year-on-year increase of 8.4 percent in its industrial profit for the first nine months of the year.
China Banking Regulator to Tighten Property Loan Norms
S. Rina | | Oct 23, 2016 11:14 AM EDT |
China's real estate sector is booming. However, to avoid the risk of bubble burst, Chinese banking regulators are seeking to watch the sector more closely.
China's Oil Producers Continue Major Output Cuts
S. Rina | | Oct 20, 2016 04:25 PM EDT |
China reported a 9.8 percent decline in its crude oil output in the month of September, its second -biggest year-over-year decline in oil on record.
China’s Home Prices Continue to Grow in August
Staff Reporter | | Sep 20, 2016 01:57 PM EDT |
China reported yet another aggressive growth rate in its home prices last month. According to the National Bureau of Statistics, the average prices of new homes in China's 70 major cities increased by 9.2 percent in August from the corresponding period last year. On a month-on-month basis, the index showed 1.5 percent growth.
China Posts Strong Economic Data for August
Rina S. | | Sep 14, 2016 03:28 PM EDT |
China reported robust numbers for its industrial output, fixed asset investment, and retail sales in the month of August.
China Industrial Growth Rate Stays Steady, Investment Rate Declines
Rina S. | | Jun 13, 2016 06:06 AM EDT |
China matched expectations for its industrial growth rate in May. However, the country saw the lowest increase for fixed-asset investment since 2000.
China's Migrant Workforce Growth Rate Decreases in 2015
Alexis Villarias | | May 02, 2016 06:41 PM EDT |
China's National Bureau of Statistics released a report on Thursday, April 28 showing that the rate of the growth of migrant workers dropped by 0.6 percent in 2015. There was also a decrease in the rate of young workers under 40 years old, dropping 1.3 percent and ending with a 55.2 percent growth.
Chinese Manufacturers Continue to Struggle amid Low Domestic and Export Demand
Benjie Batanes | | Jun 01, 2015 02:22 PM EDT |
Chinese Manufacturers did slightly better in May but demand from domestic and foreign market continues to remain low despite government attempts of financial stimulus according to Yahoo News.
China’s Economy Slows Down in First Quarter
Michael A. Katz | | Apr 15, 2015 09:47 PM EDT |
China's economy slowed to 7 percent growth in the first quarter of 2015, from 7.3 percent in the fourth quarter, according to the country's National Bureau of Statistics (NBS).
China Reports Weakest Economic Growth in 24 Years
Michael A. Katz | | Jan 20, 2015 10:25 AM EST |
China's economic growth in 2014 slowed down to the its weakest expansion in 24 years, according to the country's National Bureau of Statistics (NBS).
China to Wait For Q4 Data Before Cutting Rates Again
Michael A. Katz | | Nov 25, 2014 10:13 AM EST |
The People's Bank of China, which unexpectedly cut rates last week, says it will wait until economic data for the fourth quarter is released before deciding on whether to cut rates further.
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