CHINA TOPIX

11/02/2024 04:24:52 pm

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National Bureau of Statistics

The fourth quarter spurt in the growth rate is the first instance in two years that China has experienced an uptick in growth.

Chinese Economy Grew by 6.8 Percent in the Fourth Quarter of 2016

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.

The rate of growth during the year was the fastest since 2011, raising the fears of a bubble.

China Home Prices Surge But Show Signs of Stabilizing

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.

At least 62 of the 70 cities surveyed by the government showed property price hike, according to a report released by National Bureau of Statistics.

China Property Curbs Halt Rampant Housing Price Rise

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.

The rise was higher than expected and was caused by imploding food prices.

China Consumer Inflation for October Increases More Than Expected

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.

Steel and refining sector offered a fillip to Chinese economy.

China’s Industrial Profit Rises in September, Refining and Steel Sector Lead Growth

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’s real estate sector is booming.

China Banking Regulator to Tighten Property Loan Norms

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 Crude Oil

China's Oil Producers Continue Major Output Cuts

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 home prices

China’s Home Prices Continue to Grow in August

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 reported robust numbers for its industrial output, fixed asset investment and retail sales in the month of August.

China Posts Strong Economic Data for August

China reported robust numbers for its industrial output, fixed asset investment, and retail sales in the month of August.

China reported 10 percent increase in retail sales for the month of May

China Industrial Growth Rate Stays Steady, Investment Rate Declines

China matched expectations for its industrial growth rate in May. However, the country saw the lowest increase for fixed-asset investment since 2000.

Real Estate Developer Prepares 20 Million Cash For Migrant Workers In Luoyang

China's Migrant Workforce Growth Rate Decreases in 2015

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 Factory

Chinese Manufacturers Continue to Struggle amid Low Domestic and Export Demand

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.

Economy

China’s Economy Slows Down in First Quarter

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).

economy

China Reports Weakest Economic Growth in 24 Years

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).

yuan for the money

China to Wait For Q4 Data Before Cutting Rates Again

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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