Falling pork prices drags China back into deflation as recovery continues to stumble November 9, 2023 China's recovery from the Covid lockdowns faced another blow as the economy slipped back into deflation in October.
China central bank: Don’t worry about growth – we’ll clear five per cent November 8, 2023 China will surpass its 5 per cent growth rate target, the country's central bank chief has said
IMF upgrades China’s GDP growth forecasts despite real estate crisis November 7, 2023 China's economy is set to grow 5.4 per cent this year, having made a "strong" post-Covid recovery, the IMF said on Tuesday.
Shanghai Surprise: Chinese manufacturing slips in worrying sign for world economy October 31, 2023 Lower than expected manufacturing numbers have spooked Asian markets this morning as China provides warning on state of global economy
Why China has opted for more stimulus — and why experts are not convinced it will work October 25, 2023 China is rolling out a fresh stimulus package to support its economy, in a sign that the ruling Communist party is growing anxious at the sluggish performance over recent months.
China’s GDP growth in third quarter shows economic recovery gaining traction October 18, 2023 Rapidly weakening growth in the world's second-biggest economy since the second quarter prompted authorities to step up their support steps.
Chinese developer Country Garden says it cannot meet debt payment deadline October 10, 2023 It had avoided defaults on debt even as rivals such as China's Evergrande, the world’s most heavily indebted property firm.
China: Economists slash growth forecasts as fears grow for global economy September 12, 2023 China’s economy will grow less than previously thought this year and next as a struggling property market dogs what was once the world’s growth engine, according to a Reuters poll of economists who said the risks were skewed to further downgrades. The world’s second-largest economy has been struggling after a brief post-COVID recovery, dragged by [...]
Cleverly will not ‘shy away from tough conversations’ while in Beijing August 30, 2023 James Cleverly has met senior officials in Beijing in a visit aimed at easing tensions with China but which risks deepening divisions in the Tory party. The Foreign Secretary insisted the visit would allow him to have “tough conversations” with the Chinese on issues including repression in Hong Kong, and human rights abuses in Xinjiang [...]
Chinese property giant Evergrande files for bankruptcy in US amid debt overhaul August 18, 2023 Embattled developer China Evergrande Group has filed for bankruptcy protection in a U.S. court as part of one of the world’s biggest debt restructuring exercises, as anxiety grows over China’s worsening property crisis and a weakening economy. Once China’s top-selling developer, Evergrande has become the poster child of the country’s unprecedented debt crisis in the property sector, which accounts for [...]