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China fails to keep promises, European Union body complains

China fails to keep promises, European Union body complains

European companies suffer from "promise fatigue" over China's failure to follow through on pledges to open its market, the EU Chamber of Commerce in China said today.

India Vs China: A comparison of economic growth

India Vs China: A comparison of economic growth

Here is a comparison between Indian and Chinese economy

IMF could be based in Beijing in a decade, says chief

IMF could be based in Beijing in a decade, says chief

The International Monetary Fund (IMF) could be based in Beijing in ten years if the Chinese economy continues its growth momentum, IMF Managing Director Christine Lagarde has said.

Build economy first, then aircraft carriers: Chinese daily to India

Build economy first, then aircraft carriers: Chinese daily to India

India should focus more on its economy rather than building its aircraft carriers to check China`s increasing presence in the Indian Ocean, an influential daily said on Monday.

IMF worried over credit boom in China which can be 'dangerous'

The IMF has raised concerns over China's credit boom which has more than doubled in less than a decade, saying this can be "dangerous" for the world's second largest economy.

Surging homeowner loans in China raise alarms over debt

Surging homeowner loans in China raise alarms over debt

Chinese household debt has risen at an "alarming" pace as property values have soared, analysts say, raising the risk that a real estate downturn could send shockwaves through the world`s second largest economy.

China's contribution to world economy to be 30% in next 5 years

China's contribution to world economy to be 30% in next 5 years

The transition of China's economy would become an important driver of global economic growth, the Global Times quoted Chi Fulin, director of the China Institute for Reform and Development, as saying.

Chinese economy facing major challenges, warns top planner

Chinese economy facing major challenges, warns top planner

China's economy, currently on a slowdown mode, is facing challenges in investment and trade and may have to make "arduous efforts" to attain 6.5 percent to seven percent growth target for this year, China's top economic planner warned today ahead of the G20 summit.

IMF views positive outlook for Chinese economy

China`s near-term growth outlook has improved due to recent policy support but the country needs to rein in fast credit growth to ensure economic transition on a sustainable footing, the International Monetary Fund (IMF) has said.

China`s second-quarter GDP growth steady at 6.7%

China`s second-quarter GDP growth steady at 6.7%

China`s second-quarter GDP growth remained steady at 6.7 percent, the government said Friday, slightly ahead of forecasts and suggesting stability in the world`s second-largest economy.

China's finance minister sees Brexit heightening uncertainty for markets

China's finance minister and leading economists on Sunday voiced concerns about Britain`s vote to leave the European Union, with the policymaker saying it has heightened market uncertainty, though some expect a limited impact on the Chinese economy.

China must take immediate steps to check corporate debt: IMF

China must take immediate steps to check corporate debt: IMF

China's corporate debt is a serious and growing problem and the world's second largest economy must take immediate steps to tackle this to avoid new "debt bubble", a top IMF official said on Saturday.

World leaders worried over Chinese economic situation

Finance ministers and governors from central banks of top countries have showed a rare anxiety on the implication of slowdown of the Chinese economy

China economy slows down to 6.7% amid signs of stabilisation

China economy slows down to 6.7% amid signs of stabilisation

China today said its economy continued to slow down in the first quarter this year, declining to 6.7 percent but in line with government targets amid claims by officials that several key indicators showed signs of stabilisation in the world's second largest economy.

China exports rise for first time in nine months

China exports rise for first time in nine months

Chinese exports surged in March, the first gain in nine months and the latest positive data out of the world`s number two economy, but analysts warned Wednesday`s headline figure masked ongoing weakness in overseas demand.

China Q1 GDP growth seen at 6.7%, slowest since 2009

China Q1 GDP growth seen at 6.7%, slowest since 2009

Economists say that China grew at its slowest pace since the financial crisis in the first quarter, highlighting continued downward pressure on the world`s second largest economy despite some tentative recent signs of stabilization.

World Bank projects China's economy to grow 6.7 percent

World Bank projects China's economy to grow 6.7 percent

The World Bank expects the Chinese economy to grow 6.7 percent in 2016, the bank said in a report on Monday

World Bank projects China's economy to grow 6.7%

World Bank projects China's economy to grow 6.7%

The World Bank expects the Chinese economy to grow 6.7 percent in 2016, the bank said in a report on Monday

China overcapacity darkens Asia's 2016 growth prospects: ADB

China overcapacity darkens Asia's 2016 growth prospects: ADB

Huge industrial overcapacity in China will drag on both the country`s and the region`s growth this year, the Asian Development Bank said Wednesday, cutting its forecast for the world`s second-largest economy.

 

ADB cuts Asia growth forecast to 5.7% for 2016

For China, ADB has projected growth to decline from 6.9 percent in 2015 to 6.5 percent in 2016.