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Chinese economy

15 Jul 2022

China's economic growth falls to 0.4% amid virus shutdowns

The world's second-largest economy shrank by 2.6%, compared with the January-March period's already weak quarter-on-quarter rate of 1.4%, official data showed Friday. Compared with a year earlier, which can hide recent fluctuations, growth slid to a weak 0.4% from the earlier quarter's 4.8%.

COVID-19 infections

13 Jul 2022

China reports 338 new COVID cases for July 12 vs 424 a day

China reported 338 new COVID-19 infections on July 12 Of these, 98 were symptomatic and 240 were asymptomatic As of Tuesday, mainland China had confirmed 226,909 cases with symptoms

28 Dec 2020

Economic aggression of CCP fails miserably, China is suffering worst blackouts

China has also formally threatened Australian wine with higher tariffs and shipments of Australian lobsters have also been experiencing delays.

22 Jan 2019

As China’s economy slows down, Xi Jinping says ‘be ready to deal with risks’

Take all the necessary precautionary steps and be vigilant about any risks that could jeopardise China's stability and reforms, Xi Jinping told officials.

01 Jan 2019

India remains fastest growing economy ahead of China despite up and downs

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth.

12 Nov 2018

China says will further open up its economy, slams rising protectionism

Chinese Premier Li Keqiang did not directly refer to China`s bruising trade war with the United States.

07 Feb 2018

China launches artificial intelligence to prevent its young people from committing suicide

Not having enough youth is already a demographic time bomb for China socially, politically and economically. And, suicides are making the problem worse.

26 Jan 2018

China releases Arctic Policy: Trade, natural resources and food are key areas of focus

The Arctic Policy outlined the rationale that China is likely use to ensure access to the resources of the region.

10 Jan 2018

World Bank praises Narendra Modi government, projects 7.3 percent growth for India in 2018

In comparison with China, which is slowing, the World Bank is expecting India to gradually accelerate.

19 Sep 2017

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.

05 Sep 2017

India Vs China: A comparison of economic growth

Here is a comparison between Indian and Chinese economy

International Monetary Fund

25 Jul 2017

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.

India's economy

24 Apr 2017

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.

20 Apr 2017

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.

World`s second largest economy

27 Nov 2016

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.

30 Oct 2016

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.

31 Aug 2016

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.

13 Aug 2016

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.

15 Jul 2016

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.

26 Jun 2016

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.

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