China Economic Growth Rate
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Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
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China's 2023 Economic Growth Weakest In 3 Decades
China's economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.
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IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
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China Youth Unemployment Rises To Record 20.8% In May
China on Thursday reported a series of weak economic indicators, with youth unemployment hitting a record high for the second consecutive month as the economy's post-Covid growth spurt fades.
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China's Economic Slow-Down Likely To Drag Down Global Growth: World Bank
An anticipated economic slow-down in China is likely to drag global growth down to its lowest level this century, the World Bank said Monday, proposing measures to prevent a "lost decade" of growth.
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China's Economy Grows 3% In 2022, Weakest Rate Since 1976
China's economy grew 3.0 percent in 2022, official data released Tuesday showed, one of the weakest rates in 40 years owing to the Covid-19 pandemic and a real estate crisis.
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China's Birth Rate At Record Low In 2021, Official Data Shows
The birth rate in China plummeted to a record low last year, official data showed Monday, as analysts warn that faster-than-expected ageing could deepen economic growth concerns.
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Virus May Cut China's Growth Rate By Half, Push 11 Million Into Poverty: World Bank
The coronavirus pandemic's economic fallout could cause China's growth to come to a standstill while driving 11 million more people in East Asia into poverty, the World Bank warned Monday.
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India Is World's Fastest-Growing Economy, Shares Tag With China: IMF
In the gloomy global economic picture painted by the International Monetary Fund (IMF), India retains its rank as the world's fastest-growing major economy, tying with China, with a projected growth rate of 6.1 per cent for the current fiscal year, despite an almost one per cent cut in the forecast.
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Trade Wars Causing Collateral Damage To Global Economic Outlook: Report
Threats to global growth outlook from protectionism have become much more significant in recent months which raise the possibility of disruptions to trade and investments, according to Fitch Ratings Inc.
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GoPro CEO Still Sees Growth in China, Despite Economic Slowdown
Sales from the Asia Pacific region are a boon for GoPro, with growth rates in Thailand, South Korea, and Japan running several times faster than in China.
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'Make America Great Again' Not So Great For India, Other Nations: Report
With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump's trade war threatens China, the U.S. is set to be the only Group of Seven nation to see economic growth accelerate this year as Trump's tax cuts kick in.
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India Could Top China's Growth Rate For October-December Quarter
India might have regained the status of the world's fastest-growing major economy in the October-December quarter, driven by higher government spending and a pick-up in manufacturing and services.
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GDP Data Today, India Could Top China's Growth Rate: 10 Points
GDP or gross domestic product grew at 6.9 per cent in the October-December quarter from a year earlier as the transient effects of GST fade away, according to a Reuters poll of more than 35 economists, taken over the past week. If the GDP growth numbers come in line with the Reuters poll, it will be the best growth rate recorded in a year. It would...
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Economic Growth Slows To Lowest In More Than 2 Years: 10 Points
Economic growth unexpectedly slowed to its lowest in more than two years, dragged down by construction, manufacturing and trade services, and stripping India of its status as the world's fastest growing major economy. GDP or gross domestic product grew at 6.1 per cent for the January-March period, compared with a provisional 7.0 per cent in the pre...
-
Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
-
China's 2023 Economic Growth Weakest In 3 Decades
China's economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.
-
IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
-
China Youth Unemployment Rises To Record 20.8% In May
China on Thursday reported a series of weak economic indicators, with youth unemployment hitting a record high for the second consecutive month as the economy's post-Covid growth spurt fades.
-
China's Economic Slow-Down Likely To Drag Down Global Growth: World Bank
An anticipated economic slow-down in China is likely to drag global growth down to its lowest level this century, the World Bank said Monday, proposing measures to prevent a "lost decade" of growth.
-
China's Economy Grows 3% In 2022, Weakest Rate Since 1976
China's economy grew 3.0 percent in 2022, official data released Tuesday showed, one of the weakest rates in 40 years owing to the Covid-19 pandemic and a real estate crisis.
-
China's Birth Rate At Record Low In 2021, Official Data Shows
The birth rate in China plummeted to a record low last year, official data showed Monday, as analysts warn that faster-than-expected ageing could deepen economic growth concerns.
-
Virus May Cut China's Growth Rate By Half, Push 11 Million Into Poverty: World Bank
The coronavirus pandemic's economic fallout could cause China's growth to come to a standstill while driving 11 million more people in East Asia into poverty, the World Bank warned Monday.
-
India Is World's Fastest-Growing Economy, Shares Tag With China: IMF
In the gloomy global economic picture painted by the International Monetary Fund (IMF), India retains its rank as the world's fastest-growing major economy, tying with China, with a projected growth rate of 6.1 per cent for the current fiscal year, despite an almost one per cent cut in the forecast.
-
Trade Wars Causing Collateral Damage To Global Economic Outlook: Report
Threats to global growth outlook from protectionism have become much more significant in recent months which raise the possibility of disruptions to trade and investments, according to Fitch Ratings Inc.
-
GoPro CEO Still Sees Growth in China, Despite Economic Slowdown
Sales from the Asia Pacific region are a boon for GoPro, with growth rates in Thailand, South Korea, and Japan running several times faster than in China.
-
'Make America Great Again' Not So Great For India, Other Nations: Report
With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump's trade war threatens China, the U.S. is set to be the only Group of Seven nation to see economic growth accelerate this year as Trump's tax cuts kick in.
-
India Could Top China's Growth Rate For October-December Quarter
India might have regained the status of the world's fastest-growing major economy in the October-December quarter, driven by higher government spending and a pick-up in manufacturing and services.
-
GDP Data Today, India Could Top China's Growth Rate: 10 Points
GDP or gross domestic product grew at 6.9 per cent in the October-December quarter from a year earlier as the transient effects of GST fade away, according to a Reuters poll of more than 35 economists, taken over the past week. If the GDP growth numbers come in line with the Reuters poll, it will be the best growth rate recorded in a year. It would...
-
Economic Growth Slows To Lowest In More Than 2 Years: 10 Points
Economic growth unexpectedly slowed to its lowest in more than two years, dragged down by construction, manufacturing and trade services, and stripping India of its status as the world's fastest growing major economy. GDP or gross domestic product grew at 6.1 per cent for the January-March period, compared with a provisional 7.0 per cent in the pre...
