China Economy

S&P Maintains China's Sovereign Rating With Stable Outlook; Flags Virus, US-Related Risks

Business | Edited by Abhik Deb (with inputs from agencies) | Monday June 29, 2020

S&P in its report saidthat China is likely to maintain above-average economic growth relative to other middle-income economies

Coronavirus-Hit Chinese Economy Shrinks 6.8% In First Quarter, Worst Since 1976

World News | Press Trust of India | Saturday April 18, 2020

China's GDP took the worst hit since the disastrous Cultural Revolution in 1976, plummeting by 6.8 per cent in the first quarter of 2020 as the country took unprecedented measures to fight the coronavirus pandemic that brought the world''s second largest economy to a standstill.

"Easier To Shake Mountain Than China": Envoy On Coronavirus Impact

World News | Press Trust of India | Tuesday February 18, 2020

It is easier to shake a mountain than China, the country's Ambassador Sun Weidong said on Tuesday, dispelling concerns over the impact of coronavirus outbreak on the country's economy and its possible ripple effects across the globe.

Chinese Central Bank To Pump $173 Billion To Economy Amid Coronavirus Outbreak

World News | Agence France-Presse | Sunday February 2, 2020

China's central bank said Sunday it would pump 1.2 trillion yuan ($173 billion) into the economy as it ramps up support for a nationwide fight against a deadly virus that is expected to hit growth.

China's Potential Growth Below 6% Over Next 5 Years: Central Bank Adviser

Business | Reuters | Sunday December 8, 2019

The economy could grow between 5 per cent and 6 per cent from 2020 to 2025, Liu Shijin, a policy adviser to the People's Bank of China, said at a conference in Beijing, according to an article he posted on social media.

China's Q3 GDP Growth Slows To 6%, Weakest In 27 Years

World News | Agence France-Presse | Friday October 18, 2019

China's economy expanded at its slowest rate in nearly three decades during the third quarter as it was hit by the long-running US trade war and cooling domestic demand, data showed Friday, with an official warning of "mounting downward pressure".

IMF Warns Increasing US Tariffs Could Cut China's Growth Sharply

World News | Agence France-Presse | Saturday August 10, 2019

China's economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even further it could cut Chinese growth sharply, the IMF warned Friday.

Amid Tariff War, China No Longer US' Top Trading Partner. Slips To Third

World News | Press Trust of India | Saturday August 3, 2019

As a result of their ongoing trade war, China is no longer the top trading partner of the United States and has been replaced by America's neighbours Mexico and Canada, according to a media report.

China Second Quarter GDP Growth Slows To 27-Year Low

Business | Thomson Reuters | Monday July 15, 2019

China has already slashed RRR six times since early 2018 to free up more funds for lending, and analysts polled by Reuters forecast two more cuts by the end of this year

Underwear Or Pickles? Some Alternative Ways To Measure China's Economy

World News | Anna Fifield, The Washington Post | Tuesday April 16, 2019

China will release economic growth figures Wednesday for the first quarter of this year, figures that are always closely watched by the markets and interest-rate-setters around the world.

"Stop Playing Around, Do A Real Deal": Trump After China Growth Slows

World News | ANI | Tuesday January 22, 2019

China Economy: US President Donald Trump asked China to "stop playing around" and do a "Real Deal" in the wake of slowing economic figures amid US-China trade friction.

Xi Jinping Keeps China On High Alert Over "Black Swan" Events: Report

World News | Reuters | Monday January 21, 2019

China must maintain its high alert to "black swan" events while "grey rhino" events must be fended off, the country's President Xi Jinping said on Monday, adding that the economy faces deep and complicated changes, the official Xinhua News Agency reported.

At 6.6%, China's Economy Grew At Slowest Pace In Almost 3 Decades In 2018

World News | Agence France-Presse | Monday January 21, 2019

China Economy: China's economy grew at its slowest pace in almost three decades in 2018, losing more steam in the last quarter as it battles to quell massive debt and a US trade war, official data showed Monday.

China Central Banks Infuses Record $83 Billion Into Economy

Business | Thomson Reuters | Wednesday January 16, 2019

The move also came a day after money supply data showed several of China's key credit gauges continue to languish around record lows.

China Economic Slowdown Biggest Threat To Global Economy

World News | Matt O'Brien, The Washington Post | Thursday January 10, 2019

You shouldn't worry too much about the big U.S. stock market sell-off. You should worry about China's instead.