China Economy Slowing
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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China's Economy Seen Slowing Further In 2024: Report
China's economic growth likely fell fractionally short of the government's 5 percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Trump amid fears of another painful trade standoff.
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Apple Offers iPhone Discounts in China as Competition Intensifies
Apple is offering rare discounts on its latest iPhone models in China. The discounts come as consumers remain cautious with spending amid China's slowing economy and deflationary pressures.
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China Economy Slips Into Deflation As Post-Covid Recovery Falters
China slipped into deflation for the first time in more than two years in July, official data showed Wednesday, as slowing domestic spending weighs on the post-Covid economic recovery.
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Why Young People In China Are Rejecting Marriage
China's slow economy, high unemployment rate and the wave of corporate layoffs have become major decision drivers in the younger generation's lives that they continue postponing major life decisions and contribute to a record-low marriage rate.
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What To Expect From Xi's Next 5 Years As Chinese President
China's slowing economy will likely dominate Xi's next five years but his decision to pack the Communist Party's top leadership with loyalists has stoked concerns.
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China's Smartphone Sales Plunged to Lowest in a Decade in 2022, Vivo Top-Selling Brand: Report
China's smartphone sales tumbled 13 percent in 2022 to their lowest level in a decade as COVID controls and a slowing economy sapped consumer appetite, data from third-party research firms showed.
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China's Smartphone Sales Drop To Lowest In 10 Years
China's smartphone sales endured a record fall in 2022, tumbling 13% to their lowest level in a decade as COVID controls and a slowing economy sapped consumer appetite.
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China Covid Surge Is Walloping Its Economy, Too
China's economy continued to slow in December as the massive Covid-19 outbreak spread across the country, with activity slumping as more people stay home to try and avoid getting sick or to recover.
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Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
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Global Firms Warn Of Sluggish China Demand Due To Lengthy COVID Curbs
Car sales in the world's largest auto market have slowed dramatically, gamers are buying fewer consoles, and people are unwilling to replace their existing smartphones, laptops and TVs, as prolonged COVID curbs crimp spending power and put more people out of jobs.
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Covid Lockdowns Send China's Economy Reeling as Outbreaks Spread
China's economy slowed rapidly in April as the costs of both a worsening Covid outbreak and the nation's stringent approach to eliminating the virus took their toll.
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China's Economic Risks Build as Delta Cases Spread, Prices Gain
China's economic risks are building in the second half of the year, with growth set to slow while inflation pressures are picking up, clouding the outlook for central bank support.
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China To Overtake US As World's Biggest Economy By 2028: Report
China will overtake the United States to become the world's biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said.
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Japan's Long Run Of Falling Exports Slows As Auto Demand Perks Up
Japan's exports extended declines in October but at the slowest pace in almost two years, helped by improvement in Chinese- and U.S.-demand for cars and other items as the world's third-largest economy emerged from its worst postwar slump.
-
IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
China's Economy Seen Slowing Further In 2024: Report
China's economic growth likely fell fractionally short of the government's 5 percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Trump amid fears of another painful trade standoff.
-
Apple Offers iPhone Discounts in China as Competition Intensifies
Apple is offering rare discounts on its latest iPhone models in China. The discounts come as consumers remain cautious with spending amid China's slowing economy and deflationary pressures.
-
China Economy Slips Into Deflation As Post-Covid Recovery Falters
China slipped into deflation for the first time in more than two years in July, official data showed Wednesday, as slowing domestic spending weighs on the post-Covid economic recovery.
-
Why Young People In China Are Rejecting Marriage
China's slow economy, high unemployment rate and the wave of corporate layoffs have become major decision drivers in the younger generation's lives that they continue postponing major life decisions and contribute to a record-low marriage rate.
-
What To Expect From Xi's Next 5 Years As Chinese President
China's slowing economy will likely dominate Xi's next five years but his decision to pack the Communist Party's top leadership with loyalists has stoked concerns.
-
China's Smartphone Sales Plunged to Lowest in a Decade in 2022, Vivo Top-Selling Brand: Report
China's smartphone sales tumbled 13 percent in 2022 to their lowest level in a decade as COVID controls and a slowing economy sapped consumer appetite, data from third-party research firms showed.
-
China's Smartphone Sales Drop To Lowest In 10 Years
China's smartphone sales endured a record fall in 2022, tumbling 13% to their lowest level in a decade as COVID controls and a slowing economy sapped consumer appetite.
-
China Covid Surge Is Walloping Its Economy, Too
China's economy continued to slow in December as the massive Covid-19 outbreak spread across the country, with activity slumping as more people stay home to try and avoid getting sick or to recover.
-
Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
-
Global Firms Warn Of Sluggish China Demand Due To Lengthy COVID Curbs
Car sales in the world's largest auto market have slowed dramatically, gamers are buying fewer consoles, and people are unwilling to replace their existing smartphones, laptops and TVs, as prolonged COVID curbs crimp spending power and put more people out of jobs.
-
Covid Lockdowns Send China's Economy Reeling as Outbreaks Spread
China's economy slowed rapidly in April as the costs of both a worsening Covid outbreak and the nation's stringent approach to eliminating the virus took their toll.
-
China's Economic Risks Build as Delta Cases Spread, Prices Gain
China's economic risks are building in the second half of the year, with growth set to slow while inflation pressures are picking up, clouding the outlook for central bank support.
-
China To Overtake US As World's Biggest Economy By 2028: Report
China will overtake the United States to become the world's biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said.
-
Japan's Long Run Of Falling Exports Slows As Auto Demand Perks Up
Japan's exports extended declines in October but at the slowest pace in almost two years, helped by improvement in Chinese- and U.S.-demand for cars and other items as the world's third-largest economy emerged from its worst postwar slump.
