Tag: Chinese economy

• Monday, June 3rd 2024 - 13:13 UTC

  Chinese economy rebounding coincide Stats Office and IMF; Beijing pumping a US$ 138bn support

  

  The Chinese economy rebounding, seems to be the message both from the country's National Bureau of Statistics, NBS, and even the IMF with a more optimistic outlook. According to NBS industrial profits during April were again in positive territory and so are other important economic indicators, which showed a moderate improvement from March, highlighting a sustained recovery of the world's second-largest economy.

• Saturday, January 18th 2020 - 08:43 UTC

  Wall Street at record highs on housing data and hopes of a global rebound

  

  Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.

• Friday, October 18th 2019 - 10:25 UTC

  China's economy grows at its slowest rate in three decades in the third quarter

  

  China's economy expanded at its slowest rate in nearly three decades in the third quarter, hit by cooling domestic demand and a protracted US trade war, official data showed on Friday. 

• Wednesday, March 6th 2019 - 08:20 UTC

  China's National Congress told the economy faces a “tough struggle ahead”

  

  China's number two leader Li Keqiang has warned the country faces “a tough struggle,” as he laid out plans to prop up the world's second-largest economy. Opening the annual session of China's parliament, he forecast a slower growth of 6% - 6.5% this year, down from a target of around 6.5% in 2018.

• Tuesday, July 17th 2018 - 09:24 UTC

  China's growth declines in second quarter; expanding government debt trims Beijing's credit rating

  

  China's economic growth slowed in the quarter ending in June, adding to challenges for Beijing amid a mounting tariff battle with Washington. The world's second-largest economy expanded by 6.7%, down from the previous quarter's 6.8%, the government reported Monday.

• Wednesday, April 18th 2018 - 08:38 UTC

  Chinese economy expands at an annual rate of 6.8% in the first quarter, says Beijing

  

  China's economy grew at an annual pace of 6.8% in the first quarter compared to the same period last year, according to official data, beating forecasts for the period. The growth figures for January to March were also above Beijing's 2018 annual growth target of “around 6.5%”

• Wednesday, September 2nd 2015 - 07:53 UTC

  World economy heading for the perfect storm?

  

  By Gwynne Dyer - Good things come in threes, but so do bad things. Especially in economies. The financial crisis everybody has been waiting for is a “hard landing” of the Chinese economy, the world's second-biggest. It now seems to have arrived, though the Chinese government is still denying it.