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Most forecasters had it that India would do significantly better than China in FY24, but the scenario has undergone a change in recent weeks, as China has altered course dramatically, writes T N Ninan
Chinese cities are witnessing a wave of Covid-19 cases, with concerns growing that the government may be hiding the true toll of the virus
If China pushes back its economic reopening to the first half of 2024, an anticipated recovery in private consumption will be delayed, says the report
Boeing and Airbus SE are both in the running for what could be one of the largest aircraft deals ever as formerly state-run Air India Ltd. is overhauled by new owner Tata Group
CIFI Holdings Group Co., KWG Group Holdings Ltd. and Agile Group Holdings Ltd. were the top gainers in Hong Kong, up more than 10% each.
According to World Bank's forecast, this is primarily due to Xi Jinping's zero-Covid policy and the crisis in the country's property sector
Data this past week showed a dismal picture: China's industrial output rose 3.8% from a year earlier, which was below expectations, fixed investment grew slower than forecast and credit was weak
A Communist Party planning meeting reflected the high cost President Xi Jinping's government has been willing to incur to stop the virus in a politically sensitive year
Sri Lanka has requested foreign-exchange liquidity support for state banks from Asian Infrastructure Investment Bank.
The current surge of Omicron virus in China which is sending one city after another into prolonged lockdowns was largely expected to have an adverse impact on the economy
China rarely misses its economic growth target, but many economists believe the 2022 goal will require additional stimulus to ward off a slowdown.
Growth in the fourth quarter hit a one-and-a-half-year low, government data showed on Monday
China's economy, which staged an impressive rebound from last year's pandemic slump, has lost momentum in recent months as it grapples with surging prices
China's economy is expected to grow around 5.3% in 2022, bringing the average annual growth rate forecast for 2020-2022 to 5.2%, the Chinese Academy of Social Sciences, a top govt think tank, said
The official manufacturing Purchasing Manager's Index (PMI) was at 49.2 in October, down from 49.6 in September.
China's economy grew at the slowest pace in a year in the third quarter
Citigroup too expects Beijing to help out Evergrande Group, the world's most indebted developer.
Goldman, JPMorgan cut GDP growth forecasts amid virus cases
The economists cut their projection for quarter-on-quarter growth of gross domestic product in the third quarter and also lowered their full-year GDP growth forecast
Regional gap may worsen as China looks to reduce carbon emissions and impose financial discipline on local governments, Nomura says.