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Page 3 - China Economic Growth

China plans bigger tax cuts in 2022 to spur economic growth

China to unveil bigger tax and fee cuts this year and step up payments to local governments to offset their hit to revenues, Finance Minister Liu Kun said, amid efforts to support a slowing economy.

China plans bigger tax cuts in 2022 to spur economic growth
Updated On : 22 Feb 2022 | 11:47 AM IST

China 2008 vs 2022: Richer, stronger, more confrontational

China has undergone history-making transformation since the last time it was an Olympic host in 2008: It is richer, more heavily armed and openly confrontational.

China 2008 vs 2022: Richer, stronger, more confrontational
Updated On : 26 Jan 2022 | 3:11 PM IST

Asia weighs mixed China economic data, Brent crude clears 2021 highs

Asian share markets were choppy on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions

Asia weighs mixed China economic data, Brent crude clears 2021 highs
Updated On : 17 Jan 2022 | 9:26 AM IST

China's economy grows 8.1% in 2021, expands 4% in the last quarter

China's economy grew by 8.1% in 2021 after an abrupt slowdown in the second half that is prompting suggestions Beijing needs to shore up slumping growth.

China's economy grows 8.1% in 2021, expands 4% in the last quarter
Updated On : 17 Jan 2022 | 8:15 AM IST

China's trade surplus hits a record $676 billion in 2021

Export growth beats expectations; some analysts point to import slowdown

China's trade surplus hits a record $676 billion in 2021
Updated On : 14 Jan 2022 | 11:16 PM IST

Growth in China's Dec services accelerates as inflation eases: Survey

Activity in China's services sector expanded at a faster pace in December amid higher demand and easing inflationary pressure, a private sector survey showed

Growth in China's Dec services accelerates as inflation eases: Survey
Updated On : 06 Jan 2022 | 10:48 AM IST

China's Dec factory activity returns to growth, beats forecasts: Report

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 50.9 in December - its highest level since June

China's Dec factory activity returns to growth, beats forecasts: Report
Updated On : 04 Jan 2022 | 8:06 AM IST

China injects most cash in 2 months; 10-year yields at lowest in 18 months

China's 10-year government bond yield fell two basis points to 2.795 per cent as of 4:40 pm in Shanghai

China injects most cash in 2 months; 10-year yields at lowest in 18 months
Updated On : 29 Dec 2021 | 12:18 AM IST

China's economic growth will slow sharply in 2022, says World Bank

China's economic growth has been given a bleak picture by World Bank's report on Wednesday as the world's second-largest economy faces mounting headwinds

China's economic growth will slow sharply in 2022, says World Bank
Updated On : 23 Dec 2021 | 9:02 AM IST

China's economy expected to grow 5.3% in 2022, says govt think tank

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

China's economy expected to grow 5.3% in 2022, says govt think tank
Updated On : 06 Dec 2021 | 2:04 PM IST

China's November services activity expands at slower clip, survey shows

The Caixin/Markit services PMI fell to 52.1 in November from 53.8 in October, but remained above the 50-point mark that separates growth from contraction on a monthly basis

China's November services activity expands at slower clip, survey shows
Updated On : 03 Dec 2021 | 8:26 AM IST

China's Oct factory activity expands more quickly, but output weighs: PMI

A sub-index for output showed production shrank for the third consecutive month and at a faster rate than in September.

China's Oct factory activity expands more quickly, but output weighs: PMI
Updated On : 01 Nov 2021 | 9:08 AM IST

China's Oct factory activity expands more quickly, but output weighs: PMI

Growth in new orders cooled in October, as the index retreated to 51.6 from 52.2. New export orders were 49.9 in October, pointing to a contraction, from 50.2 in September.

China's Oct factory activity expands more quickly, but output weighs: PMI
Updated On : 01 Nov 2021 | 8:17 AM IST

China's industrial profits rise 16.3% in Sept to 738.74 bn yuan

Liabilities at industrial firms rose 8.2% from a year earlier at end-September, down from 8.4% growth as of end-August.

China's industrial profits  rise 16.3%  in Sept to 738.74 bn yuan
Updated On : 27 Oct 2021 | 8:21 AM IST

China to strengthen tax reforms to attain 'common prosperity': Xinhua

China will "strengthen adjustments" in tax collection to boost revenue

China to strengthen tax reforms to attain 'common prosperity': Xinhua
Updated On : 25 Oct 2021 | 1:41 PM IST

China Evergrande resumes work on more than 10 projects in different cities

China Evergrande Group said on Sunday it had resumed work on the projects in Shenzhen, Dongguan and other cities

China Evergrande resumes work on more than 10 projects in different cities
Updated On : 24 Oct 2021 | 9:57 PM IST

Country and company: How China and Evergrande ascended together

The property giant's success mirrored the country's transformation from an agrarian economy to one that embraced capitalism. Its struggles offer a glimpse of a new financial future

Country and company: How China and Evergrande ascended together
Updated On : 29 Sep 2021 | 9:17 AM IST

China may initiate restructuring of Evergrande Group, says Morgan Stanley

Citigroup too expects Beijing to help out Evergrande Group, the world's most indebted developer.

China may initiate restructuring of Evergrande Group, says Morgan Stanley
Updated On : 22 Sep 2021 | 8:25 AM IST

Crude oil prices drop amid faltering demand outlook in China

Brent crude was down 58 cents, or 0.8%, at $70.01 a barrel by 0943 GMT. US oil fell by 64 cents, or 0.9%, to $67.80. Both contracts dropped by more than $1 earlier in the session

Crude oil prices drop amid faltering demand outlook in China
Updated On : 16 Aug 2021 | 4:21 PM IST

China's economic growth likely to slow due to coronavirus, floods

China's economic growth will soften this year due to summer flooding and anti-coronavirus controls, an official said Monday, after consumer sales and other activity weakened in July

China's economic growth likely to slow due to coronavirus, floods
Updated On : 16 Aug 2021 | 3:07 PM IST