Page 15 - China Economy

China looks at hiking industrial power price to ease supply crunch

The rate hikes for factories could come in the form of higher flat fees, or in rates that are linked to the price of coal

China's industrial profit growth slows for sixth month in August

Profits rose 10.1% on year to 680.3 billion yuan ($105 billion) last month compared with a 16.4% gain in July, data from China's statistics bureau showed on Tuesday.

China could be heading for power supply crisis after Evergrande shock

Almost half of China's regions missed Beijing's energy consumption targets and are now under pressure to curb power use.

Evergrande faces key deadline, investors await outcome on dollar bond

Evergrande, China's biggest property developer, ran into trouble over the past few months as Beijing tightened regulations in its property sector.

China's high-tech push seeks to reassert global factory dominance

TIANJIN, China (Reuters) - At a factory in China's north, workers are busy testing an automated vehicle designed to move bulky items around industrial spaces, one of a new generation of robots Beijing wants to shift the country's manufacturing up the value chain.

Market turmoil tests Xi's resolve on Evergrande, real estate crackdown

The resulting market turbulence may add pressure on Chinese leaders to tap the brakes on policy tightening, or at least take steps to limit the fallout

China tech crackdown is India's gain: US venture investor March Capital

Indian startups in internet and cloud software offer strong growth prospects but without Chinese firms' risk: Sumant Mandal.

Revolution or chaos? Xi's 'common prosperity' drive sparks China debate

Competing viewpoints in China's tightly controlled media space points to confusion over just how far Xi plans to go in reining in 'disorderly capital expansion'.

China's economy gets welcome boost from surprisingly strong Aug exports

China's exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world's second-biggest economy

Chinese firms rush to embrace 'common prosperity' slogan

At least 73 companies used the flagship slogan in statements to shareholders

Asia factory activity cools in Aug as coronavirus disrupts supply chains

China's factory activity slipped into contraction in August for the first time in nearly 1-1/2 years.

China's spies for hire: hackers who blend espionage and entrepreneurship

Sponsored but not necessarily micromanaged by Beijing, this new breed of hacker attacks government targets and private companies alike.

China's central bank vows to boost credit support, stabilise money growth

The People's Bank of China will keep monetary policy stable with a good cross-cyclical design and will support high-quality economic expansion with "appropriate money growth," according to a statement

China needs a stable Afghanistan to tuck country under its Belt and Road

China has already been burned by failed investments in Afghanistan, most notably a copper project near Kabul.

Detainee says China has secret jail in Dubai, holds Uyghurs illegally

Wu Huan's statement may be the first evidence that China is operating a so-called "black site" beyond its borders.

China factory output, retail sales miss expectations as Covid cases emerge

China's economy has rebounded to its pre-pandemic growth levels, but the expansion appears to be losing steam

China's economic risks build as Delta variant spreads, prices rise

Goldman, JPMorgan cut GDP growth forecasts amid virus cases

Money fleeing China's shaky stocks may overlook pricey India, says UBS

UBS predicts the NSE Nifty 50 Index will fall to 15,500 by the end of June 2022, down almost 5% from Friday's close.

Growth in China's July services activity speeds up, but risks loom

Growth in China's services sector accelerated in July, a private survey showed on Wednesday, although the spread of the COVID-19 Delta variant across the country threatens to undercut the recovery

Oil prices hit by concern over Chinese economy and higher supply

China's factory activity growth slipped sharply in July as demand contracted for the first time in more than a year