Page 3 - China Economy

Chinese business confidence falls to lowest in almost a decade on Covid-19

The index fell to 48.1 in December from 51.8 in November, showed the World Economics' survey of sales managers at over 2,300 companies conducted Dec. 1-16

Oil falls but poised for biggest weekly gain since early Oct on China hopes

Brent crude futures fell $1.80, or 2.2%, to $79.41 per barrel by 0940 GMT

China's economy braces for turmoil as Covid curbs ease, infections surge

The government's abrupt abandonment of its long-held Covid Zero strategy has made the outlook for the economy very uncertain as factories brace for disruption and labor shortages rise

China's Nov factory output, retail sales miss expectations as Covid bites

China's economy has been depressed by its zero-COVID policy, as tight movement controls hampered consumption and production

Volatile Indian equity markets, flows capping downside: BofA on 2023

Revival in China's economic growth and policies could shrink this premium

China to set economic plans amid shift from Covid Zero policy to growth

China's abrupt ending of its Covid Zero policy injects more uncertainty into an already fragile economy, raising the prospect of looser fiscal and monetary policy

Tesla to suspend output at its China factory partly due to slowing demand

Consumer demand for cars in China has been dented by the country's still strict approach to Covid

China economy hopes give world stocks a boost but US Fed meeting weighs

China's Premier Li Keqiang, in comments carried by state media, said the country's shift in Covid-19 policy would allow the economy to pick up pace

India has to compete to gain from 'China Plus One' strategy: Eswar Prasad

Companies, investors around the world looking at India's policy trajectory, says the professor of trade policy at Cornell University

China eases curbs in major shift in 'zero Covid' policy to quell discontent

New measures include accelerating vaccination among the elderly and forbidding local officials to designate large areas, like entire housing compounds, as high-risk

China's politburo shifts focus to boosting economic recovery in 2023

The economy is expected to face bigger pressure from spiking Covid cases in the early stages of China's reopening

China's trade weakens to worst since first Covid lockdown as demand falls

The worsening trade performance is undermining a strong pillar of China's economy over the last two years, where the rise in exports to record levels have provided Chinese firms with stable demand

Morgan Stanley upgrades Chinese equities as country eases Covid curbs

Economic recovery likely to be bumpy as earnings pressure continues, says brokerage

China eases curbs in parts of nation; no signs of ending Covid Zero policy

China is easing some of the world's most stringent anti-virus controls and authorities say new variants are weaker. But they have yet to say when they might end a zero-COVID strategy that confines millions of people to their homes and set off protests and demands for President Xi Jinping to resign. On Monday, commuters in Beijing and at least 16 other cities were allowed to board buses and subways without a virus test in the previous 48 hours for the first time in months. Industrial centers including Guangzhou near Hong Kong have reopened markets and businesses and lifted most curbs on movement while keeping restrictions on neighbourhoods with infections. The government announced plans last week to vaccinate millions of people in their 70s and 80s, a condition for ending "zero- COVID restrictions that keep most visitors out of China and have disrupted manufacturing and global trade. That spurred hopes for a quick end to zero COVID." But health experts and economists warn it will be

Shanghai eases Covid-19 restrictions as China's policy shift expands

The financial hub will scrap PCR testing requirements to enter outdoor public venues such as parks as well as ride public transit effective Monday, city authorities said in a statement Sunday

Just when things look…: Beware the surprise that catches you unprepared

As the system emerges from the Covid trauma and India shifts its sights to long-term targets, attention must turn to the underlying weaknesses that may scupper ambitious aspirations, writes T N Ninan

Chinese protests not just about politics and freedom; also about Covid

'Xi is actually more worried that a relaxed policy will lead to more deaths among the elderly'

Covid protests escalate in Guangzhou as China lockdown anger boils

China's foreign ministry has said rights and freedoms must be exercised within the framework of the law

IMF may cut its China growth forecast as Covid curbs continue: Chief

The Washington-based crisis lender sees Chinese gross domestic product expanding 3.2% this year and 4.4% in 2023

As China intensifies Covid restrictions, India begins to relax curbs

Data shows that spike in one country has not coincided with a rise in the other