China Gdp Growth
Growth and glory: Might the two Asian cheetahs end up in another dead heat?
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
China's Covid-19 outbreak has US worried about new mutations of virus
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
 "China's Covid-19 outbreak has US worried about new mutations of virus")
Delayed reopening may hit China's GDP growth rate by 1 point: Oxford report
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
 "Delayed reopening may hit China's GDP growth rate by 1 point: Oxford report")
Boeing Co sees India as key to offset sluggish business in China
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
 "Boeing Co sees India as key to offset sluggish business in China")
China property stocks, bonds rally post report of $85 bn support from banks
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.
 "China property stocks, bonds rally post report of $85 bn support from banks")
China to grow slower than rest of Asia for the first time since 1990
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
 "China to grow slower than rest of Asia for the first time since 1990")
Industrial China is alive and well despite concerns of economic slowdown
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
 "Industrial China is alive and well despite concerns of economic slowdown")
China backs away from goal of 5.5% GDP growth, sticks to Covid controls
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
 "China backs away from goal of 5.5% GDP growth, sticks to Covid controls")
Sri Lanka in talks for $100 mn emergency funding from China-backed bank
Sri Lanka has requested foreign-exchange liquidity support for state banks from Asian Infrastructure Investment Bank.
 "Sri Lanka in talks for $100 mn emergency funding from China-backed bank")
China's GDP grew 4.8% in Q1 amid Covid-19 surge, missed 5.5% target
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's GDP grew 4.8% in Q1 amid Covid-19 surge, missed 5.5% target")
China premier confident of hitting 2022 growth target as hurdles continue
China rarely misses its economic growth target, but many economists believe the 2022 goal will require additional stimulus to ward off a slowdown.
 "China premier confident of hitting 2022 growth target as hurdles continue")
China tops forecasts with 8.1% growth in 2021 but headwinds loom
Growth in the fourth quarter hit a one-and-a-half-year low, government data showed on Monday
 "China tops forecasts with 8.1% growth in 2021 but headwinds loom")
China's sky-high factory inflation slows amid price crackdown by govt
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 sky-high factory inflation slows amid price crackdown by govt")
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 factory activity contracts for second month as input woes continue
The official manufacturing Purchasing Manager's Index (PMI) was at 49.2 in October, down from 49.6 in September.
 "China factory activity contracts for second month as input woes continue")
China Q3 GDP growth hits 1-year low, raising heat on policymakers
China's economy grew at the slowest pace in a year in the third quarter
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")
China's economic risks build as Delta variant spreads, prices rise
Goldman, JPMorgan cut GDP growth forecasts amid virus cases
 "China's economic risks build as Delta variant spreads, prices rise")
Goldman slashes China growth forecast on Covid's delta variant uutbreak
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
 "Goldman slashes China growth forecast on Covid's delta variant uutbreak")
China's economic divide between rich south and lagging north set to widen
Regional gap may worsen as China looks to reduce carbon emissions and impose financial discipline on local governments, Nomura says.
 "China's economic divide between rich south and lagging north set to widen")
