Page 2 - China Gdp

China plans more fiscal stimulus as outlook darkens with rising Covid cases

China's local governments could sell more than $229 billion of bonds to fund infrastructure investment and plug budget gaps

Goldman Sachs, Nomura downgrade China GDP forecasts as outlook darkens

Goldman Sachs lowered its projection for China's gross domestic product growth to 3% from 3.3%, citing weaker-than-expected July economic data as well as near-term energy constraints

Shaky scaffolding: Why is China's real estate sector facing a crisis?

Big property developers in China, like Evergrande, are facing a massive shortfall of money, dragging down the sector along with the home demand and prices

China resorts to interest rate cuts as data shows 'alarming' slowdown

Bond yields slumped after the People's Bank of China lowered the rate on its one-year policy loans by 10 basis points to 2.75% and the seven-day reverse repo rate to 2% from 2.1%

Oil prices bounces higher as China, US data ease recession concerns

Brent crude futures had risen 81 cents, or 0.9%, to $95.73 a barrel by 0638 GMT. U.S. West Texas Intermediate crude was at $89.76 a barrel, up 75 cents, or 0.8%

China simulating attack on main island in drills over Pelosi trip: Taiwan

China is carrying out its most provocative military drills in decades in the wake of House Speaker Nancy Pelosi's trip to Taiwan this week

China: July services activity expands at quickest pace in 15 months

China's services activity grew at the fastest rate in 15 months in July as easing COVID curbs boosted consumer confidence, but foreign demand fell and companies cut staff for the seventh month

China banks rush to raise debt as slowdown hikes potential bad loans

A record amount of fresh money has come from financial markets in China, with banks selling 29% more bonds in the first half of the year compared to last year

China budget deficit hits record high amid tax rebates, Covid pain

The drop in revenue just as more spending is needed will force local authorities to either boost their already heavy debt burden or accept weaker economic growth

China's GDP growth tops forecasts in first quarter; analysts sceptical

The better-than-expected economic data prompted questions from analysts who pointed to inconsistencies with alternative statistics that paint a grimmer picture

China unlikely to achieve GDP targets as Covid-19 crisis worsens

With a property market slump and regulatory crackdowns last year the policymakers set the lowest annual GDP target for China in decades for 2022, reported Dawn

Covid-19: China lockdowns costing $46 billion a month, say experts

A worst-case scenario would be a lockdown of all cities for one month, which would cut national GDP by 53 per cent over that period.

China's GDP may decrease if country continues to impose COVID-19 lockdown

China's GDP growth could decrease by 1-2% if Beijing, in order to fight the COVID-19 outbreak which is highest in the last two years, continues to impose lockdown in large portions of the country.

China cuts GDP growth to 5.5% to target slower growth amid headwinds

In 2021, China's economy grew by 8.1 per cent to about USD 18 trillion- stated to be the best in a decade

China's GDP target of 5.5% for 2022 will be challenging to meet: Economists

The economy grew 8.1% in 2021, when the government set a conservative target of 'above 6%.'

China lowers GDP target from last year's 6.1% to 5.5% for this year

China on Saturday lowered its GDP target to 5.5 per cent for this year from last year's 6.1 per cent. The new target for the second-largest economy was announced by Premier Li Keqiang in his work report presented to the National People's Congress (NPC), the country's parliament which opened its annual session here on Saturday. China's economy grew by 8.1 per cent in 2021 to about USD 18 trillion a performance that was stated to be the best in a decade. The pace of the growth was well above the government target of above six per cent in 2021. In his work report presented to the NPC, Li said China plans to create more than 11 million new jobs in 2022. He said China plans to cut the ratio of its deficit to GDP to around 2.8 per cent for the year of 2022. The fundamentals of China's economy remain unchanged, and the nation will maintain long-term growth, he said. Over 2,800 members attended the NPC which will meet here for over a week to transact the annual legislative work.

After record year of fundraising, Asia IPOs set to face headwinds in 2022

Thanks to a blistering first half amid a global boom, initial public offerings in the region have reached $190 billion so far this year.

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 Oct exports beat forecasts, offer buffer to slowing domestic economy

Imports, however, missed analysts' expectations, likely pointing to the overall weakness in domestic demand.

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.