Page 15 - Chinese Economy

Nature's revenge

The fact is that so much of this virus transference is happening because of our dystopian relationship with the natural world

China's stuttering economy braces for impact of deadly Coronavirus

Moody's analysts said the virus was "a serious mounting threat to the fragile Chinese and global economies", adding that there are "no good scenarios"

Trade war impact: China's economy slumps to 6.1% in 2019; lowest in 29 yrs

In 2018, China's economy sank to a 28-year low slowing down to 6.6 per cent year on year

China birth rate lowest in 2019 since 1949 as workforce continues to shrink

To avoid a demographic crisis, the government relaxed its one-child policy in 2016 to allow people to have two children, but the change has not resulted in more pregnancies

China's manufacturing output strengthens with trade deal in sight

The manufacturing purchasing managers' index remained at 50.2, according to data released by the National Bureau of Statistics on Tuesday.

Oil, nickel and iron gain shine in 2019 as demand worries plague investors

All other base metals, fell by up to 12.3 per cent in 2019. Steel was almost flat, while thermal coal and natural gas were also among big losers.

China may free up more cash for banking system to support small businesses

Analysts have predicted Beijing will have to lend more support to boost growth next year

China to target around 6% growth in 2020, step up state spending: Reports

Next year will be crucial for the ruling Communist Party to fulfill its goal of doubling gross domestic product (GDP) and incomes in the decade to 2020

How foreign corporations pay $2,500 an hour to avoid the Chinese blacklist

Chinese media reported last week the government could release the blacklist in retaliation for a US bill supporting the Uighur minority in Xinjiang province

China advances $142-bn 2020 local-govt bonds by a year to spur growth

Beijing has been leaning more heavily on fiscal stimulus to weather the current downturn, announcing 2 trn yuan in tax and fee cuts this year and 2.15 trn yuan in local government bond issuance

China cuts interest rates to boost economy amid flailing demand, trade war

Beijing is struggling to kickstart the economy, which expanded at its lowest pace for nearly three decades in the third quarter, battered by the US trade war, falling global demand for its goods

China's central bank boosts liquidity ahead of tax payment surge

The People's Bank of China on Tuesday net injected 250 billion yuan ($35 billion) via seven-day reverse repurchase agreements, according to a statement

China unexpectedly keeps benchmark lending rate unchanged in October

The one-year Loan Prime Rate (LPR) remained at 4.20 per cent, steady from the previous monthly fixing

China eases M&A rules for listed companies to spur restructuring

The China Securities Regulatory Commission (CSRC) also said it would allow flotation of assets in strategically important emerging sectors on Shenzhen's ChiNext start-up board

Global shares sapped by poor China growth, dollar gets weekly mauling

China's economy grew at a slightly less-than-expected 6% in Q3 but traders seemed to be taking comfort that swift stimulus from Beijing and central banks in recent weeks could avert serious downturn

China to remove business restrictions on foreign banks, brokers: Report

China has stepped up efforts to open its financial sector amid a festering trade war with the United States, with increased access to its financial sector among a host of demands from Washington

Declining domestic copper grades compel China to look overseas: Fitch

Meanwhile, China remains by far the largest global consumer of copper despite consumption faltering this year due to rising trade tensions with the US

Chinese labour market is changing and it's not because of the trade war

President Trump says US tariffs have thrown millions out of work, but Western economists point to relative stability amid a shift to service jobs as the two sides prepare to resume talks

China raises govt presence at Alibaba, other private giants

Hangzhou, in the eastern province of Zhejiang, is assigning government affairs representatives to facilitate communication and expedite projects, the city government said on its website

US doing quite well in trade war, China's supply chain breaking up: Trump

The president asserted that because of his policies, China was having one of the worst economic years in decades