Page 7 - Chinese Economy

Chinese President Xi Jinping calls for a secure global supply chain

He also pushed for joint efforts to overcome the Covid-19 pandemic while ensuring fair distribution of vaccines

China's central bank vows greater support for real economy

There will be more "proactive" use of monetary policy tools, the People's Bank of China said in a statement on Saturday

A new road map for Xi's political future

Chinese leaders stress macro-economic stability as the Party Congress draws near, but their strategy is riddled with contradictions

China Evergrande hits new low on default worries; Kaisa misses pay date

Bondholders owning over 50% of the notes in question sent the company draft terms of forbearance late on Monday

China's central bank frees up $188 billion as Evergrande default fears rise

The People's Bank of China (PBOC) said it would cut the amount of cash that banks must hold in reserve

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 says market views of monetary policy moves too 'simplistic'

A Chinese newspaper run by the State Council, or cabinet, warned the market against "simplistic" interpretations of monetary policy moves as easing expectations gathered steam

China will encourage listing of leading futures firms, to issue futures law

China's commodities market had been volatile this year amid the uneven global economic recovery, easing liquidity and speculation

Declining marriage numbers add to China's demographic conundrum

Fewer people are getting married in China in addition to the falling birth rates, hastening the demographic crisis in the world's most populous country, according to an official data

China posts record trade surplus in October on galloping exports

China's trade growth has remained well above pre-pandemic levels all year

JPMorgan cuts China growth forecast for fifth time since August

JPMorgan cuts its fourth quarter growth forecast for China to 4.0% quarter-on-quarter from 5.0% on Friday, citing the impact of power shortages and the recurrence of COVID-19

China stock pickers reshape portfolios on Xi's 'common prosperity'

The intent behind Xi's drive is a narrower gap between the rich and poor in the world's second largest economy

China developer Modern Land fails to repay $250-million bond

Fitch Ratings downgraded Modern Land to restricted default from C late Tuesday following the payment miss

China's prosperity goals and the world

Xi Jinping's new vision for the economy means less prosperity for people globally

China's economy stumbles on power crunch and property woes

Q3 GDP grows 4.9% YoY vs 5.2% forecast

China economy set to slow after successive batterings: Report

Crackdown on property market, energy crunch to hamper growth

China's Xi calls for progress on property tax in drive for prosperity

China, still an avowedly socialist country, has vowed to reduce inequality after years of breakneck growth while stressing that people should still work hard to create wealth

A made-in-China financial crisis?

The Evergrande implosion could have serious consequences for jobs and growth

China's housing conundrum

As impressive as China has been at building roads, bridges, and houses, its real estate construction boom is coming to an end, and there is no reason to expect a smooth landing

Evergrande crisis: A modified script may need to be written on China

This crisis could mark the end of the long run of "miracle" growth that made China the world's second-largest economy, and a challenger to the US in economic and strategic clout, writes T N Ninan