Page 8 - Chinese Economy

Fitch Ratings cuts China's growth forecast to 8.1% on property curbs

It added that the economic slowdown has already prompted a recalibration of macroeconomic policy settings

China tells states to be ready for Evergrande's possible collapse

Authorities ask embattled developer to avoid near-term default on bonds

Evergrande domestic debt deal calms immediate contagion concern

Many financial institutions have exposure to Evergrande through direct loans and indirect holdings

China fear spreads beyond Evergrande crisis, roiling stock markets

At 24,099 points, Hong Kong's broader Hang Seng index closed at its lowest level since Oct '20

Chinese property developer Evergrande's debt struggle rattles investors

One of China's biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting concern about a broader economic fallout and protests by buyers

China's data burst casts pall over global recovery, UK prices spike

Yields recovered slightly to 1.2820%, while the dollar eased 0.124% .

China's economy threatened by a property giant's debt problems

Real estate developer Evergrande once binged on debt. Now the music has stopped, investors are panicking and experts warning of an imminent failure

Chinese state firms to take big stake in Ant's credit-scoring JV

The plan would represent one of the most prominent outcomes of a govt push for state-backed firms to exert more control and influence

China's factory activity expands at slower pace in August, services shrink

China's factory activity expanded at a slower pace in August, while the services sector slumped into contraction, as covid-related restrictions and high raw material prices pressure businesses

China to meet economic targets with virus curbs: President Xi Jinping

Xi said China should push for high-quality development and better coordinated policies around development and safety

China eyes wealth redistribution in push for 'common prosperity'

Since Xi took office in 2012, the ruling party has made it a priority to end poverty and build a moderately prosperous society

China central bank to keep monetary policy 'flexible and appropriate'

In its second-quarter monetary policy implementation report, the People's Bank of China said it would keep liquidity reasonably ample

China's July exports, imports rise, but growth slows amid Covid curbs

Exports rose 18.9% over a year earlier to $282.7 billion, decelerating from June's 32.2%

China's export, import growth seen moderating in July, finds poll

Exporters are grappling with higher freight costs and lingering logistics bottlenecks.

Chinese stocks jump as Beijing signals more economic support

Consumer shares led gains, with Kweichow Moutai Co. and Wuliangye Yibin Co. adding at least 4.5%. In Hong Kong, the Hang Seng Index gained 1.1%.

China's industrial profit growth slows in June on high raw material prices

Industrial firms' profits rose 20% year-on-year in June to 791.8 billion yuan ($122.27 billion), data from the National Bureau of Statistics showed on Tuesday, after a 36.4% increase in May.

China's economic growth loses steam as Covid-19 pandemic fears persist

Momentum slowed as more expensive raw materials weighed on factories

China's June exports growth beats f'cast as easing lockdowns boost demand

China's exports grew at a much faster than expected pace in June as solid global demand led by easing lockdown measures and vaccination drives worldwide eclipsed virus outbreaks and port delays

China's Cabinet hints at cutting the reserve ratio to aid economy

Sporadic restrictions to contain virus outbreaks continue to hamper sentiment.​

China puts most powerful agency in charge of climate policies: Report

That climate policies are gaining a more central role in the nation's long-term development strategy.