Page 9 - Chinese Economy
China's manufacturing activity softens in June amid export weakness
Growth in China's manufacturing activity softened in June as export demand weakened and producers struggled with supply bottlenecks, a survey showed Wednesday. The monthly purchasing managers' index issued by the national statistics agency and an industry group declined to 50.9 from May's 51.0 on a 100-point scale on which numbers above 50 show activity increasing. Measures of new export orders, production and factory gate prices declined. The latest surveys suggest that growth softened this month, Julian Evans-Pritchard and Sheana Yue of Capital Economics said in a report. Supply shortages continued to hold back output in the manufacturing sector. China's factory output and consumer spending have rebounded to above pre-pandemic levels but export demand is uneven as governments fight outbreaks of the new coronavirus variant. Companies still expect to be cautious, economist Zhang Liqun said in a statement issued by the China Federation of Logistics & Purchasing along with the PMI .
 "China's manufacturing activity softens in June amid export weakness")
Chinese flock to home-grown brands in golden opportunity for investors
Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands
 "Chinese flock to home-grown brands in golden opportunity for investors")
Kissinger's monumental blunder
His suggested policies benefited China hugely
 "Kissinger's monumental blunder")
China's largest manufacturing hub Guangdong facing electricity shortages
Guangdong, China's main manufacturing hub, has been left in the throes of an electricity shortage following scarce rain and rising coal prices, casting uncertainty over 10% of its economic output
 "China's largest manufacturing hub Guangdong facing electricity shortages")
China's factory output, retail sales, investment miss expectations in May
Industrial production grew 8.8% in May from a year ago, slower than the 9.8% uptick in April
 "China's factory output, retail sales, investment miss expectations in May")
Explained: Is China's new anti-foreign sanctions law an eye for an eye?
Blacklisted individuals could find their relatives, and the organisations of which they are senior managers or have control over placed on the list.
 "Explained: Is China's new anti-foreign sanctions law an eye for an eye?")
China's highest producer inflation in 12 yrs highlights price pressures
China's May factory gate prices rose at their fastest annual pace in over 12 years
 "China's highest producer inflation in 12 yrs highlights price pressures")
China's cautious consumers offer clues for the post-pandemic world
While corporate executives say business has rebounded, they also say there's a way to go before confidence is fully restored.
 "China's cautious consumers offer clues for the post-pandemic world")
China's factory activity growth slows in April as supply bottlenecks weigh
The country's official manufacturing purchasing managers' index (PMI) fell to 51.1 in April from 51.9 in March
 "China's factory activity growth slows in April as supply bottlenecks weigh")
Global FDI hit 15-year low in 2020, China overtook US: OECD data
China was one of the few major economies to eke out growth
 "Global FDI hit 15-year low in 2020, China overtook US: OECD data")
Q1 GDP numbers: China's economy grows record 18.3% in post-Covid comeback
Retail sales beat expectations while industrial output growth moderated
 "Q1 GDP numbers: China's economy grows record 18.3% in post-Covid comeback")
China's growth set to drive global economy in post-pandemic years
The U.S. and India will be the second and third-biggest contributors to global growth in the period, according to the IMF, with Japan and Germany rounding out the top five
 "China's growth set to drive global economy in post-pandemic years")
Beijing's diplomacy unravels
Pandemic reveals flaws at the heart of infra lending plan
 "Beijing's diplomacy unravels")
China proposes a set of global rules for central bank digital currencies
The PBOC is aiming to become the first major central bank to issue a CBDC
 "China proposes a set of global rules for central bank digital currencies")
China's economy is continuing steady recovery this year, says vice premier
Han also said China, the world's No.2 economy, will strengthen macro policy coordination with other countries
 "China's economy is continuing steady recovery this year, says vice premier")
Analysis: Beijing delivers on threats to rein in internet economy
China is making good on its threats to clamp down on the sprawling "platform economy"
China's factory growth surges 35.1% as economic recovery accelerates
Retail sales in the period also rose in a boost to domestic demand, giving a strong lift to business activity on top of the recent upsurge in exports growth
 "China's factory growth surges 35.1% as economic recovery accelerates")
China says economy could rebound sharply in first-quarter from year earlier
China's economy could rebound sharply during the first quarter from a year earlier, a spokeswoman for the statistics bureau said on Monday
 "China says economy could rebound sharply in first-quarter from year earlier")
China's statistics bureau says economy still going through recovery process
China's economy is still in the process of recovery, spokeswoman for the National Bureau of Statistics Liu Aihua said on Monday
One Belt One Road project stalls as China's economy fights out Covid-19
'20% projects seriously affected, 30-40% adversely impacted'; new investments cut back
 "One Belt One Road project stalls as China's economy fights out Covid-19")
