China Gdp News
Economically, strategically and even politically, China finds itself in a fix today. If it doesn’t mend its way, it would soon find its superpower dream going kaput.
The GDP had expanded by 3 percent in the January-March quarter of 2019-20, while the Indian economy had expanded by 4 percent that year
With 3.2% expansion in Q1, China becomes first major economy to return to growth since beginning of pandemic
Chinese exporters have benefited from the economy’s relatively early reopening and global demand for medical supplies, according to a National Bureau of Statistics report
Stock Market Latest Updates: Sensex surges over 900 points, Nifty holds 9,200-level; Axis Bank, ICICI Bank among major gainers
Stock Market Today LIVE Updates: Sensex up over 930 points, Nifty above 9,300-level; RBI Governor Shaktikanta Das begins conference
China's economy shrank 6.8% in January-March, posts first decline on record as virus shuts down economy
The historic slump in the world’s second-largest economy comes after efforts to contain the coronavirus, which first emerged in China late last year, shut down factories, transport and shopping malls.
China's economy skids as coronavirus paralyses industries, households; factory production plunges at sharpest pace in 30 years
China’s factory production plunged at the sharpest pace in 30 years in the first two months of the year as the fast-spreading coronavirus and strict containment measures severely disrupted the world’s second-largest economy
China's economy slumps to 6.1% in 2019, lowest in 29 years; weak domestic demand, trade war with US take toll on world's second-largest economy
In 2018, China's economy sank to a 28-year low slowing down to 6.6% year on year, lower than the 6.8% growth registered in 2017 as it grappled with the continued slowdown amid the trade war with US and declining exports.
Oil prices slid on Friday on jitters over demand from China after the world’s largest oil importer recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States
China’s third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing to roll out fresh support
In order to rejig its economy, China is all set to pass a new foreign investment law in a hurry, providing an equal footing to investors abroad with that of local business with legal safeguards
China manipulated GDP figures in 2010, says Russian media; research report claims numbers 'doctored by ruling class'
China manipulated the GDP figures, and that's how, in 2010, it superseded Japan, the world's second-largest economy, commented the Russian media recently.
China sets GDP target at around 6.5% in 2018, will be able to create 11 mn new urban jobs, says report
China aims to maintain inflation level at around 3 percent and create over 11 million new urban jobs, reports Xinhua news agency.
The main cost of stronger growth in China "is further large increases in public and private debt", the IMF said in its annual review of China's economy.
On a quarterly basis, growth picked up to 1.7 percent from 1.3 percent in the first quarter, in line with expectations.
China's GDP growth was "steady" at 6.7 percent in the third quarter of this year, according to a government data released today, signaling that the world's second-largest economy is stabilising after continuous slowdown.
Retail sales growth picked up to 10.6 percent. Analysts had forecast growth of 10.0 percent, unchanged from the previous month.
The tentative signs of recovery face off against a wide range of risks present in both the domestic and global economies
The government has quickened spending on infrastructure and eased curbs on the ailing property sector, which have succeeded in reviving weak home sales and prices but have not yet reversed a sharp decline in new construction
Cheaper commodity and crude prices are an advantage for India. But, as long as investors are not putting money on the table, it is difficult to get the growth momentum back