China economy

China April HSBC PMI shows biggest drop in factory activity in a year

The number was weaker than a preliminary reading of 49.2, and below the 50-point level that separates growth from contraction compared with the previous month.

May 04, 2015, 08:25 AM IST

China April manufacturing sector steady at 50.1, little growth

Activity in China`s manufacturing sector barely grew in April, an official survey showed on Friday, holding slightly above the level separating expansion from contraction.

May 01, 2015, 08:49 AM IST

China's biggest auto show opens amid growth slowdown

Global car makers showed off hundreds of vehicles in China's commercial hub Shanghai on Monday, as the world's biggest auto market continues to attract despite a sharp deceleration in sales growth.

Apr 20, 2015, 13:31 PM IST

FDI into China accelerates in March: Govt

FDI rose 2.2 percent year-on-year last month to $12.4 billion, the commerce ministry said, an acceleration from February`s 0.9 percent gain.

Apr 16, 2015, 10:19 AM IST

China Premier says 7% growth hard to achieve, spurns devaluation

"It`s true that our economy is still under downward pressure," Li was quoted as saying in an interview with the Financial Times. "It won`t be easy to achieve another 7 percent growth this year."

Apr 16, 2015, 10:12 AM IST

China's economic growth slows to 7% in Q1, six-year low

In the last quarter of 2014, China`s economy grew 7.3 percent on an annual basis.

Apr 15, 2015, 08:13 AM IST

China`s economy to grow 6.8% in 2015: IMF

China must carry out promised reforms and rebalance its economy to stem financial risks, the International Monetary Fund (IMF) said Tuesday, as it pointed to slowing growth over the next two years.

Apr 14, 2015, 19:06 PM IST

China March exports dive as economy seen slowing further

China suffered an across-the-board decline in trade in March, the government said today, days ahead of GDP data expected to show another slowdown in the world's second-largest economy.

Apr 13, 2015, 18:19 PM IST

China's March exports shrink 15% in surprise fall

In a sign of soft domestic demand, imports into the world`s second-biggest economy also shrunk 12.7 percent last month compared with a year ago, data from the General Administration of Customs showed.

Apr 13, 2015, 09:44 AM IST

China approves reforms of three policy banks

China has approved plans to reform three state-owned policy banks, outlining separate priorities for their opening up, in an attempt to boost the country's economy which faces an increased downward pressure.

Apr 12, 2015, 16:02 PM IST

China's Q1 economic growth seen at six-year low of 7%

China`s economy probably cooled further to grow 7 percent in the first three months of the year, a Reuters poll showed, which would be the weakest pace in six years and raise pressure on policymakers to do more to bolster growth.

Apr 09, 2015, 15:10 PM IST

China car giant SAIC records 12.8% profit rise in 2014

The Shanghai-based firm said net profit was 27.97 billion yuan ($4.56 billion), up from 24.80 billion yuan in 2013, according to a statement issued to the Shanghai stock exchange late Thursday.

Apr 03, 2015, 10:01 AM IST

China's services sector expands in March, job growth at 10-month low

China`s services sector expanded in March even as growth in employment and new businesses fell to the slowest pace in at least eight months, a private survey showed on Friday.

Apr 03, 2015, 08:42 AM IST

China PMI rebounds in March to 50.1: Govt

The official Purchasing Managers` Index (PMI) released by the National Bureau of Statistics (NBS) came in at 50.1 last month, up from 49.9 in February and the first result showing expansion since a similar 50.1 in December.

Apr 01, 2015, 08:23 AM IST

China factory sector dips to 11-month low, new orders shrink

The flash HSBC/Markit Purchasing Managers` Index (PMI) dipped to 49.2 in March, below the 50-point level that separates growth in activity from a contraction on a monthly basis.

Mar 24, 2015, 08:55 AM IST

OECD expects 7 China growth in 2015, urges freer yuan

OECD Secretary-general Angel Gurria said he also expected domestic demand will be strong enough to prevent deflation.

Mar 20, 2015, 13:08 PM IST

China's Jan-Feb fiscal income growth cools as economy slows

Fiscal revenue rose 3.2 percent to 2.57 trillion yuan ($410.5 billion) in the first two months of the year, data from the Finance Ministry showed on Monday.

Mar 16, 2015, 10:16 AM IST

China central bank chief says to maintain prudent policy as economy slows

China has no need to change its prudent monetary policy stance, central bank governor Zhou Xiaochuan said on Thursday, after a raft of data suggested the world`s second-largest economy lost further momentum early in the new year.

Mar 12, 2015, 17:02 PM IST

China, India drive global energy needs, ex-OPEC official

The global energy industry has seen huge demand from two fast-growing major economies China and India even as consumption dropped in Europe.

Mar 12, 2015, 15:05 PM IST

Exports jump in China, but slide in imports signals economic weakness

Data released by the General Administration of Customs on Sunday showed that China posted a record trade surplus of $60.6 billion last month.

Mar 09, 2015, 13:28 PM IST