China economy

Morgan Stanley CEO James Gorman optimistic about China's economy

The head of Morgan Stanley maintained his positive outlook on the Chinese economy despite a continued slowdown amid lackluster domestic demand and rising external uncertainties.

Nov 30, 2015, 11:18 AM IST

IMF's yuan inclusion signals less risk taking in China

When the International Monetary Fund agrees on Monday to add the Chinese yuan to its reserves basket in the biggest shake-up in more than three decades, the IMF can afford itself a congratulatory nod.

Nov 30, 2015, 09:41 AM IST

China weighs on Asia-Pacific business outlook

Business leaders in the Asia-Pacific are losing confidence in their revenue prospects because of China's cooling economy and perceived higher risks in emerging markets, a survey released Monday showed.

Nov 16, 2015, 15:41 PM IST

China readies for bumper Singles Day online sale tomorrow

Last year, China's biggest online retailer, Alibaba has raked up USD 10 billion sales creating a new record.

Nov 10, 2015, 20:33 PM IST

China issues guideline on reforming $15.7 trillion SOEs

China has unveiled a guideline for reforming management of the country's colossal state-owned assets valued around USD 15.7 trillion as part of a new reform to halt the slide of economy.

Nov 04, 2015, 17:38 PM IST

China economy should not slip below 6.5%: Xi Jinping tells officials

China's annual growth should be no less than 6.5 percent in the next five years to realise the goal of doubling GDP and per capita income by 2020, Xi was quoted as saying.

Nov 03, 2015, 21:26 PM IST

China's annual growth of 6.5% expected through 2020: Li Keqiang

China's government expects to achieve annual economic growth of "at least 6.5 percent" through 2020, the top economic official said, in the first hint of a growth target since a high-level planning meeting last week.

Nov 02, 2015, 18:54 PM IST

China moving towards 'new normal', transition challenging: IMF

The IMF said the biggest risk in China is inadequate progress in advancing reforms and containing vulnerabilities.

Oct 30, 2015, 23:46 PM IST

China endorses new 5-year plan to target medium-high growth

Amid media reports that China plans to cut down its growth target to 6.5 percent from 7 percent, a top CPC body Thursday endorsed the 13th five-year plan which will target "medium-high economic growth" in the world's second largest economy.

Oct 29, 2015, 22:08 PM IST

China may cut GDP target to 6.5% amid economic slowdown

China may cut its GDP growth target to 6.5 percent from 7 percent in its next five year plan from next year at the top policy body of the ruling Communist Party's meet beginning here tomorrow amid continued slowdown of world's second largest economy.

Oct 25, 2015, 21:42 PM IST

China growth rate may fall below 7%: Li Keqiang

China's economy does not need to grow seven percent this year, Chinese Premier Li Keqiang has said, after data last week showed the economy grew at the slowest pace since the financial crisis.

Oct 25, 2015, 19:54 PM IST

China cuts rates again as growth engine stalls

China's central bank cut interest rates on Friday for the sixth time in less than a year, and it again lowered the amount of cash that banks must hold as reserves in a bid to jump start growth in its stuttering economy.

Oct 23, 2015, 19:48 PM IST

China's rise comes with important responsibilities: WH

White House Press Secretary, Josh Earnest, told reporters on Wednesday at his daily news conference.

Oct 15, 2015, 06:36 AM IST

Counterfeit products hurt Alibaba as well as China: Jack Ma

Counterfeit products hurt Alibaba and China's economy as the sale of one fake product could lead to the loss of five customers, co-founder of Chinese e-commerce company Alibaba said.

Oct 12, 2015, 21:46 PM IST

China's January-September FDI up 9%

The growth slowed markedly from a 22-percent jump in August but was still faster than a 5.2-percent increase in July.

Oct 12, 2015, 19:15 PM IST

10,000 startups a day being set up in China to boost economy

More than 10,000 startup firms are being set up everyday in China as part of new reforms initiated by the Chinese government to halt the slide of the economy.

Oct 11, 2015, 17:49 PM IST

Chinese economy slowdown to have spillover effect in Asia: IMF

The expected slowdown in the Chinese economy, a key driver of the global growth, and its sheer size and integration into global economy mean that its performance affects those around it, the IMF said in a blog post on its website.

Oct 05, 2015, 19:20 PM IST

China's manufacturing continues to be weak: Official data

China's manufacturing purchasing managers' index (PMI) came in at 49.8 in September, up from 49.7 for August, according to data released by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP).

Oct 01, 2015, 19:15 PM IST

China central banker calls for more reforms now, warns of cost of delay

China should continue with financial reform now, a senior Chinese central banker said on Friday, warning that costs will increase if reforms are delayed. 

Sep 25, 2015, 08:48 AM IST

China manufacturing index falls to over 6 year low in September

Chinese factory activity shrank at its fastest pace in six and a half years in September, data showed Wednesday, the latest in a litany of bad news undermining hopes of an uptick in the world`s sec

Sep 23, 2015, 15:22 PM IST