China's economy to pick up in H2: Economists
Economists at China`s central bank have sharply lowered their 2015 inflation forecast even as they predicted that stabilising Chinese home prices and firmer foreign demand will drive a pick-up in the world`s second-biggest economy in the next six months.
Jun 10, 2015, 14:40 PM IST
Slide in China's May imports signal need for more stimulus
A bigger-than-expected slide in China`s imports in May strengthened expectations more policy stimulus may be needed to avert a sharp slowdown in the world`s second-largest economy.
Jun 08, 2015, 14:29 PM IST
China economy shows more weakness as imports, exports fall
Chinese imports fell for a seventh straight month in May while exports also sank, data showed today, as the world's second biggest economy shows protracted weakness in the face of government easing measures.
Jun 08, 2015, 10:51 AM IST
China May imports down 18.1% to 803.33 bn yuan: Govt
China`s imports tumbled 18.1 percent year-on-year to 803.33 billion yuan ($129.4 billion) in May, official data showed Monday, suggesting further weakness in the world`s second-largest economy.
Jun 08, 2015, 09:08 AM IST
New toys for flash boys in China's fledgling derivatives market
The rapid liberalisation of Chinese derivatives markets has attracted a new breed of creative traders employing complex trading strategies that can generate quick profits - and an extra dollop of risk - in China`s runaway stock boom.
Jun 07, 2015, 08:40 AM IST
China service sector accelerates in May, new business up most since 2012
Activity in China`s services sector accelerated in May as new business rose at the fastest pace in three years, a private survey showed on Wednesday, a rare piece of good news for policymakers struggling to reviving a cooling economy.
Jun 03, 2015, 08:53 AM IST
China factories scrabble for growth in May, export demand shrinks
The official manufacturing Purchasing Managers` Index (PMI) edged up to 50.2 from April`s 50.1, the National Bureau of Statistics (NBS) said on its website.
Jun 01, 2015, 09:20 AM IST
India tipped to overtake China in Modi's first year despite sluggish feel
Celebrating his first year in office, Prime Minister Narendra Modi has basked in the success of transforming India into the fastest growing major economy.
May 28, 2015, 11:37 AM IST
China has 36 mn people living under extreme poverty: Survey
China has about 36 million people, including four million children below six years, living in 'extreme' poverty, an official survey here said.
May 27, 2015, 18:00 PM IST
China should step up fiscal policy if GDP growth slows sharply: IMF
The IMF expects China`s annual economic growth to be 6.8 percent this year, before slowing further to 6.25 percent in 2016, it said in a report.
May 26, 2015, 15:00 PM IST
China slashes import tax on skincare to shoes to spark domestic demand
The Ministry of Finance said in a statement on Monday it would lower import taxes for some products starting from June 1 by an average of over 50 percent as an "important measure to create stable growth and push forward structural reform".
May 25, 2015, 12:12 PM IST
China slashes import tax on skincare to shoes to spark domestic demand
The Ministry of Finance said in a statement on Monday it would lower import taxes for some products starting from June 1 by an average of over 50 percent as an "important measure to create stable growth and push forward structural reform".
May 25, 2015, 12:12 PM IST
China invites private investors to help build $318 bn of projects
The National Development and Reform Commission said the 1,043 projects, in sectors such as transport, water conservancy and public services, will be done as public-private partnerships (PPP).
May 25, 2015, 10:43 AM IST
China May factory activity shrinks for 3rd month, more stimulus seen
The flash HSBC/Markit Purchasing Managers` Index (PMI) fell to 49.1 in May, below the 50-point level that separates growth in activity from a contraction on a monthly basis.
May 21, 2015, 09:46 AM IST
China confident of meeting 2015 GDP target of around 7%: Premier
Premier Li Keqiang said he was confident China has the ability to meet its 2015 economic growth target of around 7 percent, the official news agency Xinhua said on Thursday.
May 21, 2015, 09:44 AM IST
China to spend $40 bn on railways to support economy
China`s top economic planning body has approved the construction of six railways expected to cost some 250 billion yuan ($40.8 billion) to support the faltering economy, a report said Monday.
May 18, 2015, 21:29 PM IST
China bank lending slowed in April: Central bank
Domestic banks extended new loans of 707.9 billion yuan (USD 115.9 billion), the People's Bank of China (PBoC) said in a statement, down from 1.18 trillion yuan in March.
May 13, 2015, 17:03 PM IST
China cuts interest rates for 3rd time in six months as economy sputters
China cut interest rates for the third time in six months on Sunday in a bid to lower companies` borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century.
May 11, 2015, 10:46 AM IST
China April HSBC services PMI hits 2015 high, stock rally boosts business for some
The services PMI rose to a four-month high of 52.9 in April from 52.3 in March, comfortably above the 50-point level that separates expansion from a contraction in activity on a monthly basis.
May 06, 2015, 08:23 AM IST
'China's economy seen slowing to 6.8% in Q2'
The forecast by the State Information Centre backed last month`s move by China`s central bank to cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, to combat slowing growth.
May 04, 2015, 08:34 AM IST
