Chinese economy

China's FDI up 7.8% in May

Foreign direct investment (FDI), which excludes financial sectors, increased to $9.33 billion last month, the commerce ministry said, after a 10.5 percent year-on-year rise in April.

Jun 18, 2015, 10:30 AM IST

Chinese leader calls for innovation as economic growth slows

The TV coverage of Chinese President Xi Jinping's recent visit to an eastern province was Thursday a tour de force of Communist propaganda, showcasing what's seen as an emerging cult of personality around the country's strongest leader in decades.

May 28, 2015, 22:07 PM IST

Loan recovery eludes India's banks, even as growth rate beats China

A recovery in India`s credit growth could elude the country`s banks until early 2016, despite an economy that in the first three months of this year is expected to have outpaced China.

May 25, 2015, 09:23 AM IST

India economic growth to surpass China's in 2015-16: UN report

The mid-year update of the UN World Economic Situation and Prospects (WESP), released today, said India's economy is projected to grow by 7.6 per cent this year and 7.7 per cent in 2016, overtaking China.

May 20, 2015, 00:33 AM IST

China's manufacturing activity hits 12-month low

An index of China`s manufacturing activity fell to a 12-month low in April, HSBC said Thursday, indicating further weakness as growth sputters in the world`s second-largest economy.

Apr 23, 2015, 09:26 AM IST

Hong Kong stocks up 0.28% by break

Hong Kong shares rose 0.28 percent in the morning session Wednesday, tracking an advance in Shanghai as investors bet on further economy-boosting measures by China.

Apr 22, 2015, 09:48 AM IST

Xi says shuns fixation on GDP as Chinese economy slows

With the slowing Chinese economy causing ripples at home and abroad, President Xi Jinping on Saturday said focus should not be fixated on growth rates alone but on the quality of growth.

Mar 28, 2015, 17:45 PM IST

Hong Kong stocks end 0.13% down

Hong Kong stocks ended 0.13 percent lower Thursday following hefty losses on Wall Street, but Shanghai resumed its latest rally on hopes for stimulus measures for the Chinese economy.

Mar 26, 2015, 13:51 PM IST

Hong Kong stocks end up 0.91%, Shanghai surges

Hong Kong shares climbed 0.91 percent Wednesday, tracking another rally in Shanghai on hopes of further measures to stimulate the Chinese economy.

Mar 18, 2015, 14:41 PM IST

Chinese economy more sustainable now: China central bank

China`s economy is now more sustainable and domestic consumption is steadily rising, Chinese Central Bank Vice Governor Yi Gang told a G20 meeting of finance officials earlier this week.

Feb 11, 2015, 08:16 AM IST

Li rules out systemic risks to Chinese economy

Allaying apprehensions over the Chinese economy slowing down to a 24-year low, Premier Li Keqiang pledged to advance comprehensive reform and open China wider to foreign investors while ruling out possibility of systemic financial risks due to fluctuations in the real estate market.

Jan 22, 2015, 13:46 PM IST

Chinese economy not heading for 'hard landing': Li Keqiang

Addressing a gathering at the World Economic Forum (WEF) here, he asserted that China would continue to move on the path of reforms and encouraging innovation.

Jan 22, 2015, 00:45 AM IST

China total GDP revised up 3.4% in 2013

The world`s second biggest economy was valued at 58.80 trillion yuan ($9.5 trillion currently) in 2013, the National Bureau of statistics (NBS) said in a statement, quoting a survey of 70 million businesses across the country. 

Dec 19, 2014, 09:02 AM IST

China's October official PMI edges down to 50.8

The official Purchasing Managers` Index (PMI) eased to 50.8 in October from September`s 51.1, but above the 50-point level that separates growth from contraction on a monthly basis.

Nov 01, 2014, 12:18 PM IST

China to inject $33 billion of 3-month loans into banks: Sources

The injection follows signs that Chinese investors are beginning to bet that the PBOC is going to reduce the official deposit rate, now fixed at 3 percent.

Oct 17, 2014, 23:42 PM IST

China central bank injects $81 billion into major banks

China`s central bank is injecting a combined 500 billion yuan (USD 81.35 billion) of liquidity into the country`s top banks, according to media reports, a sign that authorities are stepping up efforts to shore up a faltering economy.

Sep 17, 2014, 11:33 AM IST

Asian shares mixed as global sentiment sinks

Asian stocks were mixed Friday as investors awaited the release of Chinese economic statistics at the weekend and global sentiment was dampened by the upcoming Scottish independence vote and weak inflation data.

Sep 12, 2014, 15:03 PM IST

Chinese billionaires list touches 300: report

The number of billionaires in China has touched 300 by the end of 2013 mainly due to real estate boom, according to a new annual ranking of the wealthiest individuals in the communist nation, world's second largest economy.

Sep 11, 2014, 17:34 PM IST

China's bad bank loans climbs to $112.84 billion

The non-performing loans for commercial banks in China climbed to USD 112.84 billion in the last four months, registering a increase of 1.08 percent, and sparking concerns a slow economy could weigh on banks.

Aug 16, 2014, 09:49 AM IST

Chinese provinces report slow growth rates

So far China's 31 provinces, municipalities and autonomous regions had released local GDP growth rates for the first six months of the year.

Aug 08, 2014, 14:40 PM IST