Economy


Caixin: Factory activity fastest in a decade

ACTIVITY in China’s factory sector accelerated at the fastest pace in a decade in November, a business survey showed, the latest sign that the world’s number two economy is well on track to recovery from ...

December 2, 2020, Wednesday


Factory activity, services in China hit multi-year high

CHINA’S factory activity expanded at the fastest pace in more than three years in November, while growth in the services sector also hit a multi-year high, as the country’s economic recovery from the ...

December 1, 2020, Tuesday


Economic recovery speeds up in Q3

CHINA’S economy powered ahead in the third quarter, data showed yesterday, building on a strong recovery from coronavirus lockdowns, while the country’s crucial army of consumers picked up their spending ...

October 20, 2020, Tuesday


Golden Week holiday adds fuel to economic recovery

CHINA’S eight-day Golden Week holiday has reflected the country’s impressive recovery and its economic bounce back from the COVID-19 epidemic, with more than half a billion people on the move for a long-awaited ...

October 9, 2020, Friday


World Bank predicts China economy to grow by 2%

CHINA’S economy is expected to grow by 2 percent in 2020, up from the 1 percent growth projection released in June, the World Bank said yesterday. The growth will be boosted by government spending, strong ...

September 30, 2020, Wednesday


July CPI jumps 2.7% on higher food prices

CHINA’S consumer inflation accelerated for the second straight month in July on the back of higher food prices, official data showed yesterday. Consumer price index, the main gauge of inflation, grew ...

August 11, 2020, Tuesday


Caixin PMI expands at fastest rate in 9 years

CHINA’S factory activity expanded at its fastest pace in July since 2011 as domestic demand continued to improve after the pandemic, a private business survey showed yesterday. The Caixin/Markit Manufacturing ...

August 4, 2020, Tuesday


Economic recovery remains on track

CHINA’S economic activities remain on track for recovery as the latest data revealed an accelerated resumption across the board. But the economy still faces challenges from the global spread of the novel ...

June 16, 2020, Tuesday


China’s May CPI moderates to 2.4%

CHINA’S consumer inflation eased in May on retreating food prices while factory prices continued to drop, official data showed yesterday. The Consumer Price Index, a main gauge of inflation, rose by a ...

June 11, 2020, Thursday


Shanghai’s GDP falls 6.7% in Q1, tech bucks the trend

SHANGHAI’S gross domestic product declined 6.7 percent in the first quarter amid the COVID-19 pandemic, though industries led by the digital economy bucked the trend, according to Shanghai Bureau of Statistics. ...

April 21, 2020, Tuesday




 

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