China economy

China February trade surplus hits record $60.6 bn: Govt

Exports leapt 48.3 percent year-on-year to $169.2 billion while imports fell 20.5 percent to $108.6 billion, Customs said on its website. 

Mar 08, 2015, 14:47 PM IST

China lowers GDP growth target to 7% amid slowdown

The growth target for 2015 is also lower than the 7.4 per cent economic growth rate registered in 2014, its weakest annual expansion since 1990.

Mar 05, 2015, 08:28 AM IST

China Feb HSBC services PMI edges up to 52.0 as orders improve

The HSBC/Markit Services Purchasing Managers` Index(PMI) picked up to 52.0 last month from January`s 51.8 and remained above the 50-point level that separates contraction from growth in activity on a monthly basis.

Mar 04, 2015, 10:05 AM IST

China February HSBC PMI at 7-month high but deflation risk persists

The final HSBC/Markit Purchasing Managers` Index (PMI) climbed to 50.7 in February - the strongest level since July - from 49.7 in January, as overall new orders picked up.

Mar 02, 2015, 09:56 AM IST

China manufacturing expands in February: HSBC

British banking giant HSBC said its preliminary purchasing managers' index (PMI) reading for this month came in at a four-month high of 50.1, up from 49.7 in January.

Feb 25, 2015, 23:28 PM IST

China February factory activity at 4-month high

Employment in factories shrank as well for the 16th straight month as firms dismissed workers to adjust to slower business.

Feb 25, 2015, 08:49 AM IST

China January inflation hits 5-year low, strengthens case for more policy easing

China's annual consumer inflation hit a five-year low in January while factory deflation deepened, underscoring persistent weakness in the economy and heaping more pressures on policymakers to step up their efforts to support growth.

Feb 10, 2015, 07:55 AM IST

China cuts bank reserve ratio to boost economy

China's central bank said on Wednesday it would make an across-the-board cut in the percentage of funds banks must hold in reserve, the first such cut in nearly three years as the world's second-largest economy falters.

Feb 04, 2015, 21:51 PM IST

China manufacturing shrank again in January

But the result still showed shrinkage in the manufacturing sector of the world`s second-largest economy, a key driver of global growth. PMI readings above 50 point to growth.

Feb 02, 2015, 08:21 AM IST

China's fiscal revenue growth declines to 23-year low

Chinese Finance Ministry said fiscal revenue stood at 14.04 trillion yuan (USD 2.3 trillion) compared to USD 2.11 trillion in 2013.

Jan 30, 2015, 14:57 PM IST

China should not be judged by GDP alone: Xi Jinping

Chinese President Xi Jinping Saturday said that China should not be judged by GDP alone, days after the country recorded last year's economic growth at 7.4 percent, missing the official target and slumping to a 24-year low.

Jan 24, 2015, 20:26 PM IST

Who's afraid of China's economy slowing? Not Alibaba's Jack Ma

Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn`t worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland.

Jan 23, 2015, 18:39 PM IST

China`s e-commerce transactions hit $2 trillion in 2014

China`s e-commerce boomed in 2014 with transactions reaching around 13 trillion yuan ($2.09 trillion), the government said Wednesday, as Beijing looks online for new drivers of growth.

Jan 21, 2015, 16:55 PM IST

China`s Xi Jinping gets 62% pay rise: Report

Xi`s basic monthly pay will go up to 11,385 yuan ($1,832) from 7,020 yuan, the China Daily said, citing announcements by the ministry of human resources and social security.

Jan 20, 2015, 19:16 PM IST

China denies becoming world's largest economy on PPP terms

China Tuesday refuted claims that it has overtaken the United States as the world's largest economy on purchasing power parity (PPP).

Jan 20, 2015, 18:53 PM IST

China posts weakest annual growth in 24 years

China`s economic growth held steady at 7.3 percent in the fourth quarter from a year earlier, slightly better than expected but still hovering at its weakest since the global financial crisis, keeping pressure on policymakers to head off a sharper slowdown.

Jan 20, 2015, 10:11 AM IST

China shares slump 7.70%, biggest fall in six years

Chinese shares closed down 7.70 percent on Monday, the biggest fall in more than six years, after regulators cracked down on margin trading that has fuelled a market rally, analysts said.

Jan 19, 2015, 13:35 PM IST

China growth hit 24-year low in 2014: Survey

China`s annual GDP growth slowed to its weakest rate in more than two decades in 2014, according to an AFP survey, projecting further deceleration in the world`s second-largest economy this year.

Jan 18, 2015, 09:51 AM IST

China unveils fresh support measures as economy shows renewed weakness

China announced fresh support measures on Friday for its slowing economy after data showed a worrying drop in bank lending and foreign investment growth falling to a two-year low.

Jan 16, 2015, 12:31 PM IST

China's FDI growth slows in 2014 as economy cools, outbound investment soars

China attracted a record $119.56 billion from foreign investors last year compared to $117.6 billion in 2013.

Jan 16, 2015, 08:43 AM IST