China 'strong enough' to handle market turmoil: IMF
International Monetary Fund Managing Director Christine Lagarde said Wednesday that China could weather the turmoil battering its stock exchanges.
Jul 29, 2015, 20:41 PM IST
China leadership to hold key meeting to finalise 5-year plan
As China's continues to grapple with an economic slowdown, the ruling Communist Party Monday called for a key leadership meeting in October to chalk out the next five-year plan to arrest the trend in the world's second largest economy.
Jul 20, 2015, 17:38 PM IST
Manage, meddle or magnify? China's corporate debt threat
Corporate China`s debts, at 160 percent of GDP, are twice that of the United States, having sharply deteriorated in the past five years, a Thomson Reuters study of over 1,400 companies shows.
Jul 20, 2015, 10:24 AM IST
China's economic growth outlook still promising: Xi
President Xi Jinping has reassured local governments that China's economy still enjoys a promising outlook despite downward growth pressure pegging it around seven percent.
Jul 19, 2015, 19:44 PM IST
China's growth steady at 7% as investment rebounds
China`s economy grew an annual 7.0 percent in the second quarter, steady with the previous quarter and slightly better than analyst forecasts, though further stimulus is still expected after the quarter ended with a stock market crash.
Jul 15, 2015, 08:50 AM IST
China's central bank says financial system stable
Economic conditions were complicated and should not be underestimated, the People`s Bank of China (PBOC) said in a statement published on its website.
Jul 14, 2015, 17:07 PM IST
China's economic troubles not good news for India: ASSOCHAM
Economic troubles for China will not be a great news for India which cannot be in `sweet spot` as there would be more negatives than positives from the ripples of a Dragon dragging the shaky world economy, an ASSOCHAM paper has said.
Jul 13, 2015, 15:49 PM IST
China June imports down 6.7% to 890.67 billion yuan: Govt
Exports increased 2.1 percent to 1.17 trillion yuan on-year, and the country`s trade surplus leaped by 45.0 percent to 284.2 billion yuan, the General Administration of Customs said.
Jul 13, 2015, 08:17 AM IST
China market rout, slowing economy sap demand for luxury cars
A dozen BMW stores run by a dealer group with showrooms across China are being forced to provide increasingly steep discounts to entice customers, according to the head of the chain.
Jul 12, 2015, 13:07 PM IST
Greece and China expose limits of 'whatever it takes'
And as long as the Greek government is at loggerheads with its creditors, the central bank can`t wave a magic wand of monetary support without breaking its own rules.
Jul 08, 2015, 11:53 AM IST
China economic uncertainty a potential risk for US chipmakers
Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm Inc that derive a big portion of their sales from the world`s second-largest economy.
Jul 07, 2015, 08:40 AM IST
Chinese stocks rise after Beijing unleashes emergency support
The CSI300 index of the largest listed companies in Shanghai and Shenzhen was up 2.5 percent, while the Shanghai Composite Index had gained 2.2 percent, pulling back after an initial burst of euphoria sent them up around 8 percent when trading began.
Jul 06, 2015, 10:21 AM IST
World Bank warns China over state financial control
The World Bank on Wednesday urged China to accelerate reform of its state-dominated financial sector, warning that failure to address the issue could end "three decades of stellar performance" for the world`s second-largest economy.
Jul 01, 2015, 07:42 AM IST
India to grow at 7.8% in 2015, surpass China: Fitch
Among the BRICS grouping, GDP growth will range from 7.8 per cent in India to a contraction of 3 per cent in Russia and 1.5 per cent in Brazil this year, said the Global Economic Outlook released by the Fitch Ratings.
Jun 30, 2015, 21:58 PM IST
China may invest $500 bn pension fund into stockmarket
China may invest its huge USD 500 billion pension fund into the volatile stock market, a move officials say will keep up its value and improve management as the world's second largest economy faces challenges arising out of growing ageing population.
Jun 30, 2015, 13:17 PM IST
China struggling to meet 7% fiscal target due to slowdown: FM
China is struggling to meet its target of 7 per cent growth rate this year, Finance Minister Lou Jiwei said today, citing slowdown of revenue growth.
Jun 28, 2015, 16:04 PM IST
China regulators juggle IPOs with growth and a market plunge
A 20 percent fall in Chinese stocks over the past two weeks, mainly blamed on a flood of initial public offerings, highlights the risks that regulators face as they try to use the stock market to support the slowing economy.
Jun 28, 2015, 14:52 PM IST
China manufacturing activity contracts in June
The bank`s preliminary Purchasing Managers` Index (PMI) came in at 49.6 in June, the highest in three months but still below the breakeven point of 50, HSBC said in a statement.
Jun 23, 2015, 08:33 AM IST
China trying a policy twist to cut borrowing costs
China is looking for new ways to lower stubbornly high long-term borrowing costs and stop the fruits of its looser monetary policy being pumped into speculative plays instead of supporting its slowing economy, policy insiders say.
Jun 16, 2015, 10:10 AM IST
China auto sales down slightly in May
China`s auto sales fell slightly on a year-on-year basis in May, an industry group said Wednesday, as a slowing economy prompts manufacturers to cut prices and trim production in the world`s largest car market.
Jun 10, 2015, 15:50 PM IST
