Chinese economy

China's economic growth falls to 0.4% amid virus shutdowns

The world's second-largest economy shrank by 2.6%, compared with the January-March period's already weak quarter-on-quarter rate of 1.4%, official data showed Friday. Compared with a year earlier, which can hide recent fluctuations, growth slid to a weak 0.4% from the earlier quarter's 4.8%.

Jul 15, 2022, 12:40 PM IST

China reports 338 new COVID cases for July 12 vs 424 a day; outbreak hits Shanghai economy

As of Tuesday, mainland China had confirmed 226,909 cases with symptoms. China`s capital Beijing reported no new local symptomatic cases, compared with none a day earlier, and no local asymptomatic cases versus zero the previous day, the local government said.

Jul 13, 2022, 14:21 PM IST

Economic aggression of CCP fails miserably, China is suffering worst blackouts

China has also formally threatened Australian wine with higher tariffs and shipments of Australian lobsters have also been experiencing delays.

Dec 28, 2020, 10:11 AM IST

As China’s economy slows down, Xi Jinping says ‘be ready to deal with risks’

Take all the necessary precautionary steps and be vigilant about any risks that could jeopardise China's stability and reforms, Xi Jinping told officials.

Jan 22, 2019, 20:04 PM IST

India remains fastest growing economy ahead of China despite up and downs

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth.

Jan 01, 2019, 13:45 PM IST

China says will further open up its economy, slams rising protectionism

Chinese Premier Li Keqiang did not directly refer to China`s bruising trade war with the United States.

Nov 12, 2018, 11:03 AM IST

China launches artificial intelligence to prevent its young people from committing suicide

Not having enough youth is already a demographic time bomb for China socially, politically and economically. And, suicides are making the problem worse.

Feb 07, 2018, 20:19 PM IST

China releases Arctic Policy: Trade, natural resources and food are key areas of focus

The Arctic Policy outlined the rationale that China is likely use to ensure access to the resources of the region.

Jan 26, 2018, 22:13 PM IST

World Bank praises Narendra Modi government, projects 7.3 percent growth for India in 2018

In comparison with China, which is slowing, the World Bank is expecting India to gradually accelerate.

Jan 10, 2018, 06:14 AM IST

China fails to keep promises, European Union body complains

European companies suffer from "promise fatigue" over China's failure to follow through on pledges to open its market, the EU Chamber of Commerce in China said today.

Sep 19, 2017, 12:54 PM IST

India Vs China: A comparison of economic growth

Here is a comparison between Indian and Chinese economy

Sep 05, 2017, 13:41 PM IST

IMF could be based in Beijing in a decade, says chief

The International Monetary Fund (IMF) could be based in Beijing in ten years if the Chinese economy continues its growth momentum, IMF Managing Director Christine Lagarde has said.

Jul 25, 2017, 13:53 PM IST

Build economy first, then aircraft carriers: Chinese daily to India

India should focus more on its economy rather than building its aircraft carriers to check China`s increasing presence in the Indian Ocean, an influential daily said on Monday.

Apr 24, 2017, 14:59 PM IST

IMF worried over credit boom in China which can be 'dangerous'

The IMF has raised concerns over China's credit boom which has more than doubled in less than a decade, saying this can be "dangerous" for the world's second largest economy.

Apr 20, 2017, 13:44 PM IST

Surging homeowner loans in China raise alarms over debt

Chinese household debt has risen at an "alarming" pace as property values have soared, analysts say, raising the risk that a real estate downturn could send shockwaves through the world`s second largest economy.

Nov 27, 2016, 13:55 PM IST

China's contribution to world economy to be 30% in next 5 years

The transition of China's economy would become an important driver of global economic growth, the Global Times quoted Chi Fulin, director of the China Institute for Reform and Development, as saying.

Oct 30, 2016, 13:44 PM IST

Chinese economy facing major challenges, warns top planner

China's economy, currently on a slowdown mode, is facing challenges in investment and trade and may have to make "arduous efforts" to attain 6.5 percent to seven percent growth target for this year, China's top economic planner warned today ahead of the G20 summit.

Aug 31, 2016, 17:56 PM IST