Showing posts with label Chinese economy. Show all posts
Showing posts with label Chinese economy. Show all posts

Saturday, May 9, 2015

China exports, imports fall sharply in April


China's exports and imports tumbled in April, dashing hopes of a seasonal rebound and underscoring concerns over the soggy trade picture in the world's second biggest economy.

Thursday, October 30, 2014

World Bank urges China to cut economic growth target to seven percent in 2015, focus on reforms

(Reuters) - China can cut its economic growth target to 7 percent next year without hurting its labor market, the World Bank said on Wednesday even as it urged Beijing to get rid of rigid growth objectives.

Friday, October 24, 2014

South Korea third-quarter GDP rebounds but global headwinds raise uncertainty

(Reuters) - South Korea's economic growth quickened in the third quarter led by private consumption and construction spending, but quarterly exports declined for the first time in a year in a sign of cooling global growth that should keep the door open for more monetary easing.

Monday, September 22, 2014

Growth in China's factory sector seen stalling in Sept

BEIJING (Reuters) - Growth in China's large factory sector probably stalled in September, adding to worries the economy could be at risk of a sharper slowdown unless Beijing rolls out more stimulus measures, a Reuters poll showed on Monday.

Friday, June 13, 2014

China Pledges Spending and Lower Taxes in Growth Effort

China announced new steps aimed at bolstering slowing economic growth by cutting taxes, spending more on developing the Yangtze River region and expanding financing for exporters.

Monday, June 9, 2014

China's trade surplus rises to $36bn in May

China's exports grew in May but a drop in imports signalled a possible weakening of demand in the world's second-largest economy.

Thursday, April 10, 2014

China's March exports shrink, adding to danger of job losses as economy slows

BEIJING – China's exports unexpectedly fell in March, raising the danger of job losses as Beijing tries to overhaul its slowing economy.

Tuesday, March 25, 2014

Hong Kong's soaring bank exposure to China sparks credit concerns

(Reuters) - In just a few years, Hong Kong banks have ramped up lending to China from near zero to $430 billion, fuelling concerns about their credit exposure to the mainland at a time when sliding economic growth and defaults are making investors nervous.

Friday, March 14, 2014

Sunday, February 9, 2014

China Must Tolerate Some Volatility in Market Rates, PBOC Says

China’s central bank said reasonable volatility in money-market interest rates must be tolerated as it manages liquidity in the country’s financial system to rein in credit growth.

Friday, December 13, 2013

Shares in Chinese ‘Bad Bank’ Surge in Hong Kong Debut

HONG KONG — Shares in the state-run ‘‘bad bank’’ China Cinda Asset Management rose as much as 33 percent on their trading debut in Hong Kong on Thursday after the bank raised around $2.5 billion last week on huge demand for its initial public offering.

Sunday, September 15, 2013

China’s Bottom Line: Slower GDP Growth, but With Steady Employment

“Though lower than the near double-digit rates seen in previous years, a growth in the neighborhood of 7.5 percent is still considered high for any major economy in the world,” Premier Li Keqiang said in a Sept. 11 speech at the World Economic Forum meeting in Dalian.

Saturday, August 17, 2013

Hong Kong Raises ’13 Growth Outlook on Second-Quarter Spurt

Hong Kong’s economy expanded more than estimated in the second quarter on consumer spending and investment, prompting the government to raise its estimate for the full-year expansion.

Thursday, July 18, 2013

I.M.F. Tells China of Urgent Need for Economic Change

WASHINGTON — China’s growth has slowed significantly in recent months. But even its current pace of expansion may not be sustainable, the International Monetary Fund warned on Wednesday, unless China starts making significant and systemic economic changes — and soon.

Sunday, May 26, 2013

Asia's Week: China Still on (Economic) Flu Watch

While Asia basked another week in generally favorable economic winds–minus that little 7% stock squall in Japan in Thursday, whatever that was about–there remained an undercurrent of worry about China.

Wednesday, May 15, 2013

China Stocks Fall Amid Economy, Property Concerns

China’s stocks fell the most in three weeks after JPMorgan Chase & Co. cut its growth outlook for the nation’s economy and concern grew the government is introducing more property restrictions to limit gains in housing prices.

Monday, May 13, 2013

China's debt problem sparks worries

China's credit boom has saddled unworthy businesses with large loans, fueled the country's shadow banking system and put local governments on the hook for billions.

Tuesday, April 9, 2013

China 'ultra high-speed growth could be over'

China’s “ultra-high speed” economic growth, which many see as key to a global recovery, is probably over, according to the country’s president.

Wednesday, March 13, 2013

China's auto sales up 19.5 percent in Jan-Feb

BEIJING (AP) — China's auto sales accelerated in the first two months of this year, rising 19.5 percent over the same period of 2012 in a possible positive sign for an economic recovery.