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Chinese economy

  • HSBC chair meets Chinese vice president in effort to deepen ties: state media

    January 22, 2024

    Chinese Vice President Han Zheng met with HSBC chair Mark Tucker in Beijing on Monday and urged the Asia-focused lender to deepen cooperation with the country, according to state media Xinhua.

  • China keeps loan rates steady despite sluggish economy; economists expect reserve ratio cut

    January 22, 2024

    The People's Bank of China (PBoC) kept its loan prime rates unchanged on Monday, despite concerns about a potential downturn in the property sector, a slowing economy, and subdued investor sentiment.

  • China’s 2023 odyssey: economy grows by 5.2 per cent, population declines by two million 

    January 17, 2024

    China's economy grew by 5.2% in 2023, but a 2 million population decline highlighted challenges from a slowing property market and demographic pressures.

  • China’s central bank unexpectedly keeps lending rates steady; stocks recover from early slump

    January 15, 2024

    The People's Bank of China has defied market expectations of providing a much-needed economic boost through additional easing measures by opting to maintain a crucial interest rate unchanged.

  • China arrests head of consulting agency as ‘British spy’

    January 8, 2024

    Chinese security services have arrested the head of an overseas consulting firm who authorities claim was acting as a British spy

  • Falling pork prices drags China back into deflation as recovery continues to stumble

    November 9, 2023

    China's recovery from the Covid lockdowns faced another blow as the economy slipped back into deflation in October.

  • China central bank: Don’t worry about growth – we’ll clear five per cent

    November 8, 2023

    China will surpass its 5 per cent growth rate target, the country's central bank chief has said

  • IMF upgrades China’s GDP growth forecasts despite real estate crisis

    November 7, 2023

    China's economy is set to grow 5.4 per cent this year, having made a "strong" post-Covid recovery, the IMF said on Tuesday.

  • Shanghai Surprise: Chinese manufacturing slips in worrying sign for world economy

    October 31, 2023

    Lower than expected manufacturing numbers have spooked Asian markets this morning as China provides warning on state of global economy

  • Why China has opted for more stimulus — and why experts are not convinced it will work

    October 25, 2023

    China is rolling out a fresh stimulus package to support its economy, in a sign that the ruling Communist party is growing anxious at the sluggish performance over recent months.

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