China has reported its economy logged a mixed performance in November, with retail sales slowing as consumers refrained from spending on non-essentials like cosmetics, alcohol and jewelry.
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China’s economy logs a lackluster performance in November as retail sales slow
China’s Xi calls on party to ‘turn knife inward’ to end corruption
China’s Communist Party must “turn the knife inward” to eliminate problems of discipline, including corruption, President Xi Jinping said, a new call to hunt down corrupt officials and those who corrupt them.
China Races to Squelch Unrest as Signs of Economic Malaise Spread
Faced with rising social frustrations and public unrest, China’s leaders are ramping up security measures and squelching discordant views on the country’s economic health. A spate of deadly attacks in China in recent weeks—including mass…
China’s weak consumption drags on economy as Trump tariff threat looms
China’s industrial output growth quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to ramp up stimulus for a fragile economy as it braces for more U.S. trade …
China’s November retail sales miss expectations as real estate slump deepens
China’s retail sales rose by 3% in November from a year ago, according to National Bureau of Statistics data released Monday, missing the forecast of 4.6% in a Reuters poll. That marked a sharp …
House select committee gives bipartisan approval to the Wuhan “Lab leak” lies about the origins of COVID-19
The report of the House Select Subcommittee on the Coronavirus Pandemic embraces the baseless campaign fomented by the fascist right blaming a Chinese lab for starting the COVID-19 pandemic.
China’s thermal power generation up 1.9% in Jan-Nov despite renewables growth
China’s power generation from fossil fuels inched up 1.9% year-on-year during the first 11 months of the year, official data showed on Monday, pointing to a slight increase for the full year despite a …
China’s consumption recovery continues despite growth slows, stats bureau says
The trend of China’s consumption recovery has not changed despite year-on-year retail sales growth in November having slowed from October, China statistics bureau spokesperson Fu Linghui said at a …
China Nov crude steel output fall on weak margins, demand
China’s crude steel output in November slid 4.3% from October, official data showed on Monday, dampened by falling steel margins and seasonally weakening downstream steel consumption. The world’s …
Riding high: Triumph looks forward after five years of success in China
“We’ve started five years ago, and we’ve grown our market share within China to 10 percent, which is as good as, if not better than, what we achieve in Europe, so there’s clearly a resonance…
Asia wary of Fed rate future, China data disappoints
Figures from China out on Monday showed retail sales rose just 3.0% in November, compared to a year earlier, well below market forecasts of 4.6% and evidence of the need for much more aggressive …
China’s property investment falls 10.4% y/y in Jan-Nov
Property investment in China fell 10.4% in the first eleven months of 2024 from a year earlier, after dropping 10.3% in January-October, National Bureau of Statistics (NBS) data showed on Monday.
China’s factory output quickens in Nov, but consumption still a drag
China’s industrial output quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to ramp up stimulus for a fragile economy as it braces for more U.S. trade …
