China’s economy rebounded in 2021 from its pandemic-induced slump helped by robust exports but the pace slowed further in the fourth quarter off the back of weak consumption and a property downturn, …
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China’s economy loses steam as COVID-19 erupts, c.bank cuts rates
China’s birthrate falls to 61-year low despite moves to stave off demographic crisis
Beijing has announced major reforms to address the decline, including raising the retirement age and implementing a three-child policy …
China’s Home Market Slump Persists on All Fronts, Hurting Growth
China’s property market slump persisted in December, contributing to an economic slowdown that spurred policy makers to cut a key interest rate.
GLOBAL MARKETS-Stocks mixed as Beijing adds stimulus, Brent tops 2021 high
Share markets were choppy on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions on consumer spending, prompting Beijing to again ease monetary policy.
Omicron penetrates China’s political, financial and tech hubs
China has detected locally-transmitted omicron infections in the capital Beijing, the financial center Shanghai, and Guangdong, which together account for one-fifth of the country’s GDP.
China’s economy grows 8.1 per cent in 2021, slows in second half
That has potential global repercussions, depressing Chinese demand for steel, consumer goods and other imports. China rebounded quickly from the coronavirus pandemic, but activity slowed as Beijing …
China’s annual crude oil imports drop for first time in 20 years
China’s annual crude oil imports slid 5.4% in 2021, dropping for the first time since 2001, as Beijing clamped down on the refining sector to curb excess domestic fuel production while refiners drew …
Cities in China on high COVID-19 alert as peak Chinese New Year travel season starts; Omicron spreads
BEIJING: Several Chinese cities went on high COVID-19 alert as the Chinese New Year holiday travel season started on Monday (Jan 17), requiring travellers to report their trips days before their …
China anti-virus measures in full-force after Beijing case
Beijing’s first reported case of the omicron variant has prompted stepped-up measures in the nation’s capital, just weeks before it hosts the Winter Olympic Games. Following the positive test …
China’s birth rate drops to record low in 2021
The birth rate in mainland China in 2021 dropped to a record low of 7.52 births per 1,000 people, National Bureau of Statistics data showed on Monday.
China will grow faster in 2022 than it did in 4Q21 with easier monetary and fiscal policy
Easier monetary policy was confirmed by today’s MLF cut. Before that, the central government had instructed local governments to be more active …
Good news, worrisome concerns as China hits $6 trillion trade figure
The General Administration of Customs has just released China’s 2021 trade figures. Total trade volume reached $6.05 trillion amid a ravaging worldwide pandemic resulting in anemic global demand. Both …
Luxury brands see great potential in Viet Nam
Vietnam pales in comparison with Japan and China in regard to the size of the luxury market, but it has a great potential to become a highly profitable market in the near future.
