BANGKOK — China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in factory output, income and …
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China’s Communist Party meets to set direction for troubled economy
After months of unexplained delay, top officials from China’s ruling Communist Party are gathering in Beijing this week to signal the direction forward for the world’s second largest economy as it …
China’s economy slowed in the last quarter as weak consumer demand dragged on growth
BANGKOK — (AP) — China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in factory output, …
The 13th China Children’s Theater Festival kicks off in Beijing
The Cat God in the Forbidden City, a popular song and dance drama, opens the 13th China Children’s Theater Festival in Beijing on July 12, 2024.[Photo provided to chinadaily.com.cn] Held alongside the festival will be…
Beijing’s retailers rebel against rent hikes, stalling any return to pre-pandemic levels
Rents, which account for around 30 per cent of total costs, have lagged behind the economy, because leases usually last for three years Beijing’s retailers are resisting increases in rental charges in …
Beijing sees surge of new shopping malls in H1
Beijing added 470,000 square meters of commercial spaces in the first half of this year, and more shopping malls are still in the pipeline. The city anticipates adding a total of nearly 1 million …
Conference to boost global basic science exchange opens in Beijing
The International Congress of Basic Science (ICBS) was inaugurated in Beijing on Sunday, bringing together more than 800 scientists and scholars from home and abroad. The congress focuses on three …
China’s Communist Party will signal its approach to the country’s challenges at a meeting this week
China’s ruling Communist Party is starting a four-day meeting that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and …
China Wraps Up First Case of Failed IPO Candidate Suing SZSE
(Yicai) July 10 — China has closed its first case of a company suing the … The court did not disclose the name of the IPO-hopeful. The company had been dissatisfied with a decision of…
China’s economy seen slowing in Q2 as stimulus calls grow
BEIJING (Reuters) – China’s economy likely slowed in the second quarter as a protracted property downturn and job insecurity weighed on domestic demand, keeping alive expectations Beijing will need to …
China’s GDP recovery likely lost steam in Q2 as consumption sags
BEIJING (Reuters) -China’s economy likely grew 5.1% in the second quarter from a year earlier, slowing from a strong start in the first three months due to sluggish consumer demand, keeping alive …
China’s beer market, the world’s largest, set for bounce as drinkers go high-end
“The European Cup ignites the ‘beer economy,'” Chinese online database QiChaCha said, adding that China’s beer industry had shown a clear trend towards high-end offerings. China, the world’s largest …
China, Russia start joint naval drills
China and Russia’s naval forces have kicked off a joint exercise at a military port in southern China on Sunday, official news agency Xinhua reported, days after NATO allies called Beijing a “decisive …