China Economy Slowdown

China’s economy is facing a slowdown, with growth dropping from 6.5 per cent before the pandemic to just 4.6 per cent now, and there are concerns that even that number …

<p> <strong>China, which is already staring at multiple economic challenges, now has another problem. An acute power outage driven by an intense heatwave in the country’s southwest region. This has …

<p> <strong>China’s unemployment problem is rising. According to the National Bureau of Statistics (NBS) data the country’s urban youth unemployment rate touched 19.9 per cent in July– the highest since …

<p> <strong>China’s tax revenue is slowing. On one hand the rise in economic uncertainty has impacted businesses, denting business operations and on the other the rolling out of several fiscal …

<p> <strong>China’s manufacturing output measured in terms of purchasing managers' index (PMI) unexpectedly dropped to 49 in July from 50.2 in June, data released by National Bureau of Statistics (NBS) …

<p> <strong>The deepening banking crisis in China could further deal a blow to Beijing’s ambitious Belt and Road Initiative (BRI), which has already run into troubled waters since the outbreak …

<p> <strong>China’s once booming real estate sector and a pillar of economic growth is rapidly losing its sheen with prices of new homes in several major cities nosediving. This could …

<p> <strong>The banking crisis in China’s Henan province could just be the tip of the iceberg. The crisis has been brewing for years especially in the country’s smaller, rural lenders, …

<p> <strong>Policy uncertainty along with Beijing's zero Covid approach and Chinese President Xi Jinping’s call for “common prosperity” have started to dent business sentiments in the country. The world’s second …

<p> <strong>An unprecedented cash crisis is emerging in China’s hinterland.</strong></p> <p> <strong>Deposits of several rural banks have remained frozen for more than a month now. These banks are Yuzhou Xinminsheng …

<p> <strong>China’s zero Covid approach could further push the unemployment rate in the coming months. Amid such stringent restrictions, it will be a tough task for Beijing to provide employment …

<p> <strong>Amid China’s slowing economy, its much-hyped Belt and Road Initiative is set to be further impacted. China, which is grappling with multiple domestic problems leading to an economic slowdown, …

<p> <strong>Stringent lockdowns at several parts of China have hit its economy. In April, retail sales registered a contraction of 11.1 per cent compared to a year ago, data published …

<p> Businesses in China have been braving uncertainties for the last two years since the outbreak of the Covid 19 pandemic but many analysts are now saying that things are …

<p> <strong>Amid rising economic challenges and slowing economic growth, Chinese President Xi Jinping has tried to reach out to the country’s private sector. The urgency to realign with the private …

<p> <strong>Chinese currency, yuan has taken a beating as worries over a possible shutdown of Beijing dented business sentiments. The offshore yuan – the currency that circulates outside mainland China, …

<p> <strong>China’s currency, the yuan, has been losing its value amid rising concerns over the country’s slowing economic growth and disruption in the global supply chain. The yuan is pegged …

<p> <strong>China’s unemployment rate in the last six months has been inching upward—albeit slowly at a time when about 10.76 million fresh graduates would be entering the jobs market. In …

<p> <strong>The ongoing stringent lockdown in the Chinese financial hub of Shanghai following the resurgence of Covid 19 infections will severely affect the country’s overall gross domestic product (GDP). Analysts …

<p> <strong>With the Chinese economy being hit by stringent Covid 19 restrictions almost since the start of this year, Beijing is now set to offer a host of stimulus measures …

<p> <strong>More and more Chinese citizens are opting to remain single and not go in for marriage amid rising job uncertainties and cost of living. This is a cause for …