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China economy
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World's second-largest economy grows 4.7%, below forecast
China's economy grew much slower than expected in the second quarter as a protracted property downturn and job insecurity knocked the wind out of a fragile recovery, keeping alive expectations Beijing will need to unleash even more stimulus.
Quiz: Which country is the largest gold consumer?
This Asian country consumed over 900 tons of gold last year, more than any other nation in the world, according to the World Gold Council.
Chinese people rush to gold amid uncertain economy, crisis-ridden real estate market
People in China have been turning to gold despite rising prices as the precious metal is deemed the best safe haven asset amid economic uncertainties and a crisis-hit property sector.
June 18, 2024 | 10:58 pm PT
China's consumer prices rise for third month, factory deflation persists
China's consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery.
May 10, 2024 | 06:34 pm PT
China trade surges in first two months of 2024
China's exports sharply accelerated in the first two months of 2024, official figures showed Thursday, providing policymakers a bright spot as they battle to revive the world's second-largest economy.
March 6, 2024 | 11:03 pm PT
China factory activity decline deepens in December
China's factory activity decline deepened in December, official data showed Sunday, as Beijing rounded off a year marked by its stuttering economic recovery from the pandemic.
December 30, 2023 | 06:59 pm PT
China factory output, retail sales beat expectations in boost to economic recovery
China's October economic activity perked up as industrial output grew at a faster pace and retail sales growth beat expectations, an encouraging sign for an economy still showing significant pockets of weakness despite a flurry of support measures.
November 14, 2023 | 07:28 pm PT
Bumpy road for China's ride hailing drivers as economy slows
Shanghai driver Zhu Zhimin works 15 hours a day to earn the same money he was making only a few months ago working a regular shift, as he competes with an increasing number of Chinese rushing into the ride-hailing industry.
August 15, 2023 | 07:35 pm PT
China cuts key rates as weak batch of July data darkens economic outlook
A broad array of Chinese data on Tuesday highlighted intensifying pressure on the economy from multiple fronts, prompting Beijing to cut key policy rates to shore up activity but analysts say more support is needed to revitalize growth.
August 15, 2023 | 01:04 am PT
China's consumer prices swing into decline as deflation risks build
China's consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lackluster demand weighed on the economy.
August 8, 2023 | 06:38 pm PT
'Artificially high' growth predicted for China in Q2: survey
China's economic growth is expected to have surged in the second quarter, an AFP survey has forecast, but analysts say Monday's figures will be misleadingly inflated given the low base of comparison with pandemic-wracked 2022.
July 14, 2023 | 06:08 pm PT
Slowing Chinese economy of more concern to EU firms than geopolitics: survey
A slowdown in both the Chinese and global economies is the biggest issue affecting European firms in China, beating political tensions with the United States and decoupling, according to the European Chamber of Commerce in China.
June 20, 2023 | 09:04 pm PT
China cuts short-term interest rate to kickstart economy
China's central bank on Tuesday cut a key policy interest rate, in a surprise move to boost the country's flagging economy.
June 12, 2023 | 11:16 pm PT
Chinese graduates lower their ambitions in moribund jobs market
Applied maths graduate Liang Huaxiao tried to land a job with one of China's tech giants for two years. Then she tried customer service and sales. Then she applied for assistant roles in a bakery and in a beauty parlor.
May 31, 2023 | 06:52 pm PT
China's factory activity falls faster than expected on weak demand
China's factory activity contracted faster than expected in May on weakening demand, heaping pressure on policymakers to shore up a patchy economic recovery.
May 30, 2023 | 06:34 pm PT
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