Tag: Economy
China GDP Growth 5.3% in Q1, Beats Estimates
China’s economy exceeded forecasts in the first quarter, with a 5.3% annual growth in GDP, fueled by robust exports and manufacturing investment. Reduced domestic demand [more…]
Premier Li Qiang: China GDP Grows 5.2%
According to Premier Li Qiang’s statement on Tuesday at the World Economic Forum in Davos, Switzerland, China’s GDP is predicted to rise by 5.2% in [more…]
PBOC Keeps Prime Lending Rates Steady
The benchmark lending rates of Chinese banks have not changed, suggesting that more monetary easing is anticipated in the first part of 2024. After reducing [more…]
China Factory Activity Contracted in November, Overall Activity Sees Expansion
In November, China’s manufacturing activity shrank for a second straight month, according to a National Bureau of Statistics official survey. The manufacturing sector’s official purchasing [more…]
China Foreign Investment Goes Negative For The First time
China’s foreign investment was negative $11.8 billion in the third quarter, marking the first outflow in the country’s foreign investment since 1998. Higher interest rates [more…]
PBOC Makes Largest Cash Injection in Three Years
China’s central bank has increased liquidity support to the banking system by conducting medium-term lending facility (MLF) operations worth 789 billion yuan ($107.96 billion) to [more…]
China’s Foreign Trade Reaches High for 2023 in September
According to official data released on Friday, China’s foreign trade in September experienced month-over-month growth for the second consecutive month, with trade volume reaching a [more…]
