China Economy News - Latest Updates & Headlines
China's Hainan Free Trade Port faces rising costs, scepticism over 'Freedom' and military intentions
Beijing, December 30: The Chinese Communist Party's official launch of the Hainan Free Trade Port on December 18 has sparked widespread concern among residents and analysts, with rising living costs, strict political controls, and alleged military motivations casting doubt on Beijing's claims of creating a truly "free" trade hub, according to a report by The Epoch Times.
China shifts focus to domestic consumption to stabilise growth amid trade tensions: Report
New Delhi, December 30: China is increasingly turning to domestic consumption as a key stabilising force for growth amid persistent global trade tensions, according to a recent Barclays outlook report, which highlights policy recalibration towards internal demand as external headwinds intensify.
China's Belt and Road Initiative runs into headwinds
New Delhi, Nov 2: China's Belt and Road Initiative (BRI) which has grown into a multi-trillion-dollar geopolitical campaign to spread the footprint of the Asian giant has started to run into headwinds due to Beijing's internal economic struggles and shifting global dynamics, according to a report in Australia's Daily Mirror.
IMF data shows India's economy growing rapidly on strong domestic consumption: Economists
New Delhi, Oct 26: India’s economy continues to expand at a rapid pace, driven by strong domestic consumption, robust manufacturing, and steady growth in the services sector, economists said on Sunday.
China's economic slowdown sharpens, more stimulus expected: Report
New Delhi, Sep 16: China's economic activity has slowed more than expected last month, with a sharp slump in investment raising hopes for governmental stimulus to keep growth in line with official targets, a report has said.
Chinese economy slows but it's weatherable
New Delhi, Sep 15: Key indicators reflected China's factory output and retail sales going through their weakest growth since August last year. Retail sales have slumped, with demand at home weakening, and unemployment continued to tick up, said reports.
Asia buys Asia: India and China lead in local investments, says report
New Delhi, Aug 21: Asia is shifting its considerable savings pool to local investments which is building financial resilience, an HSBC report said on Thursday, adding that India and China are leading the way in this mega trend.
Ageing population, high debt seen as drags on China's growth ahead
New Delhi, Aug 17: China is expected to face an adverse economic impact in the coming decades due to its ageing population and high government debt, according to reports.
UN forecasts global economic growth to drop to 2.4% in 2025, China's economy to 4.6%
New York, May 16: The global economy is under growing pressure, with growth expected to slow to 2.4 per cent in 2025, down from 2.9 per cent in 2024, according to the UN's World Economic Situation and Prospects report.
Some nations like China may devaluate their currencies: Neelkanth Mishra on US tariffs
New Delhi, April 7: As the US reciprocal tariffs hit global markets, Neelkanth Mishra, chief economist at Axis Bank, said on Monday that some countries like China will have no option but to devalue their currencies in the current scenario.
Digitisation, reforms, financial inclusion among factors in India doubling its GDP in 10 years, say experts
New Delhi, March 22: Digitisation, reforms, financial inclusion are among several factors that have contributed to India's economic growth over the past decade, economists have said as IMF data, cited by BJP leader Amit Malviya, showed that the country doubled its GDP from USD 2.1 trillion in 2015 to USD 4.3 trillion in 2025.
China targets 7.2 percent defence budget hike, 5 percent growth despite trade war with US
Beijing, March 6: Even as China faces a potential Trade War over tariffs with the United States, Beijing has pledged to make domestic demand its main economic driver. It has its annual growth targets to about 5 percent, and along with that, it has called for a 7.2 defence budget hike due to rising regional tensions.
US trade tariffs: Domestic challenges remain for China amid high uncertainty
New Delhi, Feb 27: As countries devise new strategies to address trade tariffs imposed by the US government, domestic challenges still remain for China like slow growth in the property sector amid weak consumption, according to a report on Thursday.
Chinese economy much weaker now to withstand tariffs: Moody's
New Delhi, February 3: China's economy is in a much weaker position "this time around" and it will be "substantially harder" for it to withstand a barrage of the US tariffs, Moody's Analytics said.