[ad_1] China’s factory activity expanded for a third straight month in December, bolstering expectations the economy will reach its annual growth target after Beijing’s stimulus blitz. Company Value Change %Change The official manufacturing purchasing managers’ index was 50.1, the National Bureau of Statistics said Tuesday, above the 50-mark separating expansion and contraction. The median forecast […]
2025 is likely to be one of the worst years for China – CNBC TV18
[ad_1] China, long a global economic powerhouse, is facing a period of slowed growth, with key financial institutions forecasting a tough year ahead. The real gross domestic growth (GDP) in the world’s second-largest economy is expected to grow at the slowest pace since 1990, with the exception of the pandemic period between 2020 and 2022 […]
China’s exports slow sharply in September, adding to worries over the economy – CNBC TV18
[ad_1] China’s exports slowed sharply in September as global demand weakened, adding to worries over how to recharge growth in the world’s second-largest economy. Exports rose 2.4% in dollar terms from a year earlier last month, down from 8.7% year-on-year growth in August, the Chinese customs office reported Monday. Imports rose just 0.3% in September. […]
China holiday spending lags pre-Covid era, showing stimulus need – CNBC TV18
[ad_1] Chinese tourists shelled out less money during their long holiday that ended Monday than before the pandemic, even as signs emerged that spending is stabilizing after a barrage of stimulus recently unveiled by the government. While travelers made 10.2% more trips during the Golden Week break than in 2019, spending only increased by 7.9%, […]
S&P cautious on China’s growth outlook – CNBC TV18
[ad_1] As China unveils its latest stimulus measures aimed at boosting consumption, economists are cautiously optimistic but uncertain if this will be the turning point for the nation’s economy. Louis Kuijs of S&P Global Ratings expressed caution in altering China’s growth outlook, noting that while recent monetary easing efforts are a positive sign, they are […]