Economic Indicators

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An employee works at a textile factory in Sihong in eastern China’s Jiangsu province. Photo: AFP

China's economic recovery

Economic Indicators

Explainer | Manufacturing leads China’s economic recovery, but downward pressure remains

Manufacturing activity in China improved in November, but services and construction activity saw slight dips.

5 Dec 2024 - 2:00AM

China's economic recovery

‘Trade environment’ concerns dampen China’s services activity: Caixin PMI

4 Dec 2024 - 3:16PM

China's economic recovery

China’s efforts to lure foreign investment clouded by Trump presidency: analysts

2 Dec 2024 - 5:37PMvideocam

Economic Indicators

China manufacturing

China’s factory activity hits 5-month high in November: Caixin PMI

China’s Caixin/S&P Global manufacturing purchasing managers’ index rose to 51.5 in November, data released on Monday showed.

2 Dec 2024 - 10:00AMvideocam

Employees work on a production line of drones intended for export at a factory in Ruichang, in China’s eastern Jiangxi province. Photo: AFP

Economic Indicators

China's economic recovery

China’s manufacturing sector expands in November, reflecting impact of stimulus

The manufacturing purchasing managers’ index rose to 50.3 in November, keeping China’s economy in positive territory.

2 Dec 2024 - 9:10AM

Economic Indicators

China's economic recovery

China’s industrial profits drop in October as property slump flows downstream

A decline in profits for China’s large firms was reported in October, with those linked to property and retail hit hardest.

27 Nov 2024 - 7:30PMvideocam

China Economy

China's economic recovery

China hits jackpot with discovery of ‘massive’ gold reserves in Hunan

The US$80 billion hoard is the latest fruit of China’s drive to find new domestic precious minerals reserves.

22 Nov 2024 - 6:00PM

Demand for gold has surged in China over the past two years, as consumers and investors react to domestic and global economic uncertainty. Photo: Shutterstock

China Economy

China's economic recovery

Why are consumers in some of China’s smaller cities outspending metropolitans?

People face less daunting financial pressures and lesser debt burdens in smaller Chinese cities, with relatively stable expectations about the future.

20 Nov 2024 - 10:24AMvideocam

China’s second- and third-tier cities are seeing retail spending bounce back faster than in first-tier cities. Photo: Reuters

Economic Indicators

China’s youth-jobless rate hovers above 17% for fourth consecutive month

Unemployment rate for the 16 -24 age group, excluding students, stood at 17.1 per cent in October.

18 Nov 2024 - 5:41PM

Economic Indicators

China's population

China’s lonely-heart crisis fuels a growing ‘companionship economy’

As Chinese society becomes more atomised, consumers devoid of human interaction are increasingly opening their wallets to stave off loneliness.

17 Nov 2024 - 5:00PM

China Economy

China’s crackdowns

China’s tax man is coming for live-streamers who evade taxes

Huge fines are being imposed on high-profile internet celebrities and streaming hosts, as state authority says they must set a positive example for fans.

15 Nov 2024 - 11:16PMvideocam

China’s highest tax authority is on a mission to ensure that internet streamers pay their fair share of taxes. Photo: Getty Images

Economic Indicators

China's economic recovery

Explainer | ‘Little room for complacency’: 6 takeaways from China’s October economic data

China’s retail sales continued to improve in October following a raft of stimulus policies, but property investment remained a drag.

15 Nov 2024 - 7:30PM

A woman walks beside a shopping mall in the central business district in Beijing. Photo: EPA-EFE

China Business

China’s new home prices slow 17-month decline after support measures kick in

Prices across 70 cities fell for the 17th month in October, but at a slower pace, suggesting support measures may be stabilising the market.

15 Nov 2024 - 12:14PM

Economic Indicators

China's economic recovery

‘Decisive support’ needed to sustain China’s momentum despite stimulus lift

China’s retail sales continued to improve in October following the raft of stimulus policies, but property investment remained a drag.

15 Nov 2024 - 5:12PM

China Economy

China's economic recovery

Can a flurry of winter tourism, sports help thaw China’s economy?

As northern temperatures start to plunge, China’s State Council issues guidelines for the enhanced cultivation of a ‘snow and ice economy’.

12 Nov 2024 - 4:00PMvideocam

China’s Harbin Ice Festival attracts millions of tourists every year, boosting the local economy. Photo: Xinhua

Economic Indicators

China inflation

Explainer | ‘Deflationary pressure remains’: 4 takeaways from China’s inflation data

Consumer price growth in China slowed in October, while the cost of goods at the factory gate fell for the 25th month in a row.

11 Nov 2024 - 11:57AM

A customer shops for cabbages at the vegetable section of a supermarket in Beijing. Photo: Reuters

Economic Indicators

China inflation

China’s inflation edges up, but pressure remains despite monetary easing

Consumer prices in China nudged higher in October, while the cost of goods at the factory gate fell for the 25th month in a row.

11 Nov 2024 - 9:06AM

Policy

China’s economic stimulus

Not ‘whatever it takes’: China’s stimulus strategy seen as long and intact

Beijing’s reluctance to use strong measures to rapidly turn tide of sluggish economy keeps markets, consumers and analysts waiting in wonder.

9 Nov 2024 - 6:40AMvideocam

Banking & Finance

Banking & finance

Hong Kong’s base interest rate drops to 5% in second cut

Together with the half-percentage-point cut in September, Hong Kong’s key rate has now fallen back to February 2023’s level.

8 Nov 2024 - 11:06AM

View of Hong Kong from the Hong Kong Monetary Authority (HKMA) headquarters at IFC in Central district on October 9, 2024. Photo: May Tse

Economic Indicators

Explainer | China exports surge, but trade war fears rise: 5 insights from October data

China’s exports last month posted their fastest growth since July 2022, while imports fell.

8 Nov 2024 - 9:37AM

A container is lifted by a crane backdropped by the construction of the Chinese-funded port in Chancay, Peru. Photo: AP

Economic Indicators

China’s export growth hits 27-month high as Trump’s tariffs loom large

China’s exports grew at a time Beijing is eager for trade to help meet the annual economic growth target.

7 Nov 2024 - 6:19PM

Economic Indicators

China's economic recovery

Explainer | Too soon for China to count its chickens? October’s activity data hints at rally

Indices of sentiment in China’s manufacturing sector both returned to expansion in October, while non-manufacturing also improved.

6 Nov 2024 - 1:31AM

Economic Indicators

China's economic recovery

China’s services activity picks up as stimulus impact emerges: Caixin PMI

Caixin/S&P Global services purchasing managers’ index (PMI) grew to 52 in October, matching the official PMI released last week.

5 Nov 2024 - 10:44AM

A woman wearing a face mask shops in a food store in Beijing. Photo: EPA-EFE

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