China economy

Counterfeit products hurt Alibaba as well as China: Jack Ma

Counterfeit products hurt Alibaba and China's economy as the sale of one fake product could lead to the loss of five customers, co-founder of Chinese e-commerce company Alibaba said.

Oct 12, 2015, 21:46 PM IST

China's January-September FDI up 9%

The growth slowed markedly from a 22-percent jump in August but was still faster than a 5.2-percent increase in July.

Oct 12, 2015, 19:15 PM IST

10,000 startups a day being set up in China to boost economy

More than 10,000 startup firms are being set up everyday in China as part of new reforms initiated by the Chinese government to halt the slide of the economy.

Oct 11, 2015, 17:49 PM IST

Chinese economy slowdown to have spillover effect in Asia: IMF

The expected slowdown in the Chinese economy, a key driver of the global growth, and its sheer size and integration into global economy mean that its performance affects those around it, the IMF said in a blog post on its website.

Oct 05, 2015, 19:20 PM IST

China's manufacturing continues to be weak: Official data

China's manufacturing purchasing managers' index (PMI) came in at 49.8 in September, up from 49.7 for August, according to data released by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP).

Oct 01, 2015, 19:15 PM IST

China central banker calls for more reforms now, warns of cost of delay

China should continue with financial reform now, a senior Chinese central banker said on Friday, warning that costs will increase if reforms are delayed. 

Sep 25, 2015, 08:48 AM IST

China manufacturing index falls to over 6 year low in September

Chinese factory activity shrank at its fastest pace in six and a half years in September, data showed Wednesday, the latest in a litany of bad news undermining hopes of an uptick in the world`s sec

Sep 23, 2015, 15:22 PM IST

China needs to improve economic data quality: IMF

The International Monetary Fund called Thursday for China to improve its economic data, especially on its growth rate, the subject of continued skepticism about its reliability.

Sep 17, 2015, 23:13 PM IST

Goldman Sachs chief Lloyd Blankfein `would not invest in China`

The chairman of investment banking giant Goldman Sachs has slammed China`s handling of its economy, adding he would not currently invest in the country, the Wall Street Journal reported Thursday.

Sep 17, 2015, 17:00 PM IST

China steps on the gas to spark economy, Aug fiscal spending jumps 26%

China cranked up its fiscal spending by 26 percent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend.

Sep 15, 2015, 10:55 AM IST

China economic growth sputters in August, more support measures seen

The downbeat data came on the heels of weak trade and inflation readings, raising the chances that third-quarter economic growth may dip below 7 percent for the first time since the global crisis. 

Sep 13, 2015, 16:05 PM IST

China issues state-firm reform plans, expects results by 2020

The guidelines, jointly issued by the Communist Party`s Central Committee and the State Council, China`s cabinet, will help improve corporate governance and asset management, the official Xinhua news agency said. 

Sep 13, 2015, 15:55 PM IST

China bank lending falls back in August

China`s bank lending retreated in August, the central bank said Friday, after a sharp rise in July when the government directed funds into the stock market.

Sep 11, 2015, 17:08 PM IST

China deflation fears grow as producer prices sink most in 6 years

The producer price index (PPI) fell 5.9 percent in August from the same period last year, its 42nd consecutive month of decline and the biggest drop since the depths of the global financial crisis in late 2009, data showed on Thursday.

Sep 10, 2015, 08:54 AM IST

China capable of maintaining `high` growth: Li

The Chinese government is capable of maintaining high economic growth, Premier Li Keqiang said on Wednesday, after fears the economy was slowing rocked global financial markets in recent weeks.

Sep 09, 2015, 19:52 PM IST

China announces multiple fiscal policies to boost growth

China Wednesday announced proactive fiscal policies aimed at stabilising growth in the world's second largest economy as it grappled with industrial overcapacity, sluggish demand, struggling exports and a volatile stock market.

Sep 09, 2015, 18:35 PM IST

China plans new push to reform state firms: Reports

China is preparing to unveil broad reforms for state-owned companies which will see some firms shut and others introduce more diversified ownership, according to media reports, in moves one analyst called a "game-changer".

Sep 09, 2015, 18:27 PM IST

Chinese premier seeks to quell global markets' China fears

China has fended off the major risks to its financial system while its economic prospects remain positive, Premier Li Keqiang said on Wednesday, as he tried to reassure global markets that Beijing can keep its economy on track and stock markets in check.

Sep 09, 2015, 17:30 PM IST

China to step up fiscal incentives to boost growth

China will adopt "stronger" fiscal policies to support growth, Beijing said as it seeks to sooth increasing fears about the world`s second-largest economy following turmoil in domestic and overseas markets.

Sep 09, 2015, 16:39 PM IST

China August exports fall 5.5%, better than forecasts, but imports disappoint

That left the country with a trade surplus of $60.24 billion for the month, the General Administration of Customs said on Tuesday, compared with forecasts of $48.20 billion. 

Sep 08, 2015, 08:42 AM IST