China Economy Slowdown

India stands good chance of filling up niche global supply chains: WTO director

India stands a good chance of filling in a suitable position in manufacturing, leaving behind several South Asian countries including…

2 years ago

Power crisis in China forces top companies to shut down factories

<p> <strong>China, which is already staring at multiple economic challenges, now has another problem. An acute power outage driven by…

2 years ago

Youth unemployment in urban China surges to nearly 20 per cent

<p> <strong>China’s unemployment problem is rising. According to the National Bureau of Statistics (NBS) data the country’s urban youth unemployment…

2 years ago

China’s tax collection slowing down

<p> <strong>China’s tax revenue is slowing. On one hand the rise in economic uncertainty has impacted businesses, denting business operations…

2 years ago

China’s factory output contracts in July

<p> <strong>China’s manufacturing output measured in terms of purchasing managers' index (PMI) unexpectedly dropped to 49 in July from 50.2…

2 years ago

China’s slowing growth amid deepening banking crisis will further dent its BRI projects

<p> <strong>The deepening banking crisis in China could further deal a blow to Beijing’s ambitious Belt and Road Initiative (BRI),…

2 years ago

Prices of new homes crash in China amid buyers refusing to pay mortgage

<p> <strong>China’s once booming real estate sector and a pillar of economic growth is rapidly losing its sheen with prices…

2 years ago

China’s smaller, regional banks have never been safe but they are now falling to pieces due to economic slowdown

<p> <strong>The banking crisis in China’s Henan province could just be the tip of the iceberg. The crisis has been…

2 years ago

Is China losing its sheen as the favourite investment destination after Covid?

<p> <strong>Policy uncertainty along with Beijing's zero Covid approach and Chinese President Xi Jinping’s call for “common prosperity” have started…

2 years ago

China’s economic crisis hits countryside after rural banks are told to freeze withdrawals

<p> <strong>An unprecedented cash crisis is emerging in China’s hinterland.</strong></p> <p> <strong>Deposits of several rural banks have remained frozen for…

2 years ago

China will fail to provide jobs to 10 million fresh graduates due to zero Covid approach

<p> <strong>China’s zero Covid approach could further push the unemployment rate in the coming months. Amid such stringent restrictions, it…

3 years ago

China may reboot its BRI projects – focus more on domestic revival

<p> <strong>Amid China’s slowing economy, its much-hyped Belt and Road Initiative is set to be further impacted. China, which is…

3 years ago

China’s retail sales contracts by 11.1% in April, the worst since 2020

<p> <strong>Stringent lockdowns at several parts of China have hit its economy. In April, retail sales registered a contraction of…

3 years ago

As business sentiment takes a further beating in China, what is in store for the world’s second largest economy?

<p> Businesses in China have been braving uncertainties for the last two years since the outbreak of the Covid 19…

3 years ago

Ahead of the 20th Communist Party Congress, is China’s Xi Jinping reaching out to the private sector?

<p> <strong>Amid rising economic challenges and slowing economic growth, Chinese President Xi Jinping has tried to reach out to the…

3 years ago

After Shanghai, a possible shut down in Beijing could further deal a blow to China’s slowing economy

<p> <strong>Chinese currency, yuan has taken a beating as worries over a possible shutdown of Beijing dented business sentiments. The…

3 years ago

Why is China’s yuan depreciating?

<p> <strong>China’s currency, the yuan, has been losing its value amid rising concerns over the country’s slowing economic growth and…

3 years ago

Covid resurgence slams China–slowdown looms amid tepid first quarter growth of 4.8%

<p> <strong>China, despite registering an economic growth of 4.8 per cent in the January to March period of this year,…

3 years ago

Shanghai’s Covid restrictions add to China’s growing unemployment rate

<p> <strong>China’s unemployment rate in the last six months has been inching upward—albeit slowly at a time when about 10.76…

3 years ago

Shanghai lockdown could shave off about 2% of China’s total GDP

<p> <strong>The ongoing stringent lockdown in the Chinese financial hub of Shanghai following the resurgence of Covid 19 infections will…

3 years ago

Shanghai lockdown highlights China’s deep economic problems

<p> <strong>With the Chinese economy being hit by stringent Covid 19 restrictions almost since the start of this year, Beijing…

3 years ago