China Economy Slowdown

China’s declining productivity: Factors behind economic slowdownChina’s declining productivity: Factors behind economic slowdown

China’s declining productivity: Factors behind economic slowdown

China's economy is facing a slowdown, with growth dropping from 6.5 per cent before the pandemic to just 4.6 per…

6 months ago
India stands good chance of filling up niche global supply chains: WTO directorIndia stands good chance of filling up niche global supply chains: WTO director

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…

3 years ago
Power crisis in China forces top companies to shut down factoriesPower crisis in China forces top companies to shut down factories

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…

3 years ago
Youth unemployment in urban China surges to nearly 20 per centYouth unemployment in urban China surges to nearly 20 per cent

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…

3 years ago
China’s tax collection slowing downChina’s tax collection slowing down

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…

3 years ago
China’s factory output contracts in JulyChina’s factory output contracts in July

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…

3 years ago
China’s slowing growth amid deepening banking crisis will further dent its BRI projectsChina’s slowing growth amid deepening banking crisis will further dent its BRI projects

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),…

3 years ago
Prices of new homes crash in China amid buyers refusing to pay mortgagePrices of new homes crash in China amid buyers refusing to pay mortgage

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…

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

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…

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

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…

3 years ago
China’s economic crisis hits countryside after rural banks are told to freeze withdrawalsChina’s economic crisis hits countryside after rural banks are told to freeze withdrawals

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…

3 years ago
China will fail to provide jobs to 10 million fresh graduates due to zero Covid approachChina will fail to provide jobs to 10 million fresh graduates due to zero Covid approach

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

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

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

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