Page 4 - China Economy

Apple again becomes top smartphone player in China after six years

Apple has surpassed all local smartphone rivals in China in the fourth quarter (Q4) 2021 to become the top brand in China after six years when the iPhone 6 super-cycle was at its peak, a report showed

Investors seek refuge in China as Fed, inflation roil other markets

Major central banks are preparing to withdraw the excess stimulus measures of the past couple of years.

Xi Jinping's Covid defence strategy gets weaker with every Omicron case

China hasn't been Covid Zero for months, and with every new mutation, the stakes rise for its President and the rest of the world.

China car sector falling short of 2060 'net zero' goals: Greenpeace

Country needs to bring zero emissions vehicle sales to 63% by 2030 and 87% by 2035 if it is to meet its targets, says environmental group.

China tops forecasts with 8.1% growth in 2021 but headwinds loom

Growth in the fourth quarter hit a one-and-a-half-year low, government data showed on Monday

China's economy grows 8.1% in 2021, expands 4% in the last quarter

China's economy grew by 8.1% in 2021 after an abrupt slowdown in the second half that is prompting suggestions Beijing needs to shore up slumping growth.

Prez Xi stresses on national security as he gears up for 3rd term in power

Chinese President Xi Jinping has called for greater efforts to safeguard national political security and social stability as he gears up for an unprecedented third term in power this year.

China's overnight money rate jumps to 4-month high, policy rate in focus

China's short-term money rates jumped to four-month highs on Thursday, driven up by rising seasonal cash demand

China's auto sales fall for eighth straight month in Dec amid chip shortage

China's auto sales in December fell 1.6% from a year-ago period, the eight consecutive monthly drop, industry data showed

China's factory gate inflation slows further after cooling measures

Consumer price inflation also slowed last month as food prices fell, the National Bureau of Statistics (NBS) said in a statement

After backing China Evergrande, this firm is world's worst-performing bank

An ill-fated push into property lending has instead turned China Minsheng Banking Corp. into one of the biggest casualties of the real estate debt crisis that's roiling Asia's largest economy

Huawei ranks 5th in US patents in sign of Chinese growth: Study

Huawei received 2,770 U.S. patents last year, putting it at No. 5 behind perennial top patent-getter International Business Machines Corp.

China stainless steel futures jump amid output cuts, robust nickel prices

Chinese stainless steel futures surged more than 4% on Tuesday, boosted by tight supply hopes as producers cut production

Omicron takes off in China, inches closer to Beijing before winter Olympics

There have been 21 new locally confirmed Covid cases in the city of Tianjin, after two omicron infections were found on Saturday.

Growth in China's Dec services accelerates as inflation eases: Survey

Activity in China's services sector expanded at a faster pace in December amid higher demand and easing inflationary pressure, a private sector survey showed

China central bank to step up cash injection before Lunar New Year: Report

China's central bank is set to "timely replenish" liquidity shortfalls before the Lunar New Year holiday, the state-owned China Securities Journal said

India questions China's developing country status on per capita basis

According to per capita income level, the Chinese economy belongs to 'upper-middle income' category, argues India

Five things to look for in Asia stocks amid 2022 reversal hopes

The case for a rebound should be aided by lower valuations after the MSCI Asia Pacific Index underperformed its global counterpart by around 20 percentage points last year

Chinese factory activity edges higher in Dec as supply disruptions ease

Chinese factory activity edged higher in December as supply disruptions eased and export demand weakened, a survey showed Friday. The monthly purchasing managers' index issued by the national statistics agency and an industry group gained to 50.3 from November's 50.1 on a 100-point scale on which numbers above 50 show activity accelerating. Chinese manufacturing has been hampered by shortages of some components including semiconductors and disruptions in shipping. Some areas ordered factories to shut down temporarily starting in September to meet official energy efficiency targets. A measure of new orders improved to 49.7 from November's 49.4, according to the China Federation of Logistics & Purchasing and the National Bureau of Statistics, though demand still was weak. An index of export orders sank to 48.1 from 48.5. The overall recovery of China's economy is clearer, economist Zhang Liqun said in a statement issued by the federation. However, he said, the country needs to ...

World economy to surpass $100 trn in 2022, India to overtake France: Study

British consultancy Cebr predicted China will become the world's top economy in dollar terms in 2030, two years later than forecast in last year's World Economic League Table report