Business Standard

Page 6 - China Economy

China's services sector activity expands at faster pace in October

The improved readings in the private survey, focuses more on small firms in coastal regions, stood in contrast to an official survey, which showed the expansion in the services sector lost some steam.

China's services sector activity expands at faster pace in October
Updated On : 03 Nov 2021 | 9:16 AM IST

Yahoo leaves China for good, cites 'challenging' environment

The company stopped providing content for users in mainland China as of November 1, according to a statement published on its website

Yahoo leaves China for good, cites 'challenging' environment
Updated On : 03 Nov 2021 | 12:02 AM IST

Asian factories shake off lockdown blues, now face supply headaches

Factory activity in October expanded in Vietnam, Indonesia and Malaysia as operations gradually normalised after being hit by shutdowns caused by a spike in COVID-19 infections.

Asian factories shake off lockdown blues, now face supply headaches
Updated On : 01 Nov 2021 | 8:36 AM IST

Two thirds of China's top developers breach state's 'red line' on debt

Developers are facing rising financial stress as stricter rules around borrowing and a deleveraging campaign weigh on the sector.

Two thirds of China's top developers breach state's 'red line' on debt
Updated On : 31 Oct 2021 | 9:24 AM IST

China factory activity contracts for second month as input woes continue

The official manufacturing Purchasing Manager's Index (PMI) was at 49.2 in October, down from 49.6 in September.

China factory activity contracts for second month as input woes continue
Updated On : 31 Oct 2021 | 8:26 AM IST

China to strengthen tax reforms to attain 'common prosperity': Xinhua

China will "strengthen adjustments" in tax collection to boost revenue

China to strengthen tax reforms to attain 'common prosperity': Xinhua
Updated On : 25 Oct 2021 | 1:41 PM IST

Evergrande secures more than 3-month extension on defaulted $260 mln bond

The extension on the defaulted bond offers respite to the developer

Evergrande secures more than 3-month extension on defaulted $260 mln bond
Updated On : 21 Oct 2021 | 10:32 PM IST

Chinese property bonds firm after Kaisa and Sunac make coupon payments

Chinese property bonds remained firm on Tuesday after the two major developers made coupon payments

Chinese property bonds firm after Kaisa and Sunac make coupon payments
Updated On : 19 Oct 2021 | 1:17 PM IST

Power crunch, chip shortage, green goal: China's challenges are growing

State planners have to balance their industrial ambitions with focus on lowering energy consumption and carbon emissions.

Power crunch, chip shortage, green goal: China's challenges are growing
Updated On : 15 Oct 2021 | 10:01 AM IST

China looks at hiking industrial power price to ease supply crunch

The rate hikes for factories could come in the form of higher flat fees, or in rates that are linked to the price of coal

China looks at hiking industrial power price to ease supply crunch
Updated On : 30 Sep 2021 | 4:01 AM IST

China's industrial profit growth slows for sixth month in August

Profits rose 10.1% on year to 680.3 billion yuan ($105 billion) last month compared with a 16.4% gain in July, data from China's statistics bureau showed on Tuesday.

China's industrial profit growth slows for sixth month in August
Updated On : 28 Sep 2021 | 8:23 AM IST

China could be heading for power supply crisis after Evergrande shock

Almost half of China's regions missed Beijing's energy consumption targets and are now under pressure to curb power use.

China could be heading for power supply crisis after Evergrande shock
Updated On : 27 Sep 2021 | 10:58 AM IST

Evergrande faces key deadline, investors await outcome on dollar bond

Evergrande, China's biggest property developer, ran into trouble over the past few months as Beijing tightened regulations in its property sector.

Evergrande faces key deadline, investors await outcome on dollar bond
Updated On : 23 Sep 2021 | 6:46 AM IST

China's high-tech push seeks to reassert global factory dominance

TIANJIN, China (Reuters) - At a factory in China's north, workers are busy testing an automated vehicle designed to move bulky items around industrial spaces, one of a new generation of robots Beijing wants to shift the country's manufacturing up the value chain.

China's high-tech push seeks to reassert global factory dominance
Updated On : 22 Sep 2021 | 8:02 AM IST

Market turmoil tests Xi's resolve on Evergrande, real estate crackdown

The resulting market turbulence may add pressure on Chinese leaders to tap the brakes on policy tightening, or at least take steps to limit the fallout

Market turmoil tests Xi's resolve on Evergrande, real estate crackdown
Updated On : 21 Sep 2021 | 10:04 AM IST

China tech crackdown is India's gain: US venture investor March Capital

Indian startups in internet and cloud software offer strong growth prospects but without Chinese firms' risk: Sumant Mandal.

China tech crackdown is India's gain: US venture investor March Capital
Updated On : 21 Sep 2021 | 6:18 AM IST

Revolution or chaos? Xi's 'common prosperity' drive sparks China debate

Competing viewpoints in China's tightly controlled media space points to confusion over just how far Xi plans to go in reining in 'disorderly capital expansion'.

Revolution or chaos? Xi's 'common prosperity' drive sparks China debate
Updated On : 08 Sep 2021 | 10:03 AM IST

China's economy gets welcome boost from surprisingly strong Aug exports

China's exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world's second-biggest economy

China's economy gets welcome boost from surprisingly strong Aug exports
Updated On : 07 Sep 2021 | 2:10 PM IST

Chinese firms rush to embrace 'common prosperity' slogan

At least 73 companies used the flagship slogan in statements to shareholders

Chinese firms rush to embrace 'common prosperity' slogan
Updated On : 02 Sep 2021 | 6:34 PM IST

Asia factory activity cools in Aug as coronavirus disrupts supply chains

China's factory activity slipped into contraction in August for the first time in nearly 1-1/2 years.

Asia factory activity cools in Aug as coronavirus disrupts supply chains
Updated On : 01 Sep 2021 | 8:35 AM IST