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China's second-quarter GDP growth falls short of expectations
Updated : 1 year, 11 months ago IST
This growth rate marked a slowdown from the 5.3 per cent growth observed in the first quarter. Additionally, June's retail sales saw an increase of 2 per cent, falling short of the expected 3.3 per cent growth.
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Latest data shows downward spiral in China's economy
Updated : 2 years, 11 months ago IST
Xi Jinping’s policy to rebalance China's economy away from debt-driven investment towards domestic consumption has not been successful due to the inability of the leadership to expand social welfare and health care provisions, leading to high levels of precautionary savings.
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China's non-manufacturing sector continues to maintain expansion in April
Updated : 3 years, 1 month ago IST
In April, the non-manufacturing business activity index was 56. Although the figure dropped 1.8 percentage points from March, it was still above the 50-point mark that separates expansion and contraction, indicating that the non-manufacturing sector maintained high-level growth, according to
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Data predicts economic crisis in China; country tries to cover it up on in
Updated : 3 years, 5 months ago IST
Data about China's growth and the image the country is trying to portray on the international forums are contrary. On one hand, the data on employment and GDP point towards a crisis. But Chinese authorities are still trying to put up a positive image on international forums, The Singapore Po
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Slowing economy, crippled by Covid lockdowns leave China's jobless youth i
Updated : 3 years, 10 months ago IST
Beijing [China], August 28 (ANI): China's slowing economy crippled by COVID-19 lockdowns has left millions of young people fiercely competing for an ever-slimming raft of jobs and facing an increasingly uncertain future.
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