Search For "chinese economy"
Amid economic challenges, Chinese consumer prices plunges at fastest rate
Updated : 2 years, 1 month ago IST
Further underscoring the mounting challenges faced by the Chinese economy, the consumer prices slid deeper into deflationary territory last month, suffering the biggest drop since the global recession in 2009.
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Reducing interest payments on operating loans, mortgage repayments may exp
Updated : 2 years, 1 month ago IST
China's mortgage interest rates have been reduced, and the number of people buying houses with higher interest rate loans has decreased. For interest expenses, select "House Loan to Business Loan".
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IMF says Asia on track to again deliver two-thirds to global growth in 202
Updated : 2 years, 1 month ago IST
Asia is on track to again deliver two-thirds of global growth in 2024, as it did in 2023, said Krishna Srinivasan, Director of the IMF's Asia and Pacific Department. At a press conference on the Regional Economic Outlook, the IMF official said the news on the inflation front has also been
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Chinese exports dip 4.6 pc after seven years amid economic crisis
Updated : 2 years, 2 months ago IST
Amid the economic crisis, Chinese exports saw a downfall for the first time since 2016 after global demand for Chinese-made goods slowed in 2023, CNN reported citing the Customs data released on Friday.
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Migrant workers moving out coastal cities as crisis grips Chinese economy
Updated : 2 years, 2 months ago IST
In its report on Thursday, it said that in China, January is typically a time when many migrant workers begin an annual trip home to celebrate the Lunar New Year. However, this year, the massive exodus from coastal cities to provinces across the country began much earlier.
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Thousands of Chinese migrants cross border as US Marks 80th anniversary of
Updated : 2 years, 2 months ago IST
As the US marks the 80th anniversary of the repeal of the Chinese Exclusion Act, thousands of Chinese immigrants are crossing the US-Mexico border after witnessing a decline in the Chinese economy, as reported by Voice of America (VOA).
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Millions of Chinese 'blacklisted' for debts as loan default hits record hi
Updated : 2 years, 3 months ago IST
Millions of Chinese borrowers have been blacklisted for failing to pay their debts and are mostly between the ages of 18 and 59, Voice of America (VOA) reported.
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China's economic confidence plummets as domestic crises mount
Updated : 2 years, 5 months ago IST
In the midst of these economic challenges, a crisis of confidence is emerging, with growing doubt about the Chinese economy's future.
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Chinese President Xi faces fire at home and abroad: Report
Updated : 2 years, 6 months ago IST
Chinese President Xi Jinping’s policies have left the country with very few friends and is now facing fire at home as well as abroad.
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Evergrande's bankruptcy signals beginning of China’s real estate crisis: E
Updated : 2 years, 6 months ago IST
The filing for bankruptcy by Evergrande, Chinese real estate giant signals the beginning of Beijing’s real estate crisis, CNN reported on Friday.
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Real estate giant's financial crisis threatens Chinese economy
Updated : 2 years, 7 months ago IST
However, the issue is considerably more widespread than just one business, and the timing is quite poor. According to the New York Times, Country Garden's default would be the most recent in a spate of failures in a housing market that has been struggling for years.
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US: Biden's order proposes ban on American investments in China's technolo
Updated : 2 years, 7 months ago IST
The order will ban venture capital and private equity firms from investing money into Chinese efforts to make semiconductors and other microelectronics, quantum computers and certain artificial intelligence applications.
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