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Chinese economy

Business

China's yuan at 8-year low against the US dollar

China's currency, the yuan, hit its lowest value in almost eight years against the US dollar having declined for eight days in a row.

China's currency, the yuan, hit its lowest value in almost eight years against the US dollar having declined for eight days in a row.

News

Sales up but growth slows on China's "Singles Day"

The discount shopping day for the unhitched and uncoupled still shifts more goods than the Black Friday and Cyber Monday sales days in the United States.

The discount shopping day for the unhitched and uncoupled still shifts more goods than the Black Friday and Cyber Monday sales days in the United States.

Business

China sees Trump election as a trade opportunity

China hopes to turn the US election upset to its advantage by seeking support for a Beijing-led Asia-Pacific free trade deal to replace TPP.

China hopes to turn the US election upset to its advantage by seeking support for a Beijing-led Asia-Pacific free trade deal to replace TPP.

Business

China's economic growth stable at 6.7% in third quarter

China's economy is stabilising the Q3 stats show though growth is increasingly dependent on higher government spending and a red-hot property market.

China's economy is stabilising the Q3 stats show though growth is increasingly dependent on higher government spending and a red-hot property market.

Nocomment

China: World's highest bridge nears completion

The two sides of the 565-meter-high Beipanjiang Bridge, the world’s highest cable-stayed bridge, across southwest China’s Yunnan and Guizhou provinces were connected Saturday…

The two sides of the 565-meter-high Beipanjiang Bridge, the world’s highest cable-stayed bridge, across southwest China’s Yunnan and Guizhou provinces were connected Saturday…

Business

Continued cooling for China's economy forecast

The latest survey of economic analysts predicts Chinese GDP growth of 6.6 percent from April to June, down from 6.7 percent in the first three months of the year.

The latest survey of economic analysts predicts Chinese GDP growth of 6.6 percent from April to June, down from 6.7 percent in the first three months of the year.

Business

Alibaba's magic still casting money spells

Chinese giant Alibaba Group Holding expects to double its transactions volumes by 2020, and still expects considerable growth.

Chinese giant Alibaba Group Holding expects to double its transactions volumes by 2020, and still expects considerable growth.

Business

China's February trade weak - exports and imports both down

China's February trade numbers were far worse than economists had expected, with exports down by the most in over six years and imports suffering their 16th month of decline.

China's February trade numbers were far worse than economists had expected, with exports down by the most in over six years and imports suffering their 16th month of decline.

News

Growth on agenda as Chinese parliament opens

The Chinese government has put forward its five-year economic plan. Details were outlined at the opening of the National People’s Congress, the

The Chinese government has put forward its five-year economic plan. Details were outlined at the opening of the National People’s Congress, the

Business

Millions more Chinese 'zombie company' workers face the sack

China reportedly plans to lay off millions more workers at so-called 'zombie' companies to cut industrial overcapacity and pollution, according to sources close to the Beijing leadership.

China reportedly plans to lay off millions more workers at so-called 'zombie' companies to cut industrial overcapacity and pollution, according to sources close to the Beijing leadership.

Business

China to lay off 1.8 million coal and steel workers to cut overcapacity

China expects to lay off 1.8 million workers in the coal and steel industries as it addresses overcapacity in bloated state enterprises amid slowing economic growth.

China expects to lay off 1.8 million workers in the coal and steel industries as it addresses overcapacity in bloated state enterprises amid slowing economic growth.

Business

Sole candidate Lagarde re-elected to second term as International Monetary Fund head

Christine Lagarde has been re-elected to a second five-year term as head of the International Monetary Fund with the world's economy in the doldrums, and the IMF facing difficult loan decisions for Gr

Christine Lagarde has been re-elected to a second five-year term as head of the International Monetary Fund with the world's economy in the doldrums, and the IMF facing difficult loan decisions for Gr

Business

China looks for 6.5 to 7% economic growth in 2016, warns on unemployment

China has set its economic growth projection range at 6.5 to 7 percent this year, but efforts to reduce overcapacity of coal and steel are expected to raise unemployment.

China has set its economic growth projection range at 6.5 to 7 percent this year, but efforts to reduce overcapacity of coal and steel are expected to raise unemployment.

Business

China's struggle continues with January factory activity weak again

There was disappointing factory output data from China as the official measure of manufacturing hit its lowest since mid-2012 amid falling prices and overcapacity.

There was disappointing factory output data from China as the official measure of manufacturing hit its lowest since mid-2012 amid falling prices and overcapacity.

News

Apple sees iPhone sales 'falter'

China’s slowdown is even having an impact on technology giant Apple. The company has forecast its first revenue drop in 13 years and reported its

China’s slowdown is even having an impact on technology giant Apple. The company has forecast its first revenue drop in 13 years and reported its

News

China posts weakest growth figures in 25 years

China has experienced its weakest growth in 25 years. It’s economy grew last year by just 6.9% compared with 7.3% in 2014. The year-on-year growth

China has experienced its weakest growth in 25 years. It’s economy grew last year by just 6.9% compared with 7.3% in 2014. The year-on-year growth

Business

China's exports up for December

A boost for China’s exports came in data for December which showed a rise of 2.3 percent from a year ago in yuan-denominated terms. Forecasts were

A boost for China’s exports came in data for December which showed a rise of 2.3 percent from a year ago in yuan-denominated terms. Forecasts were

News

China: trading rallies after volatile start to 2016

Following a volatile first week of the year, the Shanghai Composite closed two percent higher on Friday (January 8). Trading in China’s markets has

Following a volatile first week of the year, the Shanghai Composite closed two percent higher on Friday (January 8). Trading in China’s markets has

News

Catching China's cold

It is said when America sneezes the world catches a cold. In this first edition of 2016 we look at what happens to the world when China gets sick

It is said when America sneezes the world catches a cold. In this first edition of 2016 we look at what happens to the world when China gets sick

Business

Huawei smartphones top the 100 million sales mark

Huawei has become the first Chinese company to ship more than 100 million smartphones. The 2015 shipments defied a market slowdown and jumped 44

Huawei has become the first Chinese company to ship more than 100 million smartphones. The 2015 shipments defied a market slowdown and jumped 44

Business

Chinese services sector slowdown

Another sign the world’s second-largest economy may be losing steam comes in a private survey which showed China’s services sector expanded at its

Another sign the world’s second-largest economy may be losing steam comes in a private survey which showed China’s services sector expanded at its

Business

Marks & Spencer opens first Beijing store

Marks & Spencer has opened its first store in Beijing, part of its strategy of focusing on flagship stores in China’s largest cities. Its 1,500

Marks & Spencer has opened its first store in Beijing, part of its strategy of focusing on flagship stores in China’s largest cities. Its 1,500

Business

IMF allows Chinese yuan to enter the jet set currency club

The IMF has accepted the Chinese yuan into the club of elite currencies. IMF set to put yuan in reserve currency basket https://t.co/h7quutjx6y

The IMF has accepted the Chinese yuan into the club of elite currencies. IMF set to put yuan in reserve currency basket https://t.co/h7quutjx6y

Business

Alibaba sales break Singles' Day record in China

China’s e-commerce market leader Alibaba says online sales during Singles’ Day have exceeded last year’s total of $9.3 billion (8.6 billion euros)

China’s e-commerce market leader Alibaba says online sales during Singles’ Day have exceeded last year’s total of $9.3 billion (8.6 billion euros)