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‘We welcome more Indian enterprises to leverage platforms such as the China International Import Expo to bring more premium Indian products to the Chinese market, transforming trade deficits into cooperative surpluses.’ | Photo Credit: Reuters As the global economic and trade order suffers a severe blow, the giant ship of the Chinese economy once again…
China’s exports to the United States have fallen for six months straight. File | Photo Credit: Reuters China’s exports to the United States fell 27% in September (2025) from the year before, even though growth in its global exports hit a six-month high. Customs figures released on Monday (October 13, 2025) showed that China’s worldwide…
Women walk out from a fashion boutique near a display promoting the upcoming China popular e-commerce sales, the “Singles’ Day” global online shopping festival, at a shopping mall in Beijing, Monday, Nov. 4, 2024. | Photo Credit: AP Merchants and consumers alike found the Singles’ Day shopping festival Monday less shiny than in years past…
Read More “Singles’ Day shopping festival loses its shine under China’s lagging economy” »
Chinese Finance Minister Lan Fo’an. File | Photo Credit: AP “The Chinese government is looking at additional ways to boost the economy,” Finance Minister Lan Fo’an said on Saturday (October 12, 2024,) but he stopped short of unveiling a major new stimulus plan that analysts and stock investors were hoping for. Mr. Lan’s remarks left…
A woman sits on the Bund near Huangpu river as she looks on the financial district of Pudong in Shanghai, China. File photo for representational purpose only. | Photo Credit: REUTERS Shares in China slumped on Wednesday (October 9, 2024), as details of economic stimulus plans from officials in Beijing failed to live up to investors’…
Read More “China stocks decline amid economic recovery disappointment” »
In this photo released on July 18, 2024, by Xinhua News Agency Chinese President Xi Jinping speaks at the third plenary session of the 20th Communist Party of China (CPC) Central Committee held from July 15 to 18 in Beijing. China’s ruling Communist Party wrapped up a top-level meeting by endorsing policies aimed at advancing…
Read More “China’s leaders vow to fight ‘risks’ plaguing economy” »
The economic slowdown has wiped almost $200 billion off the luxury sector’s value in recent months. | Photo Credit: Reuters The prolonged downturn in luxury spending in China is unlikely to reverse this year, analysts and executives warn, deepening a rout which has wiped almost $200 billion off the sector’s value in recent months. Profit…
Read More “Luxury brands feel the sting as Chinese economy slows down” »
Chinese security monitors a checkpoint as the Communist Party’s Central Committee holds its third plenum meeting in Beijing, China, on July 15, 2024. | Photo Credit: AP China posted lower than expected growth in the second quarter on July 15, with all eyes on how top officials gathering for a key meeting in Beijing might…
Read More “China posts disappointing growth as officials hold key ‘Third Plenum’ meeting” »
EV shift:China’s market has stagnated due to the shift to EVs. | Photo Credit: AFP Chinese auto sales slumped in June as the domestic economy remained sluggish, but buoyant exports offset the decline at home, an industry association said Wednesday. Sales in China dropped 7.4 per cent compared to a year earlier to 1.8 million…
Read More “Chinese auto exports surge, partly offsetting a sales slump at home” »
Cautious approach: Banks are reluctant to lend to housing projects fearing more bad loans. File | Photo Credit: Reuters When China’s local governments began compiling a “whitelist” of housing projects for loans earlier this year, troubled developers hoped it would open a spigot of credit for a sector that remains a major stumbling block to…
Read More “China’s property ‘whitelist’ lifeline stutters amid sector gloom” »