- Monday, 18 December 2017
- News
Smaller cities drive China's new home prices in November, defying curbs
Growth in China’s new home prices sustained its momentum in November, with increases seen in provincial centers and smaller cities in a sign policymakers may need to step up curbs to rein in speculation in the property market. China’s housing market boom has lasted more than two years, giving the economy a major boost but stirring fears of a property bubble, with the government taking stern measures to curtail speculative buying.
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- Monday, 11 December 2017
- News
China's CPI fell to 1.7%
China's consumer inflation, which has stayed well within Beijing's 2017 target of 3 percent this year, slowed more than expected in November to 1.7 percent from 1.9 percent previously, as food prices fell. Non-food price inflation quickened to 2.5 percent in November from 2.4 percent in October. The consumer price index (CPI) had been expected to edge down to 1.8 percent on-year compared with an increase of 1.9 percent in October. The world's second-biggest economy has defied market expectations with economic growth of 6.9 percent in the first nine months of the year, supported by a construction boom and robust exports.
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- Thursday, 09 November 2017
- News
China's CPI increased by 1.9%
China’s consumer inflation rate accelerated to 1.9 percent in October from a year earlier, beating market expectations, the National Bureau of Statistics (NBS) said on Thursday. The consumer price index (CPI) had been expected to rise 1.8 percent on-year compared with an increase of 1.6 percent in September. Producer prices rose 6.9 percent on-year, unchanged from previous month’s increase. Analysts had predicted the PPI would rise 6.6 percent.
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- Wednesday, 08 November 2017
- News
China's Trade Balance missed market forecasts
China's exports and import growth eased in October in a sign the world's second-largest economy is starting to cool after a strong first half, with momentum seen slackening further as Beijing's crackdown on pollution hits factory output. The trade data also showed China's goods surplus with the United States, historically a sore spot in relations between the two nations, narrowed last month as investors awaited U.S. President Donald Trump's arrival in Beijing later in the day. The nation's overall trade surplus for October was $39.17 billion, according to a Reuters calculation of data from the Administration of Customs. Expectations centered on a surplus of $39.5 billion versus September's $28.61 billion.
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