- Friday, 10 February 2017
- News
China's Trade Balance surplus rose more than expected
China’s trade surplus expanded faster than expected in January, data from the General Administration of Customs showed on Friday. Beijing posted a trade surplus of 355 billion yuan in January, up from 275 billion yuan in December, well above forecasts calling for 295 billion. In U.S.-denominated terms, Beijing’s surplus widened to $51.4 billion from $40.8 billion. Analysts in a median estimate forecast a reading of $49.8 billion.
Read more...
- Monday, 06 February 2017
- News
China Services PMI down to 53.1
The headline Caixin China General Services PMI was down 0.3 points to 53.1 in January 2017. New business continued to grow rapidly, though at a marginally slower rate than in the previous month; while input prices and output charges increased at faster rates. The Caixin China Composite Output Index came in at 52.2, down 1.3 points from the previous month and weaker than the average level in the fourth quarter of last year.
Read more...
- Monday, 23 January 2017
- News
China posts weakest annual economic growth in 26 years
China's huge economy grew at its slowest pace in more than a quarter century last year -- and 2017 is set to be even tougher. The world's second largest economy expanded 6.7% in 2016, according to official data released Friday, helped by a hefty dose of government stimulus. That's a slowdown from the 6.9% that China clocked in 2015. But it's right in the middle of Beijing's target range and a lot stronger than some doom-mongers had predicted at the start of last year, when fears of a sudden collapse in Chinese growth panicked global markets.
Read more...
- Friday, 20 January 2017
- News
China's GDP up by 6.8%
China’s economy expanded at a slightly faster pace in the fourth quarter, backed by government spending and cheap credit, giving Beijing some breathing room heading into what is expected to be a volatile 2017. The National Bureau of Statistics said gross domestic product (GDP) expanded at an annualized 6.8% in the fourth quarter, up slightly from 6.7% in the previous three quarters and well within the government’s target range of 6.5% to 7%. Analysts in a median estimate forecast annual growth of 6.7% in October-December. Compared to the third quarter, GDP grew 1.7%, official data showed.
Read more...- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…