- Friday, 13 January 2017
- News
China's exports fell more than expected in December
China's December exports fell by a more-than-expected 6.1 percent from a year earlier, while imports beat forecasts slightly, growing 3.1 percent on strong demand for commodities from coal to iron ore, official data showed on Friday. That left the country with a trade surplus of $40.82 billion for the month, the General Administration of Customs said. Exports in all of 2016 fell 7.7 percent from a year earlier, while imports slid 5.5 percent. China's Jan-Dec trade surplus was $509.96 billion.
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- Thursday, 12 January 2017
- News
China Dec new yuan loans 1.04 trillion yuan
Chinese banks extended 1.04 trillion yuan ($150.78 billion) in net new yuan loans in December, exceeding analysts' expectations and higher than the previous month's 794.6 billion yuan. The central bank said the broad M2 money supply (M2) grew 11.3 percent from a year earlier, missing forecasts.
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- Tuesday, 10 January 2017
- News
China's CPI increased by 2.1%
Chinese consumer inflation rose at a slower but steady pace, while a measure of factory-gate prices improved sharply, pointing to improved productivity and growth in the economy. The consumer price index (CPI) advanced 2.1% from a year ago, after climbing 2.3% in November, the National Bureau of Statistics said in a report on Tuesday. Analysts in a median estimate forecast annualized CPI growth of 2.3%. Compared to November, consumer inflation rose 0.2%, following a 0.1% rise the previous month. Forecasts called for a 0.3% month-on-month gain.
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- Monday, 02 January 2017
- News
China's Manufacturing PMI fell to 51.4
Activity at China's factories slowed in December but still represented the fifth consecutive month of expansion in the latest sign that the world's No. 2 economy is stabilizing. The monthly purchasing managers' index by the Chinese Federation of Logistics and Purchasing was 51.4 in December, the second highest level of 2016. The highest reading was November's 51.7 the first time the index had hit that level since July 2014. December's figure climbed from 49.7 a year earlier.
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