- Friday, 11 November 2016
- News
China October new yuan loans 651.3 billion yuan, below forecasts
Chinese banks extended 651.3 billion yuan ($95.56 billion) in new yuan loans in October, below analysts' expectations and down sharply from 1.22 trillion yuan in September. Broad M2 money supply (M2) grew 11.6 percent from a year earlier, the central bank said on Friday, slightly above forecasts.
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- Wednesday, 09 November 2016
- News
China's CPI increased by 2.1%
China’s factory-gate inflation picked up further last month while consumer prices accelerated, suggesting government efforts to reduce overcapacity have gained some traction and alleviating a source of global disinflationary pressure.Producer-price index rose 1.2 percent in October from a year earlier, compared with a 0.9 percent increase estimated by economists in a Bloomberg survey. Consumer-price index increased 2.1 percent, matching the gain forecast by analysts.
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- Tuesday, 08 November 2016
- News
China's Trade Balance surplus expands in October
China’s trade surplus expanded in October, data from the General Administration of Customs reported Tuesday. China’s trade surplus rose to 325 billion yuan in October, from 278.4 billion the previous month. Economists forecast the surplus to widen to 300 billion yuan. In US-denominated terms, Beijing’s surplus widened to $49.06 billion from $42 billion in September.
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- Wednesday, 19 October 2016
- News
China's GDP grew by 6.7%
The Chinese economy expanded steadily in the third quarter, offering further evidence of stability for the world’s second-largest economy. Gross domestic product (GDP) expanded at an annualized 6.7% in the third quarter, following a similar gain in Q2 and forecasts calling for the same. The growth rate was in line with Beijing’s full-year target of between 6.5% and 7%.
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