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Andrew Mullen
Andrew Mullen
Hong Kong
@amullen_scmp
Deputy Editor, Political Economy 
Andrew Mullen returned to the Post in 2018 as a Production Editor with the Political Economy desk. He was promoted to Deputy Editor in April 2022. He earlier worked as a reporter on the Post's Sport desk. He has previously worked for the Press Association, the BBC and sport marketing company Lagardere Sports in both Hong Kong and the United Kingdom.

Analysts expect China’s economic recovery to continue over the coming months thanks to the increase in policy support following the release of combined data for January and February on Monday.

China’s exports rose by 7.1 per cent in combined figures for January and February compared to a year earlier, while imports rose by 3.5 per cent, data released on Thursday showed.

China’s manufacturing gauges showed ‘conflicting signals’ in February, while the average across the services purchasing managers’ indices reached a seven-month high.

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China’s consumer price index (CPI) fell for a fourth consecutive month in January, while factory-gate prices also fell for the 16th straight month amid fears of deflationary risks.

Analysts said the purchasing managers’ index (PMI) readings for January added to evidence that growth momentum in China is in the midst of a renewed recovery.

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China confirmed its economy grew by 5.2 per cent in 2023, revealed that its population fell to 1.4097 billion, and resumed the release of youth-jobless data, with a twist.

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China’s economy grew in 2023 by 5.2 per cent, year on year, and similarly finished the year with 5.2 per cent growth in the fourth quarter, according to data released on Wednesday.

Mainland China’s population fell by 2.08 million last year to 1.4097 billion, down from 1.4118 billion in 2022, while births declined by 5.6 per cent to 9.02 million in 2023, according to data released on Wednesday.

China’s exports saw another modest uptick in December, underlining its fluctuating recovery in 2023, while deflationary risks continued as consumer inflation fell for a third month in a row.

Taken together, China’s purchasing managers’ index (PMI) data for December showed that there was ‘some improvement in economic momentum’ thanks to services and construction, analysts said.

A story looking at Chinese investors scrambling to sell overseas properties amid shaky economic conditions took centre stage at the top of a list of our economy stories in 2023.

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Real estate and private investment continued to drag on China’s economy in the first 11 months of the year, and while retail sales rose in November, challenges remain amid an uneven recovery.

China’s exports beat expectations in November, rising by 0.5 per cent from a year earlier, but imports disappointed and fell by 0.6 per cent, data released on Thursday showed.

China’s official manufacturing and services purchasing managers’ indices (PMI) disappointed in November, although the Caixin/S&P Global gauges offered signs of recovery last month.

President Xi Jinping pledged more measures to attract foreign investors in November, Premier Li Qiang took the helm at the Central Financial Commission and China announced visa-free entry plans.

China’s retail sales rose in October, year on year, but real estate investment fell again in the first 10 months of the year, with the mixed economic data pointing to an uneven and precarious recovery.

A deepening of food-price deflation saw China’s consumer price index (CPI) fall in October from a year earlier, while the producer price index (PPI) fell for the 13th month in a row.

China’s consumer price index (CPI) fell by 0.2 per cent from a year earlier in October, and food prices were the ‘main culprit’, while the producer price index (PPI) fell for the 13th month in a row.

China’s purchasing managers’ index (PMI) readings for October showed the overall economic recovery still faces pressure, highlighted by contraction in both the official and Caixin/S&P Global manufacturing indices.

Former premier Li Keqiang died in October, while the Belt and Road Forum for International Cooperation took place and China confirmed its economy grew by 4.9 per cent in the third quarter, year on year.

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China’s economy grew by 4.9 per cent in the third quarter, year on year, and by 1.3 per cent sequentially from the previous three months, data released on Wednesday showed.

China’s purchasing managers’ indices in August showed that ‘economic momentum is still weak’ as pressure on manufacturing activity eased, but services activity softened.

US Commerce Secretary Gina Raimondo completed a four-day trip to China in August, and Beijing also banned all Japanese aquatic products and stopped releasing China’s dismal youth-unemployment numbers.

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