China Inflation

China's consumer prices rise at steady rate of 2.5pc year on year in January

An early Lunar New Year holiday pushed up some food prices last month. Photo: AFP

The mainland's consumer price index climbed 2.5 per cent year on year last month, on par with the rise in December, which was the slowest increase since June.

Saturday, 15 February, 2014, 4:16am 3 comments

Why a recession would be good for China

If many big polluters were shut down, that would be a welcome change, despite the economic recession that would ensue. Photo: AP

China’s economic growth slowed in the final three months of last year to 7.7 per cent, the weakest quarter since 2009, but still way too fast to allow for the restructuring that the country urgently needs.

25 Jan 2014 - 3:21am 6 comments

China inflation hits seven-month high in September

Customers check prices as they shop in a supermarket in Huaibei, Anhui province. Photo: AFP

Chinese inflation hit a seven-month high of 3.1 per cent in September, data showed on Monday, with analysts warning further upward pressure on prices would restrict the government’s options to boost the economy.

14 Oct 2013 - 3:53pm

Central bank chief Zhou Xiaochuan issues rising inflation alert

Zhou Xiaochuan, China's central bank governor, faced the media at a news conference yesterday in Beijing. Photo: Xinhua

Central bank governor Zhou Xiaochuan yesterday raised an alert about rising inflation and formally declared a shift to a tighter monetary policy this year. The government may also roll out new measures to control the property market, he told a news conference on the sidelines of the National People's Congress.

14 Mar 2013 - 8:57am

China consumer inflation hits 10-month high

Qian Yingyi, a member of the Monetary Policy Committee of the People's Bank of China, said the central bank 'may take action to prevent boom-and-bust cycles' to combat inflation.

The consumer price index (CPI) rose 3.2 per cent last month from a year ago, pushed up by higher food prices during the Lunar New Year festival, the National Bureau of Statistics said yesterday. Consumer prices in February were 1.1 per cent higher than January.

10 Mar 2013 - 8:56am

Talking points

Thousands protest against nuclear power

Thousands of protesters will take to the streets in Tokyo and elsewhere tomorrow to protest against government plans to restart reactors taken offline after the Fukushima nuclear tragedy.

9 Mar 2013 - 2:31am

Inflation, trade drive yuan to 19-year US$ high

Inflation, trade push yuan to 19-year US$ high. Photo: AFP

The yuan strengthened to less than 6.22 against the US dollar yesterday for the first time in 19 years, as bullish sentiment was boosted by mainland inflation and trade data.

12 Jan 2013 - 4:02am

Cold winter pushes up mainland inflation

A vegetable vendor waits for customers at a market in Beijing as vegetable prices soar amid bad weather and poor transport. Photo: AP

Inflation on the mainland rose last month for the second consecutive month amid the coldest winter in nearly three decades, although economists believe prices will remain under control in the near term.

12 Jan 2013 - 4:21am

Foreign direct investment in China forecast to remain steady

The mainland has "relatively high labour quality". Photo: Reuters

Foreign direct investment flowing into the mainland will remain steady rather than fall sharply next year as the economy continues to recover, the Ministry of Commerce says.

8 May 2015 - 9:46am

China's economy to rebound in 2013, experts say

Labourers building a bridge in Wuhan, Hubei, are contributing towards the infrastructure developments that will drive the mainland's economy. Photo: Reuters

Forecasts on prospects for the mainland economy are becoming more optimistic on the eve of a top-level meeting.

The Central Economic Working Conference, expected to be held this weekend, comes amid strong feeling among economists and government researchers that growth in the world's second-biggest economy is on the rebound.

8 May 2015 - 9:46am

Infrastructure spending key to mainland economic growth

8 May 2015 - 9:46am

Mainland sticks to stable growth

Domestic consumption will help drive China's growth. Photo: AFP

The new central leadership yesterday hinted that economic stability and continuity would be its priority, dashing hopes for a big-bang stimulus for the time being.

8 May 2015 - 9:46am

China's statistics chief says numbers back growth

Beijing's statistics chief says people will be "more confident" about the nation's fourth-quarter economic growth with the release of October data today.

Ma Jiantang, speaking before the 18th party congress, did not elaborate, but Yi Gang, deputy governor of the People's Bank of China, said the fourth-quarter performance would be "relatively good".

8 May 2015 - 9:46am

Post-congress leaders likely to shun stimulus in favour of lower growth

Tiananmen Square is spruced up for the congress. Photo: AFP

To buy or not to buy? This is a question home-buyers often ask themselves - particularly so on the mainland, where abrupt policy changes make timing crucial for investment success.

8 May 2015 - 9:46am

Chinese increasingly worry about graft and inequality, survey says

Li Dejin, head of Fujian Provincial Department of Transportation, is reported to be wearing a 50,000-yuan Rado watch. Photo: SCMP

A growing number of mainland Chinese worry about corruption, inequality and food safety, a survey said, weeks before China unveils its next generation of leaders.

17 Oct 2012 - 2:24pm 4 comments