China's economy

Slowdown in China's economic growth to 7.7pc a test for Li Keqiang

Chinese Premier Li Keqiang. Photo: Xinhua

China's economy grew at a lower-than-expected pace in the first quarter, the first big test of Premier Li Keqiang's determination to tackle long-term issues ranging from urbanisation to reform of the financial system.

Tuesday, 16 April, 2013, 5:39am

Salary growth slows in China

The companies who put up these job advertisements in Zhuji in Zhejiang province can expect slower wage growth this year. Photo: AFP

Mainland wage gains have moderated on weaker corporate profits, capping consumer demand as the government seeks to sustain a rebound after a seven-quarter economic slowdown.

27 Nov 2012 - 4:21am

Winds of change 'to blow through' China's economy

Workers build walls in Shanghai's Lujiazui financial area. Some predict major economic reform under Xi Jinping's leadership. Photo: Reuters

Despite perceptions that China's new leadership under Xi Jinping will be conservative, some analysts believe Xi's administration-in-waiting seriously intends to undertake economic reforms.

Laura Cha Shih May-leung, a Hong Kong deputy to the National People's Congress, is one of those believers.

27 Nov 2012 - 4:08am

Hopes for freer rein on market in China as changes loom

Li Jiange

The mainland's new Communist Party leadership, headed by Xi Jinping, will probably unveil new market-oriented changes late next year, according to Li Jiange, head of the country's biggest investment bank.

19 Nov 2012 - 4:13am

IMF says China's economy will not have a hard landing this year

Yi Gang, deputy governor of the People's Bank of China. Photo: Bloomberg

The International Monetary Fund all but ruled out a hard landing for China's slowing economy, saying it would expand despite increasing headwinds from battered markets in Europe and the United States.

13 Oct 2012 - 4:57am

Stopping at nothing in tough economic times

China's exports were hit hard by Europe's debt crisis. Photo: Xinhua

The mainland economy has been experiencing a worse-than-expected slowdown, and the government's inaction, say some economists, is raising the odds of missing its growth target.

August data released earlier this month showed exports were hit hard by the European debt crisis and investments have yet to pick up despite Beijing's quickened approval of construction projects.

26 Sep 2012 - 3:33am

China Beige Book reports wavering optimism

An owner works in his shoe factory in Zhejiang province to save on labour costs. Photo: Xinhua

The mainland's manufacturers and retailers are less optimistic about sales than they were three months ago, and more firms are cutting jobs, a survey shows.

25 Sep 2012 - 3:31am