• Wed
  • Jul 23, 2014
  • Updated: 10:44pm

Chinese Economy

Drop in HSBC flash PMI confirms weakness in Chinese economy

An index of mainland manufacturing activity unexpectedly fell, underscoring the risk that leaders will need to add stimulus to meet this year's goal for economic growth.

Tuesday, 25 March, 2014, 1:08am

China retail sales lead business activity weakness, survey finds

Slowing retail sales stand out as the primary drag on the mainland's economic growth so far this year, while activity in almost every other business sector sagged, the latest quarterly China Beige Book survey found.

22 Mar 2014 - 4:58am 11 comments

Data points to broad slowdown in Chinese economy

Fresh signs of weakness in the mainland economy have emerged, with a raft of indicators sinking to their lowest levels in years, but Premier Li Keqiang played down the need for stimulus, curbing hopes of a shift in policy.

14 Mar 2014 - 6:07pm 7 comments

Risks loom on China reform path amid slowing economic growth

Fresh signs of the struggle ahead for Beijing to deliver a cohesive reform-oriented agenda for economic growth have emerged as two of the mainland's top financial authorities outlined contrasting views on where the economy is heading.

7 Mar 2014 - 2:34am 2 comments

China to push ahead with fiscal reforms as it sets economic growth at 7.5pc

Premier Li Keqiang today signaled that China will push ahead with key fiscal reforms that should eventually allow the country to cut its dependence on the fixed asset investment that currently drives economic growth.

5 Mar 2014 - 4:50pm 4 comments

China current account surplus slips as capital account soars

China posted a US$188.6 billion current account surplus for last year – slightly lower than in the previous year – and a US$242.7 billion surplus in its capital and financial account – a massive turnaround from the deficit in 2012 – preliminary data from the country’s foreign exchange regulator showed on Friday.

7 Feb 2014 - 2:41pm

Why a recession would be good for China

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

Chinese factory activity expands more slowly, HSBC final PMI shows

China’s factory activity expanded at the slowest pace in three months last month, weighed down by shrinking export orders, a private survey showed on Thursday, consistent with views the economy’s growth rate has moderated into the end of the year.

2 Jan 2014 - 10:00am

HSBC's China services PMI confirms rebound indicated by official figure

A private survey released on Tuesday confirmed official figures from the weekend that showed growth in China’s services industry edged up last month, offering further indications that the economy has stabilised in the run-up to a key party reform meeting.

5 Nov 2013 - 1:10pm

China, once US companies’ great hope, now a drag

It’s official: China’s slowdown is starting to hurt corporate America.

As the world’s second-largest economy - and still growing - China is seen as a primary source of revenue growth by the largest US companies. But a country that once boasted double-digit growth is now growing at a more modest 7.5 per cent rate, its credit markets are overheated and fears of a housing bubble remain.

19 Jul 2013 - 3:39pm