• Tue
  • Jul 29, 2014
  • Updated: 3:08am

Chinese Economy

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

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

Friday, 19 July, 2013, 3:39pm

China’s test: controlled slowdown or unemployment nightmare

The success or failure of China’s efforts to revamp its giant economy may rest with workers like Hu Zhao and Deng Jindong.

20 Jul 2013 - 3:53am

End of China boom a challenge, not a crisis: Australia

Treasurer Chris Bowen on Thursday insisted an end to the Chinese resources boom was not a crisis for Australia’s mining-driven economy, but admitted it was a challenge.

Australia’s economy is facing a difficult transition from its reliance on commodities as China’s growth slows and the resources investment boom peaks.

18 Jul 2013 - 1:41pm

SAP warns China slowdown hurting software sales

Germany’s SAP on Thursday curbed its outlook for this year software revenue, citing the effects of slowing economic growth in China and customers’ move to cloud-based services.

18 Jul 2013 - 3:20pm

China property price rise sparks fears of more curbs

Although the pace of growth slowed slightly from May, prices in nine cities, including Beijing, Shanghai, Guangzhou and Shenzhen, saw increases of more than 10 per cent from a year earlier, according to data tracked by the National Bureau of Statistics.

19 Jul 2013 - 4:11am 5 comments

Slowdown fears as Chinese economy grows by 7.5pc

China’s economy grew 7.5 per cent in the second quarter, its slowest pace in a year, though data from the National Bureau of Statistics on Monday revealed that resilience in the domestic sector helped offset a decline in the rate of expansion in the export-oriented industrial sector.

15 Jul 2013 - 10:48pm 4 comments

China GDP to test reformers’ stomach for weaker growth

China’s resolve to revamp its economy for the long-term good will be tested this month when a slew of data show growth is grinding towards a 23-year low, with no recovery in sight.

8 Jul 2013 - 1:14pm

China money rates tumble as central bank lets cash flow in

China’s inter-bank funding costs fell further on Tuesday as the central bank refrained from draining funds via its regular open market operations, and traders predicted rates would soon return to levels seen before the recent cash crunch that roiled global markets.

2 Jul 2013 - 10:42pm

China still in early stage of weak recovery, economists say

The National Bureau of Statistics said yesterday industrial firms made a profit of 470.6 billion yuan (HK$589 billion) last month, up 15.5 per cent compared to a growth of 9.3 per cent in April.

28 Jun 2013 - 12:49am

Scalpel in hand, Chinese Premier Li stirs reform hopes

Investors getting stung by China’s worst financial market rout in years should find solace in the fact that the government, in particular Premier Li Keqiang, is willing to play hardball to force through much-needed policy change.

26 Jun 2013 - 2:43pm