• Sun
  • Sep 21, 2014
  • Updated: 1:02pm


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 indust

Monday, 15 July, 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

True size of Beijing's deficit matches Japan's black hole

Most analysts, when they look at the economic challenges facing China, end up noting that no matter how daunting the problems, Beijing enjoys a far healthier budget balance than the governments of the world's other major economies.

12 Jun 2013 - 3:56am 1 comment

China credit risks grow as debt produces less GDP, loans rolled over

The mainland is requiring more and more debt to produce less and less growth. This raises the issue not just of where exactly all the money is going, but what happens once we all find out.

It is also causing concern that China might suffer a "Minsky moment", a classic debt bust when investors liquidate positions to satisfy debts taken out for speculation.

4 Jun 2013 - 3:57am

Economic growth slows in first quarter as inflation looms

Real gross domestic product rose only 0.2 per cent on a seasonally adjusted quarter-to-quarter basis, down from 1.4 per cent in the last three months of 2012. Year on year, output in the first quarter rose 2.8 per cent, beating market estimates.

11 May 2013 - 4:23am

Talking points

Financial secretary meets filibuster lawmakers

10 May 2013 - 4:43am

Economy at risk of overheating warns HKMA chief

Soaring household debt and rampant consumer spending have put Hong Kong's economy at risk of overheating, the city's central bank boss said yesterday.

4 May 2013 - 4:52am 1 comment

China must not overreact to slower growth numbers

China's economy is facing tough times. Gross domestic product grew by 7.7 per cent year-on-year in the first quarter of this year, worse than expected and lower than the 7.9 per cent growth recorded in the fourth quarter of 2012. No doubt local companies are feeling the bite. What are we to make of this sputtering economic recovery from the global financial crisis?

2 May 2013 - 1:30am

Taiwan disappoints with slowing growth rate

Taiwan's economy expanded at a slower pace than economists estimated in the first quarter as a faltering global recovery hurt exports, increasing pressure on the central bank to extend an interest-rate pause to aid growth.

1 May 2013 - 3:46am

Slowdown is nothing to fret over, says PBOC chief

China's slower expansion in the first quarter was "normal" as the world's second-largest economy sacrifices growth to make structural reforms, People's Bank of China governor Zhou Xiaochuan said in the US at the weekend.

22 Apr 2013 - 2:50am