Late 2000s Recession in Asia
Vice-Premier Wang Qishan has warned China may miss its target for trade growth this year, underscoring growing concern about the slowing global economy.Saturday, 7 July, 2012, 12:00am
Growth in manufacturing activity on the mainland slowed to a six-month low in June as domestic and export demand fell, but analysts say it could pick up in the second half as stimulus measures kick in.2 Jul 2012 - 12:00am
China's exports and imports increased sharply in May but economists said the encouraging data did not signal a turnaround for the slowing economy.11 Jun 2012 - 12:00am
In a bid to defy doomsayers' predictions that the days of China's booming economy are coming to an end, Vice-Premier Li Keqiang said yesterday the country had the ability to maintain stable, relatively fast economic growth over the long run.
His comments were made during the opening ceremony of the 2012 Boao Forum for Asia on the southern resort island of Hainan .3 Apr 2012 - 12:00am
It's not unusual for China's officials to publish papers before they move to a higher position. But no one had ever written one on the importance of consumption - until now.4 Mar 2012 - 12:00am
Hong Kong narrowly escaped a recession, with its economy growing 0.1 per cent in the third quarter from the previous three months.
Low unemployment and continued growth in visitors from the mainland meant consumption held up, but the euro-zone debt crisis dragged exports down.12 Nov 2011 - 12:00am
China trade jumped more than expected last month but economists warn that the worst is not yet over, predicting more volatility because of the sovereign debt crisis in Europe, the mainland's largest export market.
Overseas shipments soared 48.5 per cent to US$131.76 billion, beating economists' consensus of 32 per cent growth.11 Jun 2010 - 12:00am
Profit at mainland industrial companies skyrocketed 119.7 per cent in the first two months of this year, powered by the economic recovery.
However, some economists are questioning whether the growth is sustainable.27 Mar 2010 - 12:00am
Mainland trade grew faster than expected last month, raising the prospect that Beijing would allow the yuan to appreciate against the US dollar.11 Mar 2010 - 12:00am
The city imported and exported far fewer goods last month than a year ago, official data shows, attributing the sharp drops to a high base of comparison - dramatic growth in trade in October last year.27 Nov 2009 - 12:00am
A low base of comparison last year and an improving economy will probably see Hong Kong return to year-on-year GDP growth in the fourth quarter, many economists predict.13 Nov 2009 - 12:00am
Growth in the mainland's industrial output and retail sales accelerated last month in a sign the economy is benefiting from the government's massive stimulus plan and increased private consumption.12 Nov 2009 - 12:00am
The decline in profits at the mainland's leading industrial firms eased in the first nine months of this year as government-led economic stimulus measures powered ahead.29 Oct 2009 - 12:00am
The mainland's economic growth might have accelerated to 7.5 per cent in the second quarter and was on track to meet Beijing's annual target, a top official said.
Zhang Jianhua, head of the People's Bank of China's research bureau, is the latest senior official to confirm the nation may have become the first major economy to recover from the global recession.8 Jul 2009 - 12:00am
Mainland exports fell more than expected last month, dashing hopes of an early recovery in trade and putting more pressure on government pump-priming to rejuvenate a sluggish economy.13 May 2009 - 12:00am