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1. China stimulus boosts retail sales and GDP hopes amid calls for decisive support
China’s retail sales continued to improve in October following a raft of stimulus policies, but property investment remains a drag. With 2024 nearing its end, Beijing is intensifying stimulus efforts to meet its 5 per cent GDP target.
2. China’s US$833 billion debt relief plan may fall short, economists call for stronger stimulus
China’s new debt-relief plan may not be enough to reassure foreign investors or stimulate consumption, warn economists, as they fear a focus on reinforcing weaker sectors might not sufficiently address concerns. With upcoming key political meetings, global investors await additional pro-growth measures from China.
3. China’s central bank pledges to boost monetary policies amid credit uptick
The People’s Bank of China vows to intensify supportive monetary policies, focusing on the real economy, to stabilise the yuan and reduce financing costs amidst global economic uncertainties.

4. China’s economy shows signs of recovery, People’s Daily says, amid market uncertainty and Trump’s re-election
An optimistic editorial in the official mouthpiece counters market concerns over Beijing’s cautious approach to stimulus. The People’s Daily says key indicators suggest a rebound, with strong domestic demand and positive housing market signals.
5. Retail sales surge, property investment drags, urban unemployment eases, boost likely short-lived and more takeaways from October economic data
Here are six takeaways from China’s economic data for October. There may be signs of recovery, with retail sales hitting an eight-month high and unemployment easing, but property remains a concern, and further easing measures may be needed to sustain growth.
Part of this article was produced with the assistance of generative AI.


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People visit a shopping centre complex in Beijing. China’s retail sales posted strong growth in October on the back of stimulus measures. Photo: AFP

Workers prepare to attach equipment to be lifted by a crane on a construction site in the central business district in Beijing. China’s property sector is still dragging on the economy. Photo: AFP

Economy

China Economy

October data shows retail sales improvement and easing unemployment, but concerns remain over Beijing’s stimulus efforts. Here are five economy stories


October data shows retail sales improvement and easing unemployment, but concerns remain over Beijing’s stimulus efforts. Here are five economy stories.


.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}October data shows retail sales improvement and easing unemployment, but concerns remain over Beijing’s stimulus efforts. Here are five economy stories

1. .css-jfmysa{display:inline;word-break:break-word;}.css-1ankfgb{cursor:pointer;display:inline;word-break:break-word;}China stimulus boosts retail sales and GDP hopes amid calls for decisive support

2. China’s US$833 billion debt relief plan may fall short, economists call for stronger stimulus

October data shows retail sales improvement and easing unemployment, but concerns remain over Beijing’s stimulus efforts. Here are five economy stories

1. China stimulus boosts retail sales and GDP hopes amid calls for decisive support