Economic Indicators

South African wine exporters raise a glass to new China opportunities

Ongoing trade dispute has seen an exodus of Australian wine from China, and while a handful of importers ‘have gone completely to South Africa’, it has required a ‘big leap of faith’.

4 hours ago
‘Complex, grim’ external environment may hurt foreign investment, China says

New five-year foreign investment plan by China’s Ministry of Commerce outlines a more conservative growth target for the coming five years, in light of economic uncertainties and deteriorating international relations.

23 Oct 2021 - 1:56AM
China to utilise US$224 billion of local bonds to support slowing economy

China’s local governments issued a net 2.22 trillion yuan (US$347 billion) in special bonds in the first nine months of 2021, accounting for 61 per cent of the annual quota.

22 Oct 2021 - 7:00PM
Explainer | What does a stronger US dollar-yuan exchange rate mean?

The exchange rate between China’s yuan and the US dollar has become a closely watched issue as a lower yuan exchange rate figure means it takes fewer yuan to purchase one US dollar, indicating a stronger Chinese currency.

22 Oct 2021 - 5:18AM
‘Risk of stagflation’ mounts as China’s economic momentum slows

China’s slowing economic drive has ignited concerns about stagflation, which occurs when an economy is hit by slow growth, high inflation and unemployment.

19 Oct 2021 - 9:44AM
China’s ‘enhanced regulation’ on too-big-to-fail banks looks to ward off risks

Capital buffer will increase for 19 banks as China faces a rise in bad loans that is coinciding with a national economic slowdown.

18 Oct 2021 - 11:05PM
China’s economic slowdown confirmed, third-quarter growth slows to 4.9 per cent

China’s economy grew by 4.9 per cent in the third quarter of 2021 compared with a year earlier, down from the 7.9 per cent growth seen in the second quarter.

18 Oct 2021 - 11:26AM
Parents sue to recoup huge tuition losses amid China’s education crackdown

Private tutoring firms are collapsing across China, leaving angry customers out thousands of dollars. Meanwhile, some tutors look to cash in via a burgeoning black market, but others are being forced to leave China.

17 Oct 2021 - 10:08PM
As ‘multiple headwinds’ lash China, all eyes turn to quarterly economic data

Poor retail sales, surging raw material costs, widespread power outages and mutant Covid-19 outbreaks have slowed China’s economic recovery over the past three months.

15 Oct 2021 - 10:34PM
Covid-19 ‘faultlines’, ‘hobbled’ recoveries push IMF to downgrade outlook

The International Monetary Fund (IMF) has cut its global economic growth forecast for the year due to periodic coronavirus outbreaks, poor vaccine access and weak government policy support.

15 Oct 2021 - 12:42AM
China’s record September factory prices add to ‘rising risk of stagflation’

Rising factory-gate prices in China, which could eventually filter through to consumers, and signs of cooling economic growth are fuelling risks of ‘stagflation’, economists say.

15 Oct 2021 - 8:38AM
China has the ‘tools’ to cope with economic challenges, says Li Keqiang

Premier Li Keqiang said at the Canton Fair on Thursday China is equipped to meet economic headwinds, including its power crisis, despite slowing growth.

15 Oct 2021 - 8:35AM
On or off? Power crunch causes chaos, uncertainty in China’s northeast

After poor planning by local governments and grid operators, a severe shortage of coal continues to fuel questions about when the rolling blackouts will come to an end.

14 Oct 2021 - 11:00PM
China’s factory-gate prices rise at fastest pace on record

China’s official producer price index (PPI) rose by 10.7 per cent in September from a year earlier, while the consumer price index (CPI) rose by 0.7 per cent last month.

18 Oct 2021 - 8:34AM
China’s export growth likely to slow as other manufacturers open up

To date, Chinese exports have defied expectations that power cuts, Covid-19 outbreaks and shipping congestion would deliver a hammer blow.

14 Oct 2021 - 11:48AM
Evergrande crisis weighs heavily on China’s credit growth

The slump in China’s credit grow in September is mainly a result of tightened financing to the property sector and reduced shadow banking activities related to the industry, according to analysts.

13 Oct 2021 - 6:42PM
China export growth better than expected despite ‘instabilities, uncertainties’

China’s exports grew by 28.1 per cent in September compared with a year earlier, while imports rose by 17.6 per cent last month.

13 Oct 2021 - 12:24PM
Global economic recovery ‘really quite unique’, IMF says

Global economy is expected to grow 5.9 per cent this year before slowing to 4.9 per cent in 2022, according to the International Monetary Fund (IMF).

13 Oct 2021 - 9:33AM