China Macro Economy /

Economic Indicators

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China trade
China inflation
China manufacturing
China GDP
China economy
China’s economy has outperformed expectations in recent months despite facing higher external tariffs, leading the International Monetary Fund to raise its growth forecast. Photo: AFP
China's economic recovery

IMF stays upbeat on China growth despite US trade tensions

In its new World Economic Outlook, agency keeps China growth estimate at 4.8 per cent for 2025 even as uncertainty prevails in global trade.

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China manufacturing

China’s factory activity contracts again, prompting calls for policy support

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Super Typhoon Ragasa

‘Wartime readiness’: Shenzhen scrambles as Typhoon Ragasa nears China’s tech hub

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US-China trade war

Explainer | How are US tariffs affecting China’s export hubs? Answer: it’s complicated

Some Chinese provinces have recorded sharp drops in US exports amid the trade war. Others have seen shipments soar as much as 265%.

Shipping containers are stacked at a port in Qingdao, in eastern China’s Shandong province on September 4. China’s exports to the United States have fallen amid the trade war, but there has been a wide divergence in terms of the trade war’s impact on different Chinese regions. Photo: AFP
Shipping containers are stacked at a port in Qingdao, in eastern China’s Shandong province on September 4. China’s exports to the United States have fallen amid the trade war, but there has been a wide divergence in terms of the trade war’s impact on different Chinese regions. Photo: AFP
China trade

The US restricts trade from China’s Xinjiang. So why are imports up 265%?

The huge jump in shipments comes despite Washington’s targeting of the region over allegations of human rights abuses.

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China consumption

China’s economy strains in August as retail sales, industrial output miss forecasts

Weaker retail sales, investment and industry join slowing export growth, leaving analysts split on whether Beijing will step up policy support.

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China inflation

Chinese consumer prices slip back into decline amid deflationary pressures

Weak domestic demand and industrial oversupply continue to weigh on prices as CPI falls 0.4 per cent in August.

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People shop at a supermarket in Zaozhuang, Shandong province, last month. Photo: Xinhua
People shop at a supermarket in Zaozhuang, Shandong province, last month. Photo: Xinhua
China manufacturing

China still waiting for factory activity lift-off as US wields new tech curbs

Headline PMI stalls in August, with overcapacity and weak domestic demand weighing on the economy.

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China's economic recovery

China rises up ‘elite quality’ league table as AI investment booms

China ranked 19th in the latest Elite Quality Index, which assesses whether national elites create sustainable value for their countries.

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China's economic recovery

China’s economy shows signs of strain as retail sales, output lose momentum

Retail sales, industrial output fell short of expectations in July as several headwinds appeared to reduce consumer and investor confidence.

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Shoppers walk past a row of outdoor stalls in central Beijing. China has made driving up domestic consumption a key policy priority this year. Photo: AP
China consumption

China’s consumer prices flat in July, while producer deflation persists

CPI reading beats market expectations, but data suggests demand remains weak amid trade turbulence.

People shop at a supermarket in China’s Jiangsu province. Persistent deflationary pressures have been weighing on consumer prices across the country. Photo: Xinhua
People shop at a supermarket in China’s Jiangsu province. Persistent deflationary pressures have been weighing on consumer prices across the country. Photo: Xinhua
China exports

China’s exports defy trade war headwinds in July as growth surges to 7.2%

China’s exports beat market forecasts in July as rising shipments to Europe, Africa and Latin America offset the impact of US tariffs.

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China's population

China records surprise jump in marriages, raising hopes of births rebound

Beijing is striving to encourage more young people to get married and have children as it bids to arrest the country’s demographic decline.

China GDP

Guangzhou and Shenzhen, once China’s growth engines, report GDP underperformance

Southern powerhouses report lower growth rates for first half of 2025, with analysts citing trade and property challenges as the cause.

Shenzhen, China’s southern tech hub, has reported lower GDP growth rates than the national average for the first half of 2025. Photo: Dickson Lee
China's economic recovery

China’s factory activity unexpectedly worsens as exports stumble

Factory activity fell to a six-month low in July as signs emerged that China’s exports are slowing despite a ‘tariff truce’ with the US.

An employee works at a steel factory in eastern China. China’s factory activity unexpectedly fell to a six-month low in July as signs emerged of a softening in exports. Photo: AFP
An employee works at a steel factory in eastern China. China’s factory activity unexpectedly fell to a six-month low in July as signs emerged of a softening in exports. Photo: AFP
China GDP

Why did the IMF just raise China’s 2025 GDP outlook more than any other economy?

While trade shock could be less severe than initially feared, evidence is mounting that it is hurting the global economy, IMF’s chief economist says.

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China's economic recovery

What are China’s most dynamic cities? New report gives surprising answer

Smaller Chinese cities now have higher growth potential than Beijing and Shanghai, according to the Economist Intelligence Unit.

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China’s economic stimulus

China’s strong GDP figures stoke debate over stimulus as US tariff risks loom

China’s economy beat market forecasts to grow 5.2 per cent in the second quarter, but analysts said headwinds would intensify in late 2025.

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China’s economy has remained resilient in the first half of the year despite a trade war with the United States, but analysts predict headwinds will become stronger in the coming months. Photo: Getty Images
China’s economy has remained resilient in the first half of the year despite a trade war with the United States, but analysts predict headwinds will become stronger in the coming months. Photo: Getty Images
China exports

China’s exports accelerate in June as US trade truce creates opening

Exports were up 5.8 per cent in June, bucking expectations after the 90-day tariff reprieve agreed with the US in May.

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China travel

China sees surge in sales of duty-free goods amid inbound tourism boom

China has expanded a scheme allowing foreign tourists to claim tax refunds on a range of purchases, as it strives to attract more visitors.

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China's economic recovery

China’s consumer prices edge up in June, but deflation worries persist

China’s consumer price index rose for the first time in five months in June, but economists continued to call for bolder action to boost demand.

China’s economy has been plagued by deflationary pressure in recent months as weak demand and persistent oversupply lead firms to engage in vicious price wars to win customers. Photo: AFP
China-EU relations

As China, EU eye warm ties, Brussels aims to protect its manufacturing base

Experts say a key factor determining the dynamics between Brussels and Beijing is Europe’s underlying concern over China’s threat to the EU’s manufacturing prowess.

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A BMW worker stands between two mixing containers for battery paste during a factory tour. German firms are hoping that a rising manufacturing PMI reading will bode well for business. Photo: dpa/Getty Images
A BMW worker stands between two mixing containers for battery paste during a factory tour. German firms are hoping that a rising manufacturing PMI reading will bode well for business. Photo: dpa/Getty Images
US-China trade war

China’s factory activity rebounds in June as US trade tensions ease

But analysts warn the Chinese economy could face greater headwinds in the second half of 2025.

China manufacturing

China industrial profits sink 9% in May on ‘weak demand’, US trade dispute

‘Fairly clear deceleration’ in last month’s manufacturing profits suggests trade frictions with Washington are having an impact, analyst says.

China jobs

China’s youth unemployment crisis to worsen as historic graduation season looms

China’s youth unemployment rate fell to 14.9 per cent in May, but remained higher than at the same point last year.

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Students attend a campus job fair at a university in northwestern China’s Qinghai province. China’s youth unemployment rate remains stubbornly high ahead of a bumper graduation season this summer. Photo: Xinhua
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