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China Economy Slips Into Deflation As Post-Covid Recovery Falters
China slipped into deflation for the first time in more than two years in July, official data showed Wednesday, as slowing domestic spending weighs on the post-Covid economic recovery.
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Why Young People In China Are Rejecting Marriage
China's slow economy, high unemployment rate and the wave of corporate layoffs have become major decision drivers in the younger generation's lives that they continue postponing major life decisions and contribute to a record-low marriage rate.
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What To Expect From Xi's Next 5 Years As Chinese President
China's slowing economy will likely dominate Xi's next five years but his decision to pack the Communist Party's top leadership with loyalists has stoked concerns.
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China's Smartphone Sales Plunged to Lowest in a Decade in 2022, Vivo Top-Selling Brand: Report
China's smartphone sales tumbled 13 percent in 2022 to their lowest level in a decade as COVID controls and a slowing economy sapped consumer appetite, data from third-party research firms showed.
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China's Smartphone Sales Drop To Lowest In 10 Years
China's smartphone sales endured a record fall in 2022, tumbling 13% to their lowest level in a decade as COVID controls and a slowing economy sapped consumer appetite.
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China Covid Surge Is Walloping Its Economy, Too
China's economy continued to slow in December as the massive Covid-19 outbreak spread across the country, with activity slumping as more people stay home to try and avoid getting sick or to recover.
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Oil Falls To $95 A Barrel On Increased Supply, Lower China Demand
Oil prices fell in early Asian trade on Thursday, led lower by increased supply and worries that the global economy could slow further with renewed restrictions to curb COVID-19 in China.
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Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
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US Recession Fears Darken Outlook For Global Factories, Japan
Japan's factory activity growth slowed to a four-month low in June as China's COVID-19 curbs disrupted supply chains, while many other economies in Asia were also facing headwinds amid growing risks to the outlook from a potential US recession.
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Global Firms Warn Of Sluggish China Demand Due To Lengthy COVID Curbs
Car sales in the world's largest auto market have slowed dramatically, gamers are buying fewer consoles, and people are unwilling to replace their existing smartphones, laptops and TVs, as prolonged COVID curbs crimp spending power and put more people out of jobs.
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Covid Lockdowns Send China's Economy Reeling as Outbreaks Spread
China's economy slowed rapidly in April as the costs of both a worsening Covid outbreak and the nation's stringent approach to eliminating the virus took their toll.
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Despite Slow Export Growth, China Economic Outlook Upbeat
Premier Li Keqiang said that China's government will take measures to support the industrial sector as the economy faces renewed downward pressures
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China's Economic Risks Build as Delta Cases Spread, Prices Gain
China's economic risks are building in the second half of the year, with growth set to slow while inflation pressures are picking up, clouding the outlook for central bank support.
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China's Economy Grows More Slowly Than Expected In Second Quarter
Growth slowed significantly from a record 18.3 per cent expansion in the January-March period, when the year-on-year growth rate was heavily skewed by the COVID-induced slump.
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China To Overtake US As World's Biggest Economy By 2028: Report
China will overtake the United States to become the world's biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said.
-
China Economy Slips Into Deflation As Post-Covid Recovery Falters
China slipped into deflation for the first time in more than two years in July, official data showed Wednesday, as slowing domestic spending weighs on the post-Covid economic recovery.
-
Why Young People In China Are Rejecting Marriage
China's slow economy, high unemployment rate and the wave of corporate layoffs have become major decision drivers in the younger generation's lives that they continue postponing major life decisions and contribute to a record-low marriage rate.
-
What To Expect From Xi's Next 5 Years As Chinese President
China's slowing economy will likely dominate Xi's next five years but his decision to pack the Communist Party's top leadership with loyalists has stoked concerns.
-
China's Smartphone Sales Plunged to Lowest in a Decade in 2022, Vivo Top-Selling Brand: Report
China's smartphone sales tumbled 13 percent in 2022 to their lowest level in a decade as COVID controls and a slowing economy sapped consumer appetite, data from third-party research firms showed.
-
China's Smartphone Sales Drop To Lowest In 10 Years
China's smartphone sales endured a record fall in 2022, tumbling 13% to their lowest level in a decade as COVID controls and a slowing economy sapped consumer appetite.
-
China Covid Surge Is Walloping Its Economy, Too
China's economy continued to slow in December as the massive Covid-19 outbreak spread across the country, with activity slumping as more people stay home to try and avoid getting sick or to recover.
-
Oil Falls To $95 A Barrel On Increased Supply, Lower China Demand
Oil prices fell in early Asian trade on Thursday, led lower by increased supply and worries that the global economy could slow further with renewed restrictions to curb COVID-19 in China.
-
Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
-
US Recession Fears Darken Outlook For Global Factories, Japan
Japan's factory activity growth slowed to a four-month low in June as China's COVID-19 curbs disrupted supply chains, while many other economies in Asia were also facing headwinds amid growing risks to the outlook from a potential US recession.
-
Global Firms Warn Of Sluggish China Demand Due To Lengthy COVID Curbs
Car sales in the world's largest auto market have slowed dramatically, gamers are buying fewer consoles, and people are unwilling to replace their existing smartphones, laptops and TVs, as prolonged COVID curbs crimp spending power and put more people out of jobs.
-
Covid Lockdowns Send China's Economy Reeling as Outbreaks Spread
China's economy slowed rapidly in April as the costs of both a worsening Covid outbreak and the nation's stringent approach to eliminating the virus took their toll.
-
Despite Slow Export Growth, China Economic Outlook Upbeat
Premier Li Keqiang said that China's government will take measures to support the industrial sector as the economy faces renewed downward pressures
-
China's Economic Risks Build as Delta Cases Spread, Prices Gain
China's economic risks are building in the second half of the year, with growth set to slow while inflation pressures are picking up, clouding the outlook for central bank support.
-
China's Economy Grows More Slowly Than Expected In Second Quarter
Growth slowed significantly from a record 18.3 per cent expansion in the January-March period, when the year-on-year growth rate was heavily skewed by the COVID-induced slump.
-
China To Overtake US As World's Biggest Economy By 2028: Report
China will overtake the United States to become the world's biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said.
