Summer Davos business leaders upbeat on China
Business leaders and experts hailed the country's steady growth, advancing innovation and commitment to high-standard opening-up as key forces fueling global economic recovery.
Ouyang Shijia
China warns Japan chip curbs would threaten supply chains
As Japan announces tech and trade curbs including sanctions on some Chinese firms, China made it clear that it reserves the right to take countermeasures to safeguard its…
Spurring consumption among priorities of China’s policymakers
Nine measures have been listed to boost growth as part of a macroeconomic strategy.
‘Silver economy’ offers great biz potential, say officials
Citing measures mapped out by the new document, a National Development and Reform Commission official said it will help boost the development of related industries and better tap…
Efforts for healthy growth of China’s gaming sector stressed
Zhang Yi, CEO and chief analyst at iiMedia Research, said the new move is sending a positive signal to the gaming market, and it is helping to address the concerns caused by the…
China consumer prices drop in November
Food prices fell 4.2 per cent year-on-year in November, compared with a 4 per cent drop in October. The decline in pork prices, in particular, widened from 30.1 per cent in…
More policy support sought as China’s recovery weakens
Economists suggested that China should continue to cut interest rates, increase direct fiscal support to households and the corporate sector, and further ease the property sector.
China’s economy grows 5.5% in first half of 2023
In the second quarter, the economy rose by 6.3 per cent compared with a year earlier, up from 4.5 per cent in the first quarter of the year.
China’s growth against odds raises world’s hopes
However, experts are expecting much more on the policy front to secure the future of firms and its economy.
WTO warns of global GDP loss through decoupling and fragmentation
WTO Director-general Ngozi Okonjo-Iweala said that decoupling into two trading blocks would cost the world a 5 per cent loss in global GDP.