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China's 2.3% expansion in 2020 was a marked slowdown from 2019's revised growth of 6%

China GDP grows at slowest pace in over 40 years

China's GDP grew at the slowest pace in more than four decades in 2020, official data showed today, but it was still expected to be the only major economy to grow at all after a strong rebound from the coronavirus crisis.

Business • 18 Jan 21

China's consumer price index rose more than expected at 0.2% on an annual basis in December

China consumer prices rise ahead of Lunar New Year

China's consumer prices rebounded in December, official data showed today, as food prices picked up due to weather difficulties and rising demand ahead of the Lunar New Year festival.

Business • 11 Jan 21

China's official manufacturing Purchasing Manager's Index rose to 52.1 in November from 51.4 in October

China factory activity grows at fastest pace in 3 years

The robust headline PMI points to solid fourth-quarter growth, which analysts at Nomura expect to quicken to 5.7% year-on-year, from 4.9% in the third quarter, an impressive turnaround from the deep contraction earlier this year.

Business • 30 Nov 20

Retail sales in the world's second-largest economy rose 4.3% on an annual basis last month, new figures show

China's consumer spending picks up in October

China's retail sales continued a general recovery in October, official data showed today, on the back of a national holiday and policies aimed at boosting spending.

Business • 16 Nov 20

China's Caixin/Markit Manufacturing Purchasing Managers' Index rose to 53.6 from September's 53

China's factory activity rises to near-decade high

Activity in China's factory sector accelerated at the fastest pace in nearly a decade in October as domestic demand surged, a private business survey showed today, adding further momentum to an economy that is quickly recovering from the coronavirus crisis.

Business • 02 Nov 20

China's economy remains on the recovery path, driven by a rebound in exports

China's economic recovery quickens in third quarter

China's economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, although the weaker-than-expected headline growth suggested persistent risks for one of the few drivers of global demand.

Business • 19 Oct 20

The Caixin/Markit services Purchasing Managers' Index (PMI) slipped to 54.0 from July's 54.1

China's services sector sustains recovery in August

The recovery in China's service sector activity extended into a fourth month in a row in August, an industry survey showed today, with companies hiring more people for the first time since January.

Business • 03 Sep 20

China's gross domestic product expanded 3.2% in the three months from April to June

China's economy bounces back from pandemic contraction

China's economy returned to growth in the second quarter following a coronavirus contraction, with President Xi Jinping promising continued expansion ahead and urging foreign companies to be a part of it.

Business • 16 Jul 20

China's Caixin/Markit services Purchasing Managers' Index rose to 58.4, the highest reading since April 2010

China services sector grows at fastest pace in a decade

China's services sector expanded at the fastest pace in over a decade in June as the easing of coronavirus-related lockdown measures revived consumer demand, though companies continued to shed jobs.

Business • 03 Jul 20

China's Purchasing Managers' Index, a key gauge of activity in factories, came in at 50.9 points in June, better than expected

China factory activity picks up despite global headwind

China's factory activity picked up pace in June, official data showed today, although analysts warned weak global demand and a potential coronavirus resurgence are weighing on its longer-term recovery.

Business • 30 Jun 20

Chinese industrial production expanded 4.4% last month, the Bureau for National Statistics (NBS), up from 3.9% in April

China's industrial output continues slow recovery

China's factory output rose again in May, while official data today also showed retail sales improved further after collapsing at the start of the year but officials warned the country faced a rocky recovery as it emerges from the coronavirus crisis.

Business • 15 Jun 20

The Chinese economy shrank 6.8% in the first quarter, the first contraction in decades, hit by the outbreak of Covid-19

China drops GDP goal as Covid-19 slams economy

China dropped its annual growth target for the first time today and pledged more government spending as the Covid-19 pandemic hammers the world's second-biggest economy, setting a sombre tone to this year's meeting of parliament.

Business • 22 May 20

Chinese industrial production climbed 3.9% in April from a year earlier, data showed today

Chinese factories fire up but consumers still gloomy

China's factory output rose for the first time this year as the world's second-largest economy slowly emerged from its coronavirus lockdown, although consumption remained depressed amid increased job losses.

Business • 15 May 20

China's exports saw a shock 3.5% rise in April despite the global impact of Covid-19

China exports see surprise 3.5% jump in April

China's exports saw a shock 3.5% rise in April despite the global impact of the coronavirus pandemic, official figures showed today, but analysts warned of weakness ahead as key markets suffer downturns.

Business • 07 May 20

China's gross domestic product shrank 6.8% in the three months from January to March from the same time a year earlier

Virus hands China first economic contraction in decades

China's economy contracted for the first time in decades last quarter as drastic measures to contain the coronavirus pandemic brought activity to a standstill, official data showed today.

Business • 17 Apr 20

Chinese GDP is set for the first quarterly contraction in more than 30 years

China cuts medium-term borrowing costs to record low

China's central bank today stepped up policy support for its embattled economy, cutting a key rate to a record-low and reducing the amount banks must hold as reserves by around $28 billion as the coronavirus crisis slammed the brakes on growth.

Business • 15 Apr 20

Experts say the coronavirus outbreak completely changed the dynamics of the Chinese economy

Fears grow for Chinese economy as virus spreads

Worry grew today that the extent of economic disruption from China's coronavirus outbreak was being underestimated as the death toll in the world's second-largest economy from the epidemic soared past 1,000.

Business • 11 Feb 20

China's growth slowed to 6.1% last year, from 6.6% in 2018, new figures show today

China posts weakest growth in 29 years on trade war hit

China's economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the US, new figures show today.

Business • 17 Jan 20

China's Singles' Day fire sale is viewed as a snapshot of consumer sentiment

China sees strong industrial, retail growth in November

China enjoyed a better-than-expected pick-up in the key retail and industrial sectors in November, data showed today.

Business • 16 Dec 19

Analysts have warned that China was facing a 'complex international economic situation' with downward pressure on the domestic economy

China's economy shows further signs of weakness

China's economy showed further signs of strain with data today showing a sharp slowdown in consumer spending and factory production.

Business • 14 Nov 19

Average new home prices in China's 70 major cities rose 0.5% in September from August, new figures show

China's home price growth flatlines in September

New home prices in China grew at a steady pace in September, with fewer cities reporting price gains, new figures show today.

Business • 21 Oct 19

Chinese GDP expanded 6% in the three months from July to September

China's growth slows to weakest level in 27 years

China's economy expanded at its slowest rate in nearly three decades in the third quarter, hit by cooling domestic demand and a protracted US trade war, data showed today.

Business • 18 Oct 19

China's Purchasing Managers' Index rose from 49.5 in August to 49.8 this month

China's factory activity edges up in September

China's manufacturing sector showed unexpected signs of improvement with two indexes showing that manufacturing activity edged up in September, despite ongoing trade pressure with the US.

Business • 30 Sep 19

Chinese industrial profits fell 2% in August from a year earlier to 517.8 billion yuan ($72.59 billion)

China's industrial profits fall as headwinds hit firms

Profits at China's industrial firms contracted in August, reversing the previous month's brief gain, as weak domestic demand and the trade war with the US weighed on corporate balance sheets.

Business • 27 Sep 19

China's retail sales slipped in August to post growth of 7.5% - 0.1% down on the previous month

China's economy strains under disappointing data

China's economy showed more signs of strain today as the country published weak data for industrial output, investment and retail sales, amid a lingering trade war with the US.

Business • 16 Sep 19

Chinese Economy