The Caixin/S&P Global Services purchasing managers’ index (PMI) rose to 52.2 in December from 51.5 the previous month
China economy
Morgan Stanley, Goldman Sachs downgrade Chinese equities as growth slows
The latest calls represent a rapid turnaround from their upbeat stance on the market following Beijing’s stimulus blitz in September
UAE non-oil trade with China to hit $200bn
UAE and China have flourishing economic ties as non-oil trade reached $81bn last year
China trade beats expectations as April exports rise 1.5%
The Chinese economy is being supported by trade due to the rise of overseas economies, especially the US
First Abu Dhabi Bank to triple China business revenue by 2026
First Abu Dhabi Bank looks to help UAE and China see $200bn target in 2030
China online retail spending hits $2.17tn last year, more than a quarter of global total
China announces 11 per cent surge in online retail spending to top world charts
Chinese Premier Xi Jinping likely to skip G20 summit in India: Report
Russian President Vladimir Putin has already announced that he will not be travelling to New Delhi for the Summit
China’s economy shows resilience with 6.3% growth in Q2 2023
The economic growth announced by the country’s statistics office on Monday surpassed the 4.5% rise in the first quarter
China’s central bank cuts key benchmark interest rates to boost economic recovery
The one-year Loan Prime Rate, which serves as a benchmark for corporate loans, was reduced from 3.65 percent to 3.55 percent
China’s economic recovery remains slow as April factory data underwhelms
China’s economy is emerging from three years of pandemic lockdowns, but the recovery has been uneven
China economy ‘better,’ will fight ‘systemic risks,’ says Li Qiang
China’s economy is showing “strong momentum” despite a challenging global environment, the country’s new Premier Li Qiang said
Chinese leader Xi Jinping gets rare third 5-year presidential term
Xi Jinping, 69, had named himself to a third five-year term as party general secretary in October, breaking with a tradition under which Chinese leaders handed over power once a decade
China to create 12 million jobs, confident of economic rebound this year
China’s planning officials said they plan an array of measures to meet goals announced Sunday by Premier Li Keqiang by raising incomes and encouraging innovation
China’s President Xi to visit Saudi Arabia this week, $29.2bn trade deals expected
Saudi Arabia invite China’s President Xi to the Arab Kingdom
China to roll out slew of measures to sustain industrial recovery momentum
Industry, region and enterprise-specific measures are to be adopted to secure sound development of key industries
China’s economy makes major gains in Q3, 2022 with 3.9% jump in GDP to reach $4.32tn
The latest economic growth figure was released just a day after President Xi Jinping secured a historic third term
A fresh look at Chinese equities
Global markets are all in the red with slowing economy, rising inflation, and radical policy tightening. Is there somewhere to hide? It may be time to reconsider the case for Chinese equities