Tag Archives: Chinese economy

Economy strong going into 2nd half

The Chinese economy is expected to remain resilient in the second half, as continued efforts to promote economic transformation will support the economy as it bottoms out, experts said.

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PMI growth slows; signs promising

China’s manufacturing growth slowed in April as the government tightened supervision of financial risks, but still maintains momentum, according to analysts.

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‘Resilient’ growth tops Q1 forecasts

China’s economy got off to a strong start in the first quarter, with GDP expanding at a higher-than-expected 6.9 percent year-on-year. The result, analysts said, has laid a solid foundation for the country to achieve its growth target of at least 6.5 percent this year.

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Economic data point to further growth

China released upbeat macroeconomic data on Tuesday indicating that the economy remained on solid footing at the start of the year, and analysts said the trend will continue through the year.

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Retail sales growth strongest in a year

China’s retail sales growth picked up to 10.8 percent year-on-year in November, the highest this year. This, together with other improving indicators, shows the economy may be stabilizing, analysts said.

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Party ramps up supervision

The strict governance of the Communist Party of China has entered a new era with two regulations passed at a key meeting on Thursday, paving the way for the Party’s national congress next year and its future development.

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