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China economy grows 4.8 pct in first quarter as virus bites

Beiyi Seow, Agence France-Presse
Updated as of Apr 18 11:34 AM

China's economy grew 4.8 percent in the first quarter, official data showed Monday, as a resurgence of the coronavirus drags on economic activity and threatens Beijing's ambitious annual target. Read more »

China's economy stumbles on power crunch, property woes

Kevin Yao and Gabriel Crossley, Reuters
Posted at Oct 18 03:17 PM

Data released on Monday showed GDP grew 4.9 percent in July-September from a year earlier, the weakest clip since the third quarter of 2020. Read more »

Chinese and HK shares fall as China Q3 GDP misses estimates

Alun John, Reuters
Posted at Oct 18 12:20 PM

Mainland Chinese and Hong Kong equity markets fell on Monday after data showed China's economy grew more slowly than expected in the third quarter, weighing on regional stocks, although losses were capped by hopes of support from policymakers. Read more »

China's Q1 GDP grows at record 18.3 percent year-on-year as recovery speeds up

Reuters
Posted at Apr 16 10:38 AM

China's economy grew at a record pace in the first quarter, official data showed on Friday, expanding 18.3 percent from a year earlier as the recovery from the coronavirus slump accelerated. Read more »

China's Q4 GDP growth beats forecast after COVID-19 shock

Reuters
Posted at Jan 18 11:23 AM

China's economy grew at a faster-than-expected pace in the fourth quarter of last year, ending a rough coronavirus-striken 2020 in remarkably good shape and remained solidly poised to expand further this year. Read more »

China vice premier says economy will very likely achieve positive growth this year

Reuters
Posted at Oct 21 04:07 PM

China's Vice Premier Liu He said on Wednesday the economy will very likely achieve positive growth this year, adding that China's prudent monetary policy should be kept appropriate and flexible, and liquidity reasonably ample. Read more »

China’s rapid growth shows why virus controls must trump reopening economy

Zhou Xin, South Chine Morning Post
Posted at Oct 19 10:36 PM

Half measures around the world, with premature decisions to reopen societies and economies, have led to new rounds of infections. Read more »

China's economic recovery quickens in Q3 but misses forecasts

Gabriel Crossley and Kevin Yao, Reuters
Updated as of Oct 19 10:58 AM

China stepped up its economic recovery in the third quarter from the coronavirus shock but missed forecasts, pointing to continued challenges for one of the few drivers of global growth this year.   Read more »

China's virus-hit economy set to post first decline since at least 1992

Kevin Yao, Reuters
Posted at Apr 17 08:31 AM

China's coronavirus crisis is expected to have tipped its economy into its first decline since at least 1992, data is set to show on Friday, raising pressure on authorities to prop up growth as mounting job losses threaten social stability. Read more »

Xi puts 5G on top of spending plan to save economy from coronavirus

Frank Tang, South China Morning Post
Posted at Mar 06 10:45 AM

Xi's comments made it clear that Beijing will rely on additional infrastructure investment to stimulate growth, as it has in the past, with concerns the coronavirus will cause China's economy to shrink in the first quarter, for the first time since the Cultural Revolution in 1976. Read more »

Think tank: Novel coronavirus outbreak can cut China's GDP growth

ABS-CBN News
Posted at Feb 01 12:02 AM

The Economist Intelligence Unit says China's real GDP growth this year may slow by up to 1 percentage point from its baseline forecast of 5.9 percent. Read more »

Think tank: Novel coronavirus outbreak can slow China's GDP growth by up to 1 pct

ABS-CBN News
Posted at Jan 31 05:19 PM

The Economist Intelligence Unit says China's real GDP growth this year may slow by up to 1 percent from its baseline forecast of 5.9 percent. Read more »

US economy misses Trump's 3 percent growth target in 2019

Lucia Mutikani, Reuters
Posted at Jan 30 10:09 PM

The US economy missed the Trump administration's 3 percent growth target for a second straight year, posting its slowest annual growth in three years in 2019 as the slump in business investment deepened amid damaging trade tensions. Read more »

Philippines 'not particularly vulnerable' to China slowdown: Fitch

ABS-CBN News
Updated as of Aug 22 02:05 PM

China’s expected GDP slowdown to 5.9 percent in 2020 from 6.2 percent is not enough to move the needle but Singapore, Hong Kong, Taiwan and South Korea may see "ripple effects" due to exposure in trade and lending,Fitch Ratings Credit Policy Group's regional credit officer Dan Martin told ANC. Read more »

China Q2 GDP growth set to slow to 6.2pct, 27-year low, as trade war bites

Kevin Yao, Reuters
Posted at Jul 15 09:17 AM

Policymakers are likely to ratchet up support measures to prevent mass job losses that could pose a threat to social stability, but analysts say the room for aggressive stimulus is limited by fears of adding to already high debt levels and structural risks. Read more »