China to sacrifice deficit for 5% growth in ’25
Chinese leaders have agreed to increase the budget deficit to four per cent of GDP next year, the highest ever…
Browsing Tag
China’s GDP
China weighs major fiscal stimulus tied to US Election outcome
China is gearing up to inject significant fiscal stimulus into its economy, with plans to issue over 10 trillion…
Goldman Sachs improves China’s GDP outlook in ’24
Goldman Sachs raised its forecast for China's gross domestic product (GDP) growth in 2024 to 4.9 per cent from 4.7…
Danske Bank raises China’s GDP growth forecast to 5.2% in ’25
Danske Bank upgraded on Wednesday its growth forecast for China, citing the positive impact of recent stimulus…
Goldman Sachs slashes China’s ’24 economic growth
Global investment banks Goldman Sachs and Citigroup have revised their full-year projections for China's economic…
China’s power consumption surges 5.8% in June
China's electricity consumption in June increased by 5.8 per cent, reaching 820.5 billion kilowatt-hours (kWh).
China’s soaring exports signal weak domestic demand
China's exports of fuel and metals in June exceeded last year's levels, indicating weak demand from the country's…
Oil prices dip slightly on demand concerns
Oil prices edged lower on Wednesday, weighed down by worries about weakening demand in China, the world's largest…
US’s 60% tariffs may slash China’s GDP in ’25 – UBS warns
UBS Group AG warned that imposing a 60 per cent tariff on all Chinese exports to the UScould reduce China's GDP by…
China’s urban unemployment rate dips at 5.1% YoY in H1 ’24
China's urban unemployment rate averaged 5.1 per cent in the first half of 2024, down 0.2 per cent from the same…
