China’s economic activity returned to expansion in January as the impact of COVID-19 outbreaks eased rapidly after the world’s second largest economy dropped its zero-Covid policy.
Chinese industrial companies’ profit dropped by 4% to 8.4 trillion yuan ($1.2 trillion) in 2022, expanding from the 3.6% fall in the first 11 months of 2022, according to data released by the National Bureau of Statistics (NBS) on Tuesday.
China’s residential property sales by floor area are expected to decline by about 10% in 2023, with sales to drop about 20%
China’s fiscal revenue reached 20.37 trillion yuan in 2022, rising by 0.6% from the previous year, according to data released by the Ministry of Finance on Monday.
China three largest state-owned airlines are expected to have lost combined 103.3 billion yuan in 2022, expanding by 152% from that in the previous year.
Goldman raised its year-end target for the MSCI China Index to 85 from 80, implying a 13% upside from the current level.
China’s civil aviation industry’s transport turnover reached 59.93 billion tons-kilometers in 2022, air passenger traffic reached 250 million and cargo throughput reached
China’s electric vehicle battery giant CATL opened over 6% higher at 479.37 yuan, hitting the highest in nearly five months, before paring gains to 5.3%.
China’s smartphone sales fell 13% in 2022 to 286 million units, the steepest plunge in a decade as consumers spent cautiously, market research firm IDC said in a report.
The People’s Bank of China (PBOC) said on Sunday that it will roll over three lending tools as part of efforts to guide financial institutions to beef up support for green development and other areas, said the central bank on Sunday.
China’s financial hub of Shanghai will extend the subsidies for purchases of new energy vehicles (NEVs) in a move to promote car consumption, according to an action plan to stabilize economic growth released by the municipal government on Sunday.
Hong Kong’s exports plunged by 28.9% in December from a year earlier, according to data released by the Census and Statistics Department, marking the steepest drop since the 1950s, extending an eight-month streak of declines.
Investors poured a record $12.7 billion into emerging-market debt and equity funds in the week to Wednesday, in response to China’s easing
China’s mobile phone sales reached 255 million units in 2022, plunging 19% from the previous year and falling below 300 million units for the first time since 2015, , according to a report by Chinese flat panel display and semiconductor research firm CINNO Research.
Talks between Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen in Zurich this week would have lasted longer if
The Hang Seng Index gained 1.82% close at 22,044, hitting the highest since July 5, 2022. The Hang Seng China Enterprises Index
Overseas investors bought a net 9.256 billion yuan of Chinese A-shares via the Mainland – Hong Kong Stock Connect on Friday, marking
Cathay Pacific Airways forecast a fiscal 2022 loss between HK$6.40 billion ($817.18 million) and HK$7.00 billion, but highlighted an upbeat outlook after
Australian assistant Trade Minister Tim Ayres and China’s Vice Minister of Commerce Wang Shouwen met on the sidelines of the World Economic
China’s coal imports from Russia fell in December amid logistics issues and weaker demand amid COVID outbreaks. Some 6.89 million tonnes of
Saudi Arabia remained the top oil suppliers to China followed by Russia, as Chinese refiners snapped up low-cost Russian supplies while Western
Tencent Holdings’ fourth-quarter revenue was expected to grow by 1% year over year, fueled mainly by the recovery of international game business
China’s coal imports from Russia fell in December amid logistics issues and weaker demand amid COVID outbreaks. Some 6.89 million tonnes of
China Mobile should continue to lead the 5G/ mobile segment, while it’s expected to catch up to China Telecom in terms of cloud
The Shanghai Stock Exchange and the Shenzhen Stock Exchange issued proposals to include the stocks of companies with a differential voting rights
China’s State Council, the cabinet, approved plans to establish China-Indonesia and China-Philippines demonstration parks for economic and trade innovation and development in
China’s installed capacity of wind and solar power exceeded 700 million kWh by the end of 2022, ranking the top globally, said
China’s real estate market remained sluggish across the year of 2022, with home sales sliding more than 20% to hit the lowest in six years and real estate investment posting the first annual drop on record.
China’s GDP growth for 2022 hit one of the lowest levels in nearly half a century as the world’s second largest economy
China’s total crude oil and natural gas imports fell 2.6% in 2022 from the previous year, while the average import price jumped by more than 40% after the Russia-Ukraine tensions drove up international energy prices.