Category: DATA

Posted in DATA

China’s coal output hit new record high in 2021

China, the world’s biggest coal producer and consumer, produced 4.07 billion tonnes of coal in 2021, marking a new record high and rising 4.7% from…

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China’s crude steel output fell in 2021 for first time since 2015, second annual drop in nearly 40 years

China’s annual crude steel production declined in 2021 for the first time in six years, retreating from a record high in 2020, as the world’s…

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China’s home prices fell at slower pace in December amid easier financing for housing market

China’s new home prices declined at a slower pace in December, after the government marginally relaxed restrictions on housing market financing and meanwhile promotions by…

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China’s GDP grew 8.1% in 2021, expanded 4% in Q4 last year

China’s gross domestic product (GDP) grew at its slowest pace in 18 months in the fourth quarter as the world’s second largest economy grappled with…

Posted in DATA PREMIUM

China’s trade surplus hit record in 2021, exports grew at fastest pace since 2011

China posted a record trade surplus in December and in 2021, driven by stronger-than-expected exports during the global Covid-19 pandemic. The trade . . ….

Posted in DATA OPINION & ANALYSIS

China’s land sales revenue in major cities declined in 2021 after six-year gaining streak

Land sales revenue in China’s 300 major cities declined 9% to 5.6 trillion yuan in 2021, ending a six-year gaining streak, according to data from…

Posted in DATA OPINION & ANALYSIS

China economy to grow around 5.5% this year after estimated 8.2% growth in 2021 – government think tank

China’s economy is expected to grow by around 5.5% in 2022, bringing the average annual growth rate forecast for 2020 to 2022 to 5.34%, a…

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China’s credit growth slower than expected in Dec, government financing picked up, corporate credit demand remained weak

New bank lending in China declined faster than expected in December but lending for the full year of 2021 set a record the world’s second-largest…

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Shenzhen city saw second-hand home sales in 2021 hit the lowest since 2008

China’s technology hub of Shenzhen saw second-hand home sales hit the lowest level since 2008 after the local government introduced reference prices to curb speculation…

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China’s consumer inflation eased more than expected in Dec, factory-gate price growth slowed for second straight month

China’s consumer inflation eased more than expected in December mainly driven by falling food prices, while factory-gate prices grew at a much slower pace following…

Posted in DATA OPINION & ANALYSIS

China’s steel industry posted best earnings on record, but pressure increases

China’s steel industry saw its earnings hit the highest on record in the first 11 months of 2021, but their earnings for November alone slumped,…

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China’s foreign exchange reserves rose for 3rd straight month in Dec to hit new high since 2016

China’s foreign exchange reserves increased in December for the third consecutive month to hit the highest level since 2016 supported by be a weaker US…

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China surpasses Japan to become world’s largest LNG importer in 2021 – report

China surpassed Japan to become the world’s largest importer of liquefied natural gas (LNG) in 2021 for the first time, according to the latest report…

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Land sales in 300 major Chinese cities declined in 2021 amid tightening real estate financing

Land sales measured in area in China’s 300 major cities reached 2.05 billion square meters in 2021 as of December 28, sliding 22% from the…

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Several cites saw home sales pick up in December amid easing financing

Several Chinese cities saw home sales pick up in December after the authority marginally relaxed financing to the housing market. New home sales in Guangzhou…

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Top Chinese property developers’ sales declined in 2021 for first time in more than a decade, fundraising hit lowest in five years

China’s major real estate developers saw property sales decline in 2021 for the first time in more than a decade and their fundraising hit the…

Posted in DATA IN-DEPTH

China’s lithium prices surge over 400% on year to jump above 270,000 yuan per tonne for first time

China’s lithium prices jumped above 270,000 yuan per tonne for the first time on record driven by strong demand for new energy vehicles and year-end…

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China’s factory activity picked up slightly in December despite Covid-19 flare-ups

China’s factory activity accelerated slightly in December despite Covid-19 flare-ups in several regions, but analysts forecast more economic headwinds ahead. The official manufacturing Purchasing Managers’…