Chinese Economy Ducks Down as the Chinese Meltdown Hits a New Low!
The Chinese economy growth ducked 7% below on Monday, for the first time since the world financial crisis. This activity has left Beijing in pressure to take drastic measures in or
Disappointing China’s factory output for May bolster fears over country’s growth
The newest findings showed that China’s factory output contracted in May, strengthening concerns over world’s second economy growth. The contraction, which was driven by anemic
IMF pushes China to introduce essential reforms as it cuts growth outlook
It may come as no surprise that the IMF decided to downgrade its growth outlook for China. The revision was driven by weak global economic conditions and unsatisfactory results rec
China sees industrial profit climb in April
China saw its industrial profit climb in April as the energy and automotive sectors visibly accelerated. Yet the Chinese officials pour cold water on hopes that the economy will re
Bad days are gathering over China’s manufacturing in May
Apparently, signs of the China’s economic recovery are weakening as the latest flash manufacturing PMI showed that factory activity slumped significantly in May. Data release
Further stimulus unlikely, China’s Premier Li says
China’s Premier Li Keqiang surprised analysts as he announced that further stimulus measures to foster growth were unlikely. Certainly, this new approach is surprising for many a
China saw inflation speed up in April
Even though China saw inflation speed up vaguely in April, it remained subdued, thereby making it possible for the government to introduce measures aimed at fostering the economy.
Little sunshine over China as trade growth in April beats expectations
It seems that there is little sunshine over China as country’s trade growth substantially improved in April, topping analysts’ estimates. Indeed, China surprised with its figur
China and India see services PMI drop in April
Two fast growing economies, China and India, saw their services PMI slump significantly in April. Certainly, it is not good news as indeed these two countries with other Asian nati