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New Business

Explainer | China’s economic recovery gathers pace, led by manufacturing, but risks remain

1. Manufacturing improvement ‘broad-based’ China’s official manufacturing purchasing managers’ index (PMI) – a survey of sentiment among factory owners –…

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New Business

China’s factory activity remains in contraction amid weak economic momentum

A reading above 50 typically indicates an expansion of economic activity, whereas a reading below implies a contraction. “China’s economic…

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New Business

China’s consumption drive falls on deaf ears as consumers remain cautious, ask for more

China has also allocated around 300 billion yuan (US$42 billion) worth of ultra-long-term special government bonds to support industrial-equipment upgrades…

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New Business

China looks for new ways to boost spending on services, from senior care to tourism

The country posted a 5 per cent increase in gross domestic product in the first half of the year from…

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