China press review

China Press Review – May 18, 2021

New rules won’t stop China’s digital economy boom, Goldman says: China’s digital economy will continue to power ahead despite recent regulatory tightening, from new internet anti-monopoly rules to a crackdown on excessive data collection, Goldman Sachs economists say.

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China Press Review – May 17, 2021

China economy suffering new problems as retail sales, industrial output slowed in April: Retail sales and industrial production grew by 17.1 per cent and 9.8 per cent respectively in April from a year earlier.

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China Press Review – May 14, 2021

A world without China: The purpose of this discussion is not to bring in a positive light the achievements of China but to provide a realistic approach as to how decades of investment, supply chain integration and reliability has brought China to a position it is at today and even the imaginary inculcation of a world without China seems more like a nightmare for the global economy.

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China Press Review – May 12, 2021

China April loans fall more than expected as central bank begins scaling back stimulus: China’s new bank loans fell more than expected in April while money supply growth slowed to a 21-month low, as the central bank gradually scales back pandemic-driven stimulus to reduce debt and financial risks in hot areas of the economy.

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China Press Review – May 10, 2021

The risky logic behind China’s economic strategy: ‘Politics in command’: In a marked shift from its once-sacrosanct policy of economic reform and market opening, China these days seems to be increasingly tightening the state’s hand over business.

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China Press Review – May 7, 2021

China’s Trade Surges as Global Stimulus Keeps Export Boom Going: China’s exports rose more than expected in April and imports climbed, a reflection of strong domestic and international demand despite the pandemic and surging commodity prices.

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China Press Review – May 4, 2021

China’s growth prospects, further opening-up in favor of attracting FDI inflows: OECD expert: China’s favorable growth prospects and further opening-up policies are key factors that attract foreign direct investment (FDI), said an official of the Organization for Economic Cooperation and Development (OECD) on Monday.

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China Press Review – May 3, 2021

The New Economy Saturday: Maybe China Won’t Beat the U.S. After All:
True, the Chinese economy is also humming along, but Xi and his advisers are spending more of their time grappling with its enduring vulnerabilities.

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China Press Review – April 30, 2021

China’s economic growth may have ‘peaked’, will ‘wane’ for rest of 2021 after April sentiment slowdown: China’s official manufacturing and non-manufacturing purchasing managers’ indices (PMI) dropped in April, but continued to show growth in the economy.

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China Press Review – April 29, 2021

China’s economy to grow 8.1% in 2021: ADB report: According to the Asian Development Bank (ADB)’s new report, economic growth in developing Asia is set to rebound to 7.3 percent this year even as COVID-19 lingers.

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China Press Review – April 28, 2021

Europeans reassess the double-edged sword of trade with China: EU exports to China have grown at a double-digit pace since the pandemic struck a year ago, a rare bright spot in Europe’s otherwise bleak economic landscape.

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China Press Review – April 27, 2021

China economy: industrial giants see profits rise over 90 per cent in March
Profits rose to 711.18 billion yuan (US$109.6 billion) in March, up 92.3 per cent from a year ago, when the economy was hard hit by the coronavirus crisis.

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China Press Review – April 26, 2021

Can Western brands recover from consumer backlash in China? For many years foreign companies operating in China have faced social media-fuelled consumer backlashes, sometimes over instances of cultural insensitivity and sometimes over political controversies.

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China Press Review – April 23, 2021

Green is the color: It’s been a really green week in all sorts of ways, and not only because of the two-day global conference chaired by the United States to discuss climate change and in progress via computer screens.

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China Press Review – April 22, 2021

Does the U.S.-China climate statement mean real cooperation ahead? On Earth Day, 40 world leaders will gather virtually for President Biden’s Leaders Summit on Climate, following Climate Envoy John F. Kerry’s trip to China last week and the release of the first U.S.-China joint climate statement in more than four years.

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China Press Review – April 20, 2021

China’s V-shaped Recovery Reached Turning Point, Goldman Says: China’s economy is on track to return to trend growth after its V-shaped recovery from the coronavirus slump ended with a record pace of expansion last quarter, according to Goldman Sachs Group Inc.

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China Press Review – April 16, 2021

China’s economy surged record 18.3 per cent in first quarter compared to a year earlier, but slowed versus fourth quarter: China’s economy grew by 18.3 per cent in the first quarter of 2021 compared to a year ago but slowed to 0.6 per cent versus the fourth quarter 2020.

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China Press Review – April 15, 2021

China GDP: first quarter growth tipped to jump above 20 per cent following historic contraction last year: China’s first quarter economic growth rate is forecast to be above 20 per cent from a year earlier, following a 6.8 per cent contraction in the first three months of 2020.

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China Press Review – April 14, 2021

China debt: local government spending under microscope to protect national economy from ‘systemic risk’: Local Chinese cadres will be held accountable for the rest of their lives if the debt raised during their terms is found to be problematic in the future.

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