Economy of the People&#039;s Republic of China http://www.globalpost.com/taxonomy/term/23272/all en GLOBAL ECONOMY-US activity picks up, hopes for euro zone rise http://www.globalpost.com/dispatch/news/thomson-reuters/130104/global-economy-us-activity-picks-hopes-euro-zone-rise <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* US services sector expands in Dec, hiring up sharply</p> <p>* U.S. employers add 155,000 jobs across economy in Dec</p> <p>* Surveys suggest euro zone downturn is easing</p> <p>* UK service sector declines, fourth quarter contraction seen</p> <p>By Steven C. Johnson and Andy Bruce</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130104/global-economy-us-activity-picks-hopes-euro-zone-rise" target="_blank">read more</a></p> Business Business cycle Economic history Economics Economist Economy of the European Union Economy of the People's Republic of China Economy of the United States Entertainment Euro Health Labor Law Macroeconomics Person Career Quotation Recessions Social Issues Unemployment United States housing bubble Thomson Reuters Fri, 04 Jan 2013 17:18:00 +0000 Thomson Reuters 5731144 at http://www.globalpost.com China's recovery seen tepid after worst year since 1999 http://www.globalpost.com/dispatch/news/thomson-reuters/130117/chinas-recovery-seen-tepid-after-worst-year-1999 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* China Q4 annual GDP growth seen quickening to 7.8 pct - Reuters poll</p> <p>* Accelerating industrial production, jump in exports point to Q4 rebound</p> <p>* 2012 GDP seen at 7.7 pct, weakest full-year growth since 1999</p> <p>* Recovery tepid amid uncertain outlook for global economy</p> <p>* Data due for release at 0200 GMT</p> <p>By Kevin Yao</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130117/chinas-recovery-seen-tepid-after-worst-year-1999" target="_blank">read more</a></p> Business China Economy of the People's Republic of China Political philosophy Thomson Reuters Thu, 17 Jan 2013 21:30:40 +0000 Thomson Reuters 5735846 at http://www.globalpost.com WRAPUP 2-China's economy posts slowest growth since 1999 http://www.globalpost.com/dispatch/news/thomson-reuters/130117/update-1-chinas-economy-rebounds-q4-2012-weakest-1999 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* China Q4 GDP +7.9 pct year-on-year vs Reuters poll f'cast +7.8 pct</p> <p>* China 2012 GDP +7.8 pct y/y vs f'cast 7.7 pct</p> <p>* 2012 was weakest full-year growth since 1999</p> <p>* Recovery tepid amid uncertain outlook for global economy</p> <p>By Kevin Yao and Aileen Wang</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130117/update-1-chinas-economy-rebounds-q4-2012-weakest-1999" target="_blank">read more</a></p> Business Economics Economy of the Arab League Economy of the People's Republic of China Entertainment Inflation Macroeconomics Recessions Technology Thomson Reuters Fri, 18 Jan 2013 03:00:06 +0000 Thomson Reuters 5735931 at http://www.globalpost.com Positive data helps China shares to first gain in 3 days http://www.globalpost.com/dispatch/news/thomson-reuters/130118/positive-data-helps-china-shares-first-gain-3-days <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>HONG KONG, Jan 18 (Reuters) - Mainland Chinese shares posted their first gain in three days on Friday, led by strength in growth-sensitive sectors after data showed the world's second-largest economy grew by a slightly better-than-expected 7.9 percent in the fourth quarter.</p> <p>The CSI300 of the top Shanghai and Shenzhen A-share listings closed up 1.7 percent at 2,595.4 points, bringing its gains for the week to 4.5 percent. The Shanghai Composite Index rose 1.4 percent to 2,317.1, advancing 3.3 percent on the week.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130118/positive-data-helps-china-shares-first-gain-3-days" target="_blank">read more</a></p> Economy of the People's Republic of China Thomson Reuters Fri, 18 Jan 2013 07:30:04 +0000 Thomson Reuters 5735980 at http://www.globalpost.com Hong Kong shares baulk at resistance levels, China climbs http://www.globalpost.com/dispatch/news/thomson-reuters/130123/hong-kong-shares-baulk-at-resistance-levels-china-climbs <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* HSI -0.1 pct, H-shares -0.3 pct, CSI300 +0.4 pct</p> <p>* HSI fails at 23,708 chart resistance in early trade</p> <p>* AIA bucks trend as investors opt for earnings safety</p> <p>* Li Ning slammed by renewed inventory woes</p> <p>By Clement Tan</p> <p>HONG KONG, Jan 23 (Reuters) - Hong Kong shares slipped on Wednesday as investors took profits on growth-sensitive outperformers after benchmark indexes faltered at chart resistance levels after a strong start to the year.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130123/hong-kong-shares-baulk-at-resistance-levels-china-climbs" target="_blank">read more</a></p> Asia Economy of the People's Republic of China Hang Seng Index Thomson Reuters Wed, 23 Jan 2013 09:45:49 +0000 Thomson Reuters 5738214 at http://www.globalpost.com China steel industry says profits plunge http://www.globalpost.com/dispatch/news/afp/130201/china-steel-industry-says-profits-plunge <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The combined profits of China's major steelmakers crashed by more than 98 percent in 2012 as growth in the economy of the world's largest steel producer slowed, an industry group said.</p> <p>After-tax profits of more than 80 steelmakers reached around 1.58 billion yuan ($251 million) last year, the China Iron and Steel Association said in a statement on its website on Thursday.</p> <p>It attributed the fall to China's economic downtrend, which cut demand and caused prices to drop.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130201/china-steel-industry-says-profits-plunge" target="_blank">read more</a></p> Business China Iron and Steel Association Economy of the People's Republic of China steel Technology World Steel Association AFP Fri, 01 Feb 2013 05:15:03 +0000 Agence France-Presse 5742552 at http://www.globalpost.com China's trade surplus surges in January http://www.globalpost.com/dispatch/news/afp/130208/chinas-trade-surplus-surges-january <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>China's trade surplus rose in January with both exports and imports beating expectations, official data showed Friday, as the country maintained its economic recovery on improving demand.</p> <p>The trade surplus rose 7.7 percent year-on-year to $29.2 billion for the month, the General Administration of Customs said in a statement, beating a median $26.6 billion forecast of economists in a Dow Jones Newswires survey. </p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130208/chinas-trade-surplus-surges-january" target="_blank">read more</a></p> Balance of trade Economics Economy of the People's Republic of China AFP Fri, 08 Feb 2013 05:01:01 +0000 Agence France-Presse 5749646 at http://www.globalpost.com China trade surplus up, inflation eases http://www.globalpost.com/dispatch/news/afp/130208/china-trade-surplus-inflation-eases <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>China's trade surplus rose and inflation eased in January, official data showed Friday, adding to recent evidence the world's number two economy is emerging from a drawn-out downtrend.</p> <p>The economy expanded last year at its lowest annual rate since 1999, in the face of weakness at home and in key overseas markets. But an uptick in the final three months of 2012 snapped seven straight quarters of slowing growth.</p> <p>And conditions continued to improve in January, according to the government.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130208/china-trade-surplus-inflation-eases" target="_blank">read more</a></p> Balance of trade Economics Economy of the People's Republic of China AFP Fri, 08 Feb 2013 09:47:08 +0000 Agence France-Presse 5749763 at http://www.globalpost.com China holiday retail sales jump 15%: government http://www.globalpost.com/dispatch/news/afp/130216/china-holiday-retail-sales-jump-15-government <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>China on Saturday said retail sales jumped nearly 15 percent on-year during the week-long Lunar New Year holiday, as consumers splurged on jewellery, clothes and food.</p> <p>Lunar New Year marks the biggest festival of the year in China as hundreds of millions of people journey across the country to celebrate the season with their families and consumer spending typically soars during the period.</p> <p>China's commerce ministry said sales during the holiday period -- which ran from February 9-15 -- rose 14.7 percent compared with last year to 539 billion yuan ($86.5 billion).</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130216/china-holiday-retail-sales-jump-15-government" target="_blank">read more</a></p> Business Economy of the People's Republic of China AFP Sat, 16 Feb 2013 05:45:15 +0000 Agence France-Presse 5757357 at http://www.globalpost.com China 2012 gold output up nearly 12%: report http://www.globalpost.com/dispatch/news/afp/130223/china-2012-gold-output-nearly-12-report <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Gold production in China, the world's second largest market for the precious metal, surged nearly 12 percent year-on-year last year despite a slowdown in the domestic economy, state media reported.</p> <p>Output rose to 403.1 tonnes in 2012, up 11.66 percent from 2011, the official Xinhua news agency said late Saturday, quoting figures from the Ministry of Industry and Information Technology.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130223/china-2012-gold-output-nearly-12-report" target="_blank">read more</a></p> Business China Economy of the People's Republic of China Political philosophy AFP Sun, 24 Feb 2013 04:31:32 +0000 Agence France-Presse 5764712 at http://www.globalpost.com US firms' performance in China worsens: group http://www.globalpost.com/dispatch/news/afp/130228/us-firms-performance-china-worsens-group <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The performance of US firms in China worsened in 2012 for the second year in a row, hurt by a slowdown in the economy and a more challenging regulatory environment, a business group said Thursday.</p> <p>The American Chamber of Commerce in Shanghai said fewer of its member companies reported being profitable or increasing revenue in an annual survey of China's business climate.</p> <p>"US managers should no longer expect China's economy to grow at the same double-digit rates of years past," said the China Business Report 2012-2013, which surveyed more than 400 of the chamber's members.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130228/us-firms-performance-china-worsens-group" target="_blank">read more</a></p> Business China Chinese financial system Economy of the People's Republic of China Labor Law Science and technology in the People's Republic of China AFP Thu, 28 Feb 2013 06:00:48 +0000 Agence France-Presse 5769305 at http://www.globalpost.com GLOBAL MARKETS-Asian shares capped by China PMI slip, US budget worry http://www.globalpost.com/dispatch/news/thomson-reuters/130228/global-markets-asian-shares-ease-economy-worries-china-data-eye <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* MSCI Asia ex-Japan capped, Nikkei turns positive</p> <p>* Euro hovers near 7-week lows vs dollar</p> <p>* China manufacturing data lacklustre, but no recession seen</p> <p>* European shares likely narrowly mixed</p> <p>By Chikako Mogi</p> <p>TOKYO, March 1 (Reuters) - Asian shares were capped on Friday, with sentiment dented by lacklustre manufacturing data from China and worries over the economic fallout from Italy's political confusion as well as possible U.S. spending cuts.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130228/global-markets-asian-shares-ease-economy-worries-china-data-eye" target="_blank">read more</a></p> Business Economics Economy of the People's Republic of China Economy of the United States Entertainment Procurement Purchasing Managers Index Thomson Reuters Fri, 01 Mar 2013 01:00:49 +0000 Thomson Reuters 5770367 at http://www.globalpost.com Asian manufacturing growth mostly weak in February http://www.globalpost.com/dispatch/news/afp/130301/asian-manufacturing-growth-mostly-weak-february <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Asian manufacturing growth was mostly weak in February, surveys showed Friday, suggesting tepid recovery in the region's export-dependent economies.</p> <p>Manufacturing activity in Chinese factories expanded at its slowest rate in five months in February, the surveys showed. Activity in Australia and Vietnam contracted while Taiwan slowed, but India and Indonesia bucked the negative trend.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130301/asian-manufacturing-growth-mostly-weak-february" target="_blank">read more</a></p> Business Economy of the People's Republic of China Investment Law AFP Fri, 01 Mar 2013 09:45:32 +0000 Agence France-Presse 5770666 at http://www.globalpost.com China sets 2013 growth target at 7.5%: Wen speech http://www.globalpost.com/dispatch/news/afp/130304/china-sets-2013-growth-target-at-75-wen-speech <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>China has set its 2013 economic growth target at 7.5 percent, unchanged from last year's, according to a speech to be given by Premier Wen Jiabao at the opening of the national legislature Tuesday.</p> <p>China's economy grew 7.8 percent in 2012, its worst performance for 13 years, in the face of weakness at home and in key overseas markets. The economy expanded 9.3 percent in 2011 and 10.4 percent in 2010.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130304/china-sets-2013-growth-target-at-75-wen-speech" target="_blank">read more</a></p> Economy of the People's Republic of China Political philosophy Wen Jiabao AFP Tue, 05 Mar 2013 01:15:31 +0000 Agence France-Presse 5773388 at http://www.globalpost.com WRAPUP 2-China bets on consumer-led growth to cure social ills http://www.globalpost.com/dispatch/news/thomson-reuters/130304/update-1-china-eyes-2013-economic-growth-75-pct-premier-wen <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Kevin Yao and Aileen Wang</p> <p>BEIJING, March 5 (Reuters) - China's new rulers will focus on consumer-led growth to narrow the gap between rich and poor while taking steps to curb pollution and graft, the government said on Tuesday, tackling the main triggers for social unrest in the giant nation</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130304/update-1-china-eyes-2013-economic-growth-75-pct-premier-wen" target="_blank">read more</a></p> Business China Economic history of the People's Republic of China Economy of the People's Republic of China Education Environment Fiscal policy Health Labor Politics Social Issues Socialism Technology Thomson Reuters Tue, 05 Mar 2013 01:30:26 +0000 Thomson Reuters 5773391 at http://www.globalpost.com