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Sparks fly up as a worker produces engineering equipment for export at a factory in Nantong in China's eastern Jiangsu province. (AFP)

IMF raises China's 2021 growth forecast to 8.4%, marking 10-year high

AFP |
PUBLISHED ON APR 06, 2021 06:25 PM IST
  • Chinese economy has enjoyed strong rebound since lockdowns were lifted in the country.
People wearing face masks are seen at a subway station following the coronavirus disease (Covid-19) outbreak, in Shanghai, China.(REUTERS)
People wearing face masks are seen at a subway station following the coronavirus disease (Covid-19) outbreak, in Shanghai, China.(REUTERS)

China GDP grows 2.3% in 2020, slowest in more than four decades: Official

AFP |
PUBLISHED ON JAN 18, 2021 07:59 AM IST
The 2.3 percent expansion is the lowest figure since the Chinese economy embarked on major reforms in the 1970s.
In Picture - People at a popular shopping mall in Beijing. Representational image.(AP)
In Picture - People at a popular shopping mall in Beijing. Representational image.(AP)

China’s leisure spending remains drag on growth amid recovery

By Bloomberg | Posted by Srivatsan K C
UPDATED ON OCT 20, 2020 10:32 AM IST
Output in the sector fell 5.1% from a year ago, the statistics bureau said Tuesday in a supplemental report on gross domestic product.
A woman wearing a face mask uses her mobile phone at the entrance of Auchan supermarket in Beijing on October 19, 2020.(AFP Photo)
A woman wearing a face mask uses her mobile phone at the entrance of Auchan supermarket in Beijing on October 19, 2020.(AFP Photo)

China: From Covid +ve to positive GDP growth

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON OCT 20, 2020 05:18 AM IST
From being the first country where the Covid-19 virus was detected, China is all set to become the only major economy in the world that will grow in 2020.
A man uses a forklift to unload a pallet of imported fruit from a truck at a wholesale market in Shanghai. China released its gross domestic product figures on July 16.(Bloomberg)
A man uses a forklift to unload a pallet of imported fruit from a truck at a wholesale market in Shanghai. China released its gross domestic product figures on July 16.(Bloomberg)

China’s economy slows as trade war with US intensifies

Bloomberg News | By HT Correspondent
UPDATED ON JUL 16, 2018 10:48 AM IST
China’s Gross domestic product increased 6.7 percent in the second quarter from a year earlier. That was the slowest pace since 2016.
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