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Latest Articles in china economy

China's Economy Skids As Virus Paralyses Factories, Households

Retail sales shrank 20.5% on-year, compared with a rise of 0.8% tipped by analysts and 8% growth in December as consumers shunned crowded places like shopping malls, restaurants and movie theatres.

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Dollar Near Four-Month High On Hopes Virus Is Stabilising

Across mainland China 2,015 new cases of coronavirus were confirmed as of Tuesday, the lowest daily rise since Jan. 30. China's senior medical adviser also said the outbreak might be over by April.

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IMF Says Too Soon To Quantify Impact Of Coronavirus On China's Economy

IMF spokesman Gerry Rice told a regular news briefing that the direct impact on consumer and business demand had been most severe in Hubei Province.

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Asian Shares Firm As China Data Show Signs Of Easing Economic Strains

China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, and 2019 growth of 6.1% was the slowest in 29 years, held back by anaemic domestic demand and the damaging trade war with the United States.

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China’s Skill Development Imperatives For Leadership In The Intelligent Big-Data Economy

China no longer has the labour cost advantage required to remain the low cost manufacturing hub of the world

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