China’s November Retail Sales and Industrial Output Show Solid Growth
China’s November Retail Sales Rise 3.0% China’s retail sales grew by 3.0% in November 2024, reflecting a steady economic recovery. This increase highlights stronger consumer confidence and growing demand across multiple sectors. People in China are gradually spending more, indicating a shift toward pre-pandemic consumption patterns. Online shopping continues to play a crucial role, as
China Faces Export Slump and Shrinking Imports Ahead of Trump Tariffs
Introduction: China’s Exports Decline Ahead of Trump Tariffs China’s exports decline as tariffs imposed by the U.S. under Donald Trump threaten to disrupt global trade. These tariffs impact both exports and imports, signaling potential economic strain. With the new tariffs set to hit, China faces an uncertain future in its trade relations with the U.S.
China’s Central Bank Head Promises Economic Support for 2025 Growth
China’s Central Bank chief has recently outlined plans to support the nation’s economy as it faces a challenging global environment. With 2025 on the horizon, the People’s Bank of China (PBOC) aims to stimulate growth and maintain stability. This proactive approach will be crucial for China as it tackles both domestic and international hurdles. 1.
China’s Manufacturing PMI Improves, But Services PMI Declines in Latest Report
Recent data from China reveals mixed signals for the economy, with the official manufacturing PMI showing improvement, while the services PMI slips. This shift is important for understanding the current economic landscape in China, especially as it recovers from global disruptions and internal challenges. Let’s explore what this means for China’s economy and global markets.