March 16, 2026 9:38 AM

China’s economy builds early momentum in 2026 as risks mount

China's factory output growth quickened in January-February while retail sales rebounded, in a steady start to the year for an economy confronting multiple challenges including the fallout from the U.S.-Israeli war against Iran. Industrial output rose 6.3% from the same period in the previous year, National Bureau of Statistics data showed on Monday, up from the 5.2% growth clocked in December. It beat a 5% expansion forecast in a Reuters poll and marked the quickest growth since September last...

July 31, 2024 6:16 PM

China’s manufacturing sector continues to struggle despite effort to revive economy

China's manufacturing sector has recorded its third consecutive month of decline in July, signaling persistent economic challenges despite recent government efforts to stimulate growth in the world's second-largest economy. The National Bureau of Statistics reported on Wednesday that the manufacturing Purchasing Managers' Index (PMI) for July fell to 49.4, down from 49.5 in June. This marks a five-month low and remains below the crucial 50-point threshold that separates growth from contraction....

July 15, 2024 9:22 AM

China’s economy falters as property, consumer pain worsens amid rising uncertainties

China's economy is facing increasing external uncertainties and many domestic difficulties and challenges in the second half, a spokesperson for the National Bureau of Statistics said on Monday. China's GDP growth of 5% in the first half was "hard won" as businesses face relatively large pressures and key sectors face many risks, the spokesperson said in a statement published on the bureau's website. The spokesperson also said China's economic growth in the second quarter was affected by short-...