Search For "chinese economy"
China's aim to boost country's economy collapses as Belt and Road Initiati
Updated : 7 months, 1 week ago IST
Beijing [China], August 11 (ANI): China's belt and road initiative, which was launched in 2013 with an audacious plan to harness the juggernaut of the Chinese economy to the goal of Asian economic development, is on the verge of crisis as BRI has become a burden for Beijing rather than a ben
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Chinese industrial inflation reaches new low
Updated : 7 months, 1 week ago IST
Beijing [China], August 10 (ANI): China's factory-gate inflation in July reached the lowest since February last year, according to the National Bureau of Statistics on Wednesday.
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China Evergrande falls short of promised restructuring plan: Report
Updated : 7 months, 3 weeks ago IST
Beijing [China], July 31 (ANI): China Evergrande Group, one of the largest property developers in the country by sales has said that it will unveil the restructuring plan within 2022, amid the constantly drowning economy due to the COVID-19 pandemic.
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Shanghai offers over 5,000 postdoctoral posts to stabilise Chinese economy
Updated : 7 months, 3 weeks ago IST
Beijing [China], July 30 (ANI): In a bid to stabilise the economy, Shanghai, China's economic hub, has offered vacancies for 5,157 postdoctoral positions with the highest annual salary going up to 7,00,000 yuan, according to a local media report.
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China's once profitable railways record USD 900bn debt amid push for expan
Updated : 8 months, 2 weeks ago IST
Beijing [China], July 8 (ANI): What was once China's profitable high-speed railways is now heading towards a trillion-dollar disaster after reports of debt nearing a whopping USD 900 billion.
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Chinese currency weakens to 6.7246 against US dollar
Updated : 8 months, 2 weeks ago IST
Beijing [China], July 6 (ANI): The central parity rate of the Chinese currency renminbi, weakened 260 pips to 6.7246 against the US dollar Wednesday, media reported citing the foreign exchange trade system.
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Chinese yuan weakens to 6.7071 against dollar
Updated : 8 months, 2 weeks ago IST
Beijing [China], July 4 (ANI): The central parity rate of the Chinese currency weakened 208 pips to 6.7071 against the US dollar Monday, media reported citing China Foreign Exchange Trade System.
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China silencing market analysts who bring to light country's catastrophic
Updated : 8 months, 4 weeks ago IST
Beijing [China], June 27 (ANI): The accounts of a famous market analyst on Chinese social media have been deactivated after he highlighted the country's catastrophic economic downturn and the consequences of government policy on the IT industry in recent weeks, as per the media portal.
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Xi Jinping is aware he needs Fintechs to support China's economy
Updated : 8 months, 4 weeks ago IST
Beijing [China], June 25 (ANI): Chinese Premier slammed the weaponization of the global financial system and vowed to meet domestic growth goals, and called for the healthy development of China's fintech sector.
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While Xi looks to secure record third term in power, China languishes in l
Updated : 9 months, 2 weeks ago IST
Beijing [China], June 9 (ANI): While President Xi Jinping is all set to secure his third term in power, China is not as strong as it used to be in the pre-COVID times.
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Faced with economic bleeding, Xi left with no choice but to tap Premier Li
Updated : 9 months, 3 weeks ago IST
Beijing [China], June 2 (ANI): In order to stabilize the nation's bleeding economy and avoid negative growth in the April-June quarter, Chinese premier Li Keqiang has been brought back at the forefront to revive the economy
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Frequent layoffs by Chinese tech giants direct young graduates towards gov
Updated : 9 months, 3 weeks ago IST
Beijing [China], May 30 (ANI): Due to a catastrophic slump in the Chinese economy followed by frequent layoffs by tech giants in the communist nation has raised concerns among the Chinese graduates, directing them towards government jobs for a stable and regular income.
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