Economy News Chinese Economy Beats Growth Expectations In First Quarter
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China's Q1 GDP grows 5.3% y/y, well above forecast
China's economy grew 5.3% in the first quarter year-on-year, official data showed on Tuesday, comfortably beating analysts' expectations, a welcome sign for policymakers as they try to shore up demand ... Read More
China's economy jolted by weakest factory output, retail sales growth in over a year
China's factory output and retail sales grew at their weakest pace in over a year in October, piling pressure on policymakers to revamp the $19 trillion export-driven economy as a trade war with the U ... Read More
China’s Economy Stumbles After Unprecedented Slump in Investment
China’s economic activity cooled more than expected at the start of the fourth quarter, with an unprecedented slump in investment and slower growth in industrial output adding to a drag from sluggish ... Read More
China’s Economic Trajectory Is Weakening For Now, But Citi is Growing There
We ended the week with more evidence that the world’s second-largest economy entered the final quarter on a weakening trajectory. China’s economic activity cooled more than expected at the start of ... Read More
Temu-owner PDD Holdings beats profit expectations
China's PDD Holdings beat forecasts on Tuesday with a 14% rise in third-quarter adjusted earnings in a sign the e-commerce group's steep discounts and heavy marketing spending bolstered demand in its ... Read More
China's factory output, retail sales growth worst in over a year
China's factory output and retail sales growth hit their weakest pace in over a year in October, highlighting significant domestic demand and trade-war strains. Policymakers face urgent pressure to ... Read More
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