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Deflation: Why falling prices in China raise concerns

The world's second largest economy has slipped into deflation for the first time in more than two years.

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China's economy is losing momentum, while Russia's recovery is accelerating, IMF says

The IMF raised its forecast on Russia's 2023 GDP growth to 1.5% from a prior view of 0.7%.

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China's youth unemployment rate just hit a new high and its GDP growth missed analysts' expectations

China posted 6.3% second-quarter GDP growth from a year ago, missing economists' expectations of 7.3% growth.

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China's June trade data is way down from a year ago, marking yet another big red flag for China's ailing economy

China's exports tanked 12.4% in June from a year ago while imports fell 6.8% in the same period, Reuters reported, citing Chinese customs data.

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China needs to reconsider its economic focus, turn towards agriculture amid manufacturing and real estate crisis

While the idea of shifting focus towards agriculture may seem like a good solution to China's economic woes, it is important to note that there are significant challenges in this sector as well.

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China's recovery bears positively on world economy, says Philippine business leader

As the largest and most dynamic emerging economy, China's economic recovery will boost the recovery and development of the world economy, a Philippine business official has said.

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Gen Z poses a problem for the world's luxury industry

Young adults around the world have been "a very strong factor of luxury growth over the past decade".

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Experts: China on its way to high-quality development

chinadaily.com.cn |
Updated: 2021-03-09 14:24
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The ongoing annual session of the National People's Congress is especially important because, among other things, it is also deliberating on the 14th Five-Year Plan (2021-25).
In the Government Work Report delivered by Premier Li Keqiang on the opening day of the NPC session on Friday, he not only listed major targets for this year, but also several tasks for the 14th Five-Year Plan.
So what do experts think of China's economy this year and what do they foresee in the next five years? Two experts share their views with China Daily.

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U.S. manufacturers are hopeful for recovery, but worried about rising prices

U.S. manufacturers are hopeful for recovery, but worried about rising prices
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Most Asia stocks down after gains, China growth beats expectations

Most Asia stocks down after gains, China growth beats expectations
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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