Economy
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In an unexpected move, People’s Bank of China trimmed the interest rate on 401 billion yuan ($55.25 billion) worth of one-year medium-term lending facility (MLF) loans from 2.65% to 2.50 on Tuesday. more
China's reopening policy fails to save mutual fund industry for another year: Reports

Beijing: China's reopening policy has arrived too late and this has failed to save the country’s mutual fund industry from another dismal year, media reports said on Saturday.

China's COVID-19 surge affecting factories and consumer market

Beijing: China's COVID-19 surge is troubling the economic state of the country, media reports said on Tuesday.

China’s services sector activity shrinks to 6-month low amid COVID-19 restrictions

Beijing: The COVID-19 situation in China has left the service sector shrinking to a six-month low in November, media reports said on Wednesday.

Worsening economy: Jobless Chinese man turns to car boot sales

Beijing: A Chinese man has been forced to invest his life savings of 80,000 yuan (USD 11,785) into selling coffee from the back of his green Suzuki microvan in Beijing, highlighting the t ...

China's factory activities slow down in March amid COVID-19 resurgence

Beijing: The factory activities in China, a country witnessing a surge in COVID-19 cases, likely shrank in March, media reports said on Friday.

Shrinking job market, ageing population remain China's growing challenge: Report

Beijing: The Chinese economy is facing two way challenges amid COVID-19 imposed slowdown where the country is badly hit by the shrinking job market and an ageing population, media reports ...

Analysts believe China's economy is declining as Lunar New Year holiday consumption shows sluggish movement

Beijing: Analysts believe China's economy may be declining as a signal of it was seen when consumption over the week-long Lunar New Year holiday in China failed to get anywhere near p ...

Chinese small businesses still struggle to recover from COVID-19 massacre

Beijing: China's small businesses are still failing to add to the country's economic recovery as they are struggling to still deal with the damage done to them by COVID-19.

China witnesses lowest economic growth in several decades

Beijing: China marked its lowest economic growth in a span of four decades in recent years.