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canada goose store Apr 17, 2020 07:47 AM IST China’s Q1 GDP posts first decline on record as virus shuts down economy The historic slump in the world’s second largest economy comes after efforts to contain the coronavirus, which first emerged in China late last year, shut down factories, transport and shopping malls.Apr 16, 2020 08:05 AM IST China tries to revive economy but consumer engine sputters Factories and shops nationwide shut down starting in late January. Millions of families were told to stay home under unprecedented controls that have been copied by the United States, Europe and India.Feb 19, 2020 08:12 AM IST China races to contain job losses as coronavirus batters economy Now Xia is looking for a part time job after the company, with a workforce of about 100, rejected his request to pay at least half his monthly salary during the suspension, and left him no choice but to resign.Feb 14, 2020 05:19 PM IST Editor’s Take Coronavirus will have major impact on India’s auto sector Moneycontrol’s Shraddha Sharma talks to Corporate Bureau Chief Prince Thomas to understand what impact the coronavirus outbreak could have on companies the world over.Feb 11, 2020 12:35 PM IST Xi Jinping warned officials that efforts to stop virus could hurt economy: Sources With growth at its slowest in nearly three decades, China’s leaders seem eager to strike a balance between protecting an already slowing economy and stamping out an epidemic that has killed more than 1,000 people and infected more than 40,000.Feb 07, 2020 08:16 AM IST China central bank says coronavirus impact on economy will be temporary The central bank, in a statement issued ahead of a press briefing, said China is fully confident and capable of coping with any possible impact from the outbreak, which has killed more than 600 people and infected tens of thousands.Feb 05, 2020 12:06 PM IST China’s stuttering economy braces for impact of deadly virus The epidemic, which has killed hundreds and infected more than 24,000, has led to sweeping travel restrictions across the country as well as the closure of popular tourist attractions, businesses, schools and entertainment venues.Dec 16, 2019 06:58 PM IST 3 Point Analysis Tewoo group default: What this means for China The default highlights corporate stress aggravating in China and Beijing is finding it difficult to contain credit risk in a weakening economy.Apr 17, 2019 08:35 AM IST China Q1 GDP growth steady at 6.4%, beats expectations for slowdown The upbeat readings, which also showed faster growth in retail sales and investment, are likely to add to optimism that China’s cooling economy may be starting to stabilise, relieving some investor anxiety over sputtering global demand.Apr 17, 2019 07:50 AM IST Japan exports slump on weak China demand, heaping pressure on economy Ministry of Finance data out on Wednesday showed exports fell 2.4 percent in March from a year earlier, compared with a 2.7 percent drop predicted by economists in a Reuters poll, and followed a 1.2 percent decline in February.Mar 12, 2019 09:50 AM IST China’s economy shows improving trend in January February: Statistics bureau chief Ning Jizhe made the comments on the sidelines of the annual parliament meeting in Beijing.Feb 19, 2019 10:43 AM IST China needs tax cuts to relieve pressure on economy: Vice Premier Han Zheng Officials have pledged more aggressive reductions in 2019, after cutting about 1.3 trillion yuan ($192.82 billion) in taxes and fees last year.Oct 12, 2018 04:45 PM IST China auto sales sink in September as economy cools Sales in the biggest global market fell to 2 million sedans, SUVs and minivans, an industry group, the China Association of Automobile Manufacturers, reported Friday. Demand has weakened as economic growth cooled after Beijing tightened lending controls to rein in a debt boom.Oct 11, 2018 12:22 PM IST China should prepare ‘more powerful’ steps to support economy: Report Over the weekend, the People’s Bank of China (PBOC) announced its fourth cut in banks’ reserve requirement ratios (RRRs) this year to further ease credit conditions and support businesses, including exporters hit by China’s intensifying trade war with the United States.Jan 18, 2018 01:03 PM IST China’s economy grew 6.9% in 2017, topping both the official target and 2016’s growth Fourth quarter GDP growth was 6.8 percent canada goose store.

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