The biggest question for the global economy right now is how quickly China can get back to anything like normal operations while it’s battling the coronavirus outbreak that has killed almost 1,900 people and sickened tens of thousands. Government controls and people’s fears to go outside have decimated spending for businesses from local noodle joints and Starbucks stores to Alibaba delivery men.

BING NEWS:
  • China protests Europe’s new wind-turbine probe and report alleging ‘distortions in the economy’
    said via LinkedIn that his agency had published an updated report on “significant state-induced distortions in the economy” in China. A Chinese Ministry of Commerce official met Lukas the same ...
    04/21/2024 - 7:02 pm | View Link
  • China’s Overcapacity Is Already Backfiring
    But the economic data released Tuesday also showed that excess capacity is very real, and could be damaging to China itself. While China’s industrial engine revved up in January and February ...
    04/16/2024 - 1:17 am | View Link
  • China's economy grew faster than expected in the March quarter
    BEIJING, April 16 (Reuters) - China's economy grew faster than expected in the first quarter, data showed on Tuesday, offering some relief to officials as they try to shore up growth in the face ...
    04/15/2024 - 11:35 pm | View Link
  • China’s economy expands by a surprisingly strong pace in the first quarter of 2024
    “The economy appears within reach to meet the official target of ‘around 5%’ GDP growth in 2024,” Frederic Neumann, chief Asia economist for HSBC, told CNN. Tuesday’s data showed that ...
    04/15/2024 - 9:54 pm | View Link
  • China’s Economy, Propelled by Its Factories, Grew More Than Expected
    By Keith Bradsher and Alexandra Stevenson Reporting from Beijing The Chinese economy grew more than expected in the first three months of the year, new data shows, as China built more factories ...
    04/15/2024 - 7:01 pm | View Link
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