Fang Cheng

Weaker retail sales loom over China's economy despite some bright spots

14 Nov 2018

BEIJING China delivered a mixed economic report card for October on Wednesday as softening retail sales pointed to a consumption slowdown, even as a pick-up in industrial output and investment suggested support measures may be starting to take hold.

UPDATE 2-China Oct FX reserves drop to 18-month low as pressure on yuan grows

07 Nov 2018

* Reserves fall $33.93 bln in Oct, biggest drop since Dec. 2016

RPT-UPDATE 2-China Aug new loans fall as cooling economy makes both banks, borrowers wary

13 Sep 2018

* Aug loans 1.28 trln yuan, less than f'cast but up sharply y/y

UPDATE 2-China Aug new loans fall as cooling economy makes both banks, borrowers wary

12 Sep 2018

* Aug loans 1.28 trln yuan, less than f'cast but up sharply y/y

China revs up spending plan as economy cools, investment growth at record low

14 Aug 2018

BEIJING The Chinese government is expediting plans to invest billions of dollars in infrastructure projects as its economy shows signs of cooling further, with investment growth slowing to a record low and consumers turning more cautious.

China July new loans stronger than expected; money supply picks up

13 Aug 2018

BEIJING China's new yuan loans exceeded expectations in July while growth of broad money supply rebounded to a five-month high, as the central bank sought to step up policy support for the economy amid a growing trade battle with the United States.

China July FX reserves rise to $3.118 trillion despite trade tensions

07 Aug 2018

BEIJING China's foreign exchange reserves unexpectedly rose in July even as worries over escalating trade tensions between the United States and China have caused market volatility.

China's second-quarter GDP growth softens as trade row stirs concerns on outlook

16 Jul 2018

BEIJING China's economy expanded at a slower pace in the second quarter as Beijing's efforts to contain debt hurt activity, while June factory output growth weakened to a two-year low in a worrying sign for investment and exporters as a trade war with the United States intensified.

China's vehicle sales rise 4.8 percent in June, sustaining upswing

11 Jul 2018

BEIJING Auto sales in China rose 4.8 percent in June from a year earlier to 2.27 million vehicles, an industry association said on Wednesday, as demand remained on the upswing in the face of concerns such as the impact of a Sino-U.S. trade spat.

China holds fire on rates, posts 'shockingly weak' activity growth

14 Jun 2018

BEIJING China's economy is finally starting to cool under the weight of a multi-year crackdown on riskier lending that is pushing up borrowing costs for companies and consumers, with data on Thursday pointing to a broad slowdown in activity in May. | Video

World News

Sunshine State showdown: Trump, Biden to take campaign battle to Florida

With Election Day looming, President Donald Trump and Democratic rival Joe Biden will both rally supporters on Thursday in the critical battleground state of Florida – campaigning in the same city hours apart and putting their differing approaches to the resurgent coronavirus pandemic on full display.