Foreign banks raise China GDP forecast, Goldman Sachs says 2025 target ‘largely on track’
Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected…
Holiday caution triggers September slump in US retail sales
Data from the CNBC/NRF Retail Monitor, powered by Affinity Solutions, indicates that when excluding automobile and gasoline sales,…
Consumer Spending Slowed in September, Says Retail Group
Retail sales slowed on a monthly basis in September after a busy summer but year-over-year increases remain strong…
China’s consumers are surprising economists. Meet the ‘bifurcated shopper.’
Stories like these are showing up in the data, too. Retail sales overall grew only 3.4% in August,…
China’s Xi calls for building unified market to ‘secure an edge’ in global race
President Xi Jinping has called for more efforts to develop a unified domestic market, arguing that it will…
China’s Xi calls for building unified market to ‘secure an edge’ in global race
President Xi Jinping has called for more efforts to develop a unified domestic market, arguing that it will…
Developing | China’s economy under strain in August as retail sales, industrial output miss forecasts
China’s economy showed signs of strain in August, as sluggish domestic demand, headwinds from the US trade war…
Hong Kong’s economy is growing, but why are some sectors still hurting?
With Hong Kong leader John Lee set to deliver his annual policy address on September 17, the Post…
Nomura warns China’s stock surge risks creating a bubble with little benefit to economy
China’s stock markets have surged to their highest levels in a decade, but the rally risks creating a…
China signals bolder policies to boost spending, investment as headwinds rise
Chinese Premier Li Qiang has called for more action to boost consumption and investment, as the world’s second-largest…