China’s exports fell 8.8% from the same period last year to a total of $284.87 billion

China’s exports fell 8.8% from the same period last year to a total of $284.87 billion

Even while the world’s second-largest economy continues to face pressure from weakening demand both domestically and internationally, China’s exports fell at a slower rate in…

View More China’s exports fell 8.8% from the same period last year to a total of $284.87 billion
The second-largest economy in the world is slowing down, has entered deflation,

To boost its economy, China lowers key Interest Rates

While maintaining another key lending rate, China’s central bank surprised economists who had anticipated more muscular steps to boost economic development in the face of…

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A woman selects vegetables at a supermarket in Beijing

Chinese economy is experiencing deflation as price declines for the first time since February 2021

Consumer prices in China fell in July for the first time in almost two years, marking the beginning of deflation in the country’s economy. Read…

View More Chinese economy is experiencing deflation as price declines for the first time since February 2021
China's falling consumer prices will likely lead to more calls for government support to boost domestic spending.

China’s economic difficulties have led to the largest interest rate cut since 2020

China’s central bank unexpectedly lowered key policy rates for the second time in three months on Tuesday, a further indication that authorities are intensifying monetary…

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July saw China’s first deflation since February 2021: How will it influence global economy and common people?

China’s economy entered deflation in July for the first time since February 2021, when consumer prices fell. Due to a prolonged period of strict Covid-19…

View More July saw China’s first deflation since February 2021: How will it influence global economy and common people?