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China reports 4.6% growth in 3rd quarter
China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
HONG KONG -- China's economy expanded at an annual rate of 4.6% in the July-September quarter, the government said Friday, in the latest evidence that recent efforts to rev up growth have yet to take hold.
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.
China reports 4.6% growth in third quarter as government tries to boost struggling economy
China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly beating expectations.
China to Boost Support for Unfinished Properties
China pumps half a trillion dollars into beleaguered property sector. But that’s not enough
Chinese property shares tanked on Thursday, after measures announced by officials to bolster the flagging real estate market were deemed by investors and economists to be too piecemeal.
China to Boost Support for Unfinished Properties to $562 Billion
China said it will expand a program to support “white list” property projects to 4 trillion yuan ($562 billion) from about 2.23 trillion yuan already deployed, adding more ammunition to halt the sector’s decline.
China to boost credit support for ‘whitelist’ properties to $560bn
China plans to almost double credit support for “whitelist” housing projects to Rmb4tn ($562bn) as part of official efforts to reinvigorate its property sector and turn around the economy. The whitelist was introduced in January and includes projects and developers eligible to receive further financing from local and state-owned banks to help them complete unfinished projects.
7h
China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy
Falling prices, weak consumer spending and a housing market crash help to explain why the Chinese government is taking steps ...
15h
China's economy likely to have slowed in Q3, Beijing's 2024 target at risk
China's economy is expected to have slowed in the third quarter, dragged by a prolonged property downturn and weak ...
1d
China could raise nearly $1 trillion of fresh debt in the next 3 years to revive its economy
Beijing could raise 6 trillion yuan, or $850 billion, by selling treasury bonds over the next three years, sources told ...
3h
Chinese economy grows 4.6% in Q3 2024, narrowly exceeding expectations
The economy is “stabilising and picking up”, said the national statistics bureau. Read more at straitstimes.com.
Channel NewsAsia Singapore
3h
China is trying to revive its economy. Is it too little, too late?
The world's second-largest economy posted its slowest growth since early 2023 in the third quarter, according to data ...
2h
China's economic slowdown deepens
China's economy expanded in the third quarter at the slowest pace since early last year, as the country struggles to boost ...
1h
What is Lammy hoping to achieve in China?
Foreign secretary heads to Beijing as Labour seeks cooperation on global challenges and courts opportunities for investment ...
1d
on MSN
China’s Economy Likely Grew at Weakest Pace in Six Quarters
China’s economy likely grew at its weakest pace in six quarters, prompting Beijing to roll out a swath of stimulus measures ...
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