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China factory gate inflation slows to 13-month low

Beijing - Al Maghrib Today

China's factory inflation slowed to a 13-month low in December, official data showed Wednesday, a sign of continued fragility in the world's second-largest economy. The producer price index (PPI) -- an important barometer of the industrial sector which measures the cost of goods at the factory gate -- rose 4.9 percent year-on-year in December, its lowest rate since November 2016,Read more

China manufacturing activity slows in December

Beijing - Al Maghrib Today

China's manufacturing activity edged down in December, official data showed Sunday, but largely maintained momentum despite increased curbs on heavy industry aimed at taming the country's chronic air pollution. The manufacturing purchasing managers' index (PMI), a gauge of factory conditions, stood at 51.6 in December, the National Bureau of Statistics (NBS) said, compared to 51.8 in November. Anything above 50Read more

China factory activity accelerates in November

RTE - Al Maghrib Today

China's manufacturing activity accelerated in November, official figures show today, beating expectations as strengthening domestic and global demand boosted production in the world's second-largest economy. China's manufacturing purchasing managers' index, a gauge of factory conditions, stood at 51.8 for the month, the National Bureau of Statistics said. This was up from 51.6 in October. Anything above 50 is considered growthRead more

China manufacturing expansion slows in July

Beijing - Al Maghrib Today

China's manufacturing activity faltered in June, official data showed on Monday, as experts warn of a slowdown in the world's second largest economy. China registered steady growth during the first half of the year with stronger-than-expected GDP and exports growth, but the positive momentum will be hard to maintain as the country looks to adopt stricter financial regulations aimed atRead more

China’s manufacturing growth slows

Beijing - Arab Today

Growth in China’s manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers’ efforts to reduce financial risks in the economy weighed on demand. The National Bureau of Statistics’ (NBS) official Purchasing Managers’ Index (PMI) fell to a six-month low of 51.2 in April from March’s near five-year highRead more

China’s home prices defy curbs, further tightening expected

Beijing - Arab Today

Prices in China’s sizzling property market, a major driver of growth in the world’s second-largest economy, accelerated in March on a monthly basis, shaking off the impact of recent cooling measures introduced to dampen speculative demand. Average new home prices in China’s 70 major cities rose 0.6 percent in March from February, higher than the previous month’s reading of 0.3Read more

China producer prices jump in March as demand goes up

Beijing - Arab Today

Prices for goods at the factory gate in China jumped in March, the government said Wednesday, in a positive sign of strengthening demand for the world's second-largest economy. The producer price index (PPI) rose 7.6 percent year-on-year in March, according to the National Bureau of Statistics, slightly beating economists' expectations of a 7.5 percent increase in a Bloomberg News survey.Read more

China producer prices jump 7.8% in February: govt

Beijing - AFP

China's factory gate prices rose at the fastest pace in more than eight years in February, official data showed Thursday, fuelling hopes the country may export inflation to the global economy. The producer price index (PPI) increased 7.8 percent year-on-year, according to the National Bureau of Statistics (NBS), marking the sixth straight month of rises and beating economist expectations ofRead more

China Industrial Firms Post Profit Rise 8.5% in 2016

Beijing - QNA

China's major industrial firms ended their days of profit losses and reaped good returns in 2016 on the back of a construction boom, the Chinese National Bureau of Statistics (NBS) said Thursday. Those companies reported an 8.5 percent profit increase in 2016, reversing a 2.3 % decline registered in 2015, the NBS said in a statement. NBS statistician He PingRead more

China’s financial sectors’ growth slower in Q4

Beijing - Arab Today

Growth in China’s real estate and financial sector slowed in the fourth quarter of 2016, despite an uptick in the overall service sector that contributed to better-than-expected GDP growth in the quarter, National Bureau of Statistics (NBS) data showed on Saturday. China reported on Friday that its economy expanded by 6.8 percent in the fourth quarter thanks to strong consumerRead more