China economy news
GDP growth has averaged over 9% per year for the past 45 years since it started
to open up and reform its economy in 1978, and more than 800 million people
have been pulled out of poverty. Over the same time span, access to health,
education, and other services have also significantly improved.
400 million middle-class residents, China is currently the second-largest
consumer market in the world and an upper-middle-income nation. Going forward,
it will be crucial that efforts to reduce poverty concentrate more on
addressing the vulnerabilities faced by the substantial population still
classified as poor by middle-income country standards, including those residing
in metropolitan areas. Since 2013, according to data from the trade ministry,
China has dominated the global online retail market for nine years in a row.
China had more than 812 million internet shoppers by June 2021.
Why China economy news?
The Chinese economy is of immense importance to everyone because it dominates the world economy. As a result,
interest in the Chinese economy has expanded quickly, not only for business and
economic reasons but also because it has drawn academics interested in studying
and comprehending this major recent economic phenomenon. The demand for
information that provides China economy news has increased; for the most recent
financial news from China, I suggest reading the Financial Times or Wall Street
Journal. The World Bank and other international economic organizations like the
IMF and OECD also provide a plethora of information on the Chinese economy.
Last but not least, timely updates on the Chinese economy and financial markets
should also be provided by the China-focused news websites Caixin and China
Daily. I hope you find this material useful. The crucial and important news
concerning the Chinese economy will be provided via flowing connections.
China has the
greatest manufacturing sector and exports the most goods worldwide. It is also
the second-largest importer of products and has the fastest-growing consumer
market in the world. A majority of the world’s use of metals comes from China,
which is also the biggest consumer of many other commodities. China imports
more services than it exports. It is the world’s largest commercial country and
an important player in global trade. As of 2020, China received $163 billion in
foreign direct investment, making it the highest recipient in the world. With
US$136.91 billion in external foreign direct investment for 2019 alone, it
ranks second only to Japan’s US$226.65 billion for the same period. With 658
billionaires and 3.5 million millionaires as of 2018, China led the globe in
both the total number of billionaires and millionaires. According to Credit
Suisse Group’s 2019 Global Wealth Report, China has surpassed the US in terms
of the wealth of the top 10 percent of the global population. The value of
China’s reserves increases to about $4 trillion when the foreign assets of its
state-owned commercial banks are taken into account. China has the greatest
foreign exchange reserves in the world, valued at $3.1 trillion.
The People’s Republic of China
publishes the state-run English-language daily China Daily. It offers users
up-to-date news and information on a variety of subjects, including politics,
business, culture, sports, and other subjects. If you want to stay informed on
what’s occurring in China, this is a fantastic resource.
Web source of China economy news
A monthly business and finance
magazine published by Caixin, a Chinese financial media organization. It is
renowned for offering unbiased, in-depth coverage of corporate news, financial
markets, and China’s economy. Additionally, it generates news and commentary on
Chinese politics, the environment, and social concerns.
South China Morning post
Alibaba Group owns the Hong
Kong-based daily newspaper The South China Morning Post, which is published in
English. It is the newspaper with the greatest circulation in the region. The
journal offers readers insights into the most recent business, financial, and
political developments in Hong Kong and mainland China while covering local,
national, and international news.
The State Council of the People’s
Republic of China’s official English-language electronic communication
platform, serving the global community, is called English.gov.cn. The Chinese
government’s internet presence is comprised of this website and its Chinese translation.
You can get information on the Chinese government at both the federal and
provincial levels through English.gov.cn.
In addition to offering crucial
information including news and policies, archives, services, and contact
details for public service organizations, it offers a forum for people all over
the world to engage with the Chinese government, particularly with the Chinese
Premier. This website is under the direction of the PRC State Council. We value
your suggestions about how we may serve you better.
China Economic Net
A significant national news
website sponsored by the Economic Daily is China Economic Net (ce. cn). China
Economic Net aims to be the most reliable financial website and the most
prominent interactive platform for business & economic information. It
offers economic reporting, information, and services. China Economic Net, which
began operations on July 28th, 2003, publishes over 10,000 items of news per
day through more than 100 expert channels, covering a variety of economic sectors.
International sources of China economy news
The International Monetary Fund
A global organization called the
International Monetary Fund (IMF) works to reduce poverty, increase employment,
and sustain economic growth. Additionally, it aspires to support international
trade, preserve financial stability, and promote monetary cooperation on a
worldwide scale. It was established in 1945 to help the world economy rebuild
after World War II and is presently one of the main sources of money for
developing countries, notably to save countries with balance of payment
deficits. The IMF offers technical support as well as policy recommendations to
help nations identify and address their economic difficulties. Additionally, it
offers loans to assist nations in managing their balance of payments issues,
changing their economic strategies, and recovering their economies after a
The World Bank
An international financial
organization called the World Bank lends money to nations around the globe for
capital projects. By offering developing nations financial and technical
support, the World Bank hopes to combat poverty and advance sustainable development.
In order to improve the economic circumstances of individuals in developing
nations, the World Bank collaborates with governments, civil society
organizations, and the private sector. The World Bank also aims to eliminate
inequality, advance gender equality, and promote good governance, security, and
USA sources of China economy news
The Wall Street Journal
A wonderful source for current
business and financial news is The Wall Street Journal. The WSJ is available
online and through a mobile app. Additionally, there are many subscription
options available, making it simple to select one that meets your needs.
In order to address global issues,
Bloomberg is a high-tech, market-moving, data-driven, cross-platform
information firm. Located in Midtown Manhattan, New York City, Bloomberg L.P.
is a privately held financial, software, data, and media corporation.
Through the Bloomberg Terminal (via
its Bloomberg Professional Service), its primary revenue-generating product,
Bloomberg L.P. offers financial software tools and enterprise applications,
such as analytics and equity trading platform, data services, and news, to
financial companies and organizations. In addition, Bloomberg L.P. operates two
magazines, Bloomberg Businessweek and Bloomberg Markets, a news organization
(Bloomberg News), a worldwide television network (Bloomberg Television),
websites, radio stations (Bloomberg Radio), and subscription-only newsletters.
The goal of Wikipedia is to provide
readers with useful content by serving as a freely available, publicly
accessible encyclopedia that covers all areas of knowledge. The Wikimedia
Foundation hosts Wikipedia, which consists of freely editable content with
multiple connections that direct users to relevant sites with more details.
Anyone with Internet access and in
good standing is able to create and modify Wikipedia articles, which are
written collaboratively by primarily anonymous volunteers (except in limited
cases where editing is restricted to prevent disruption or vandalism).
With more than a billion visitors
each month since its launch on January 15, 2001, Wikipedia has developed into
the largest reference website in the world. There are currently more than sixty
million pieces on it, written in more than 300 different languages. There are
6,587,649 articles in English, with 121,681 active contributors over the course
of the past month.
European sources of China economy news
The Organization for Economic
Co-operation and Development (OECD) is a 37-nation international economic group
established in 1961 with the goal of promoting global commerce and economic
growth. The OECD Economic Surveys, OECD Factbook, and Economic Outlook are some
of its most well-known publications and statistics. The goal of the OECD is to
advance legislation that will raise the standard of living for people on a
global scale, both economically and socially. It accomplishes this by offering
a platform where governments may collaborate to share experiences and look for
answers to problems they face in common. The OECD also publishes papers and
policy recommendations on a variety of subjects, such as public health,
international trade, environmental protection, and economic growth.
The Financial Times
There are a few options available
if you want to read the Financial Times. You can either subscribe to the
newspaper or use the Financial Times website to acquire a digital copy of the
publication. In addition, you may purchase individual print copies of the
newspaper or read them on your smartphone by downloading the Financial Times app.
BBC is the national broadcaster of the United Kingdom. It was established in
1932 as the BBC Empire Service and is headquartered in London’s Broadcasting
House. With over 22,000 employees worldwide, 19,000 of whom work in
public-sector broadcasting, it is the oldest national broadcaster in the world
and the one with the most staff.
Because it controls much of the global economy, the Chinese economy is extremely important to everyone. As
a result, interest in the Chinese economy has risen swiftly, not just for
commercial and financial reasons but also because it has attracted academics
eager to research and understand this important new economic event. The demand
for information that provides China economy news has increased.