China Economy News

Videos

'Modi's Reforms Changed India's Macros, Economic Gamechanger', Says Top Jefferies Analyst Chris Wood

Chris Wood, the global head of equity strategies at Jefferies publishes a popular weekly newsletter called Greed & Fear. In this edition of the note, Wood says that the fundamental and structural reforms in the 2 5-year terms of PM Modi's government have helped India realise its full potential. In fact, he went on to quote a note written 21 years ago, and emphasised how India has changed in the last 10 years. Watch

23 Feb 2024
Videos

Why China's Population Decline Will Deepen Their Economic Woes

China's population has not just declined for the second year in a row, it's declined by triple the amount as compared to last year. This spells more trouble for the world's second largest economy, which is already reeling under high levels of unemployment, a huge real estate sector crisis and an ageing population. Watch

19 Jan 2024
Videos

Why China's Population Decline Will Deepen Their Economic Woes | China Property Crisis | Explained

China's population has not just declined for the second year in a row, it's declined by triple the amount as compared to last year. This spells more trouble for the world's second largest economy, which is already reeling under high levels of unemployment, a huge real estate sector crisis and an ageing population. Watch

19 Jan 2024
Videos

China’s deepening property crisis threatens trouble | Mint Primer | Mint

China's housing crisis is deepening as Country Garden, a major homebuilder, missed coupon payments, causing panic among households. This highlights fears of a supply chain collapse, where material suppliers and construction firms face delayed payments, and concerns about the crisis spreading to state-backed firms. Homebuyers who paid upfront contribute a significant portion of the company's liabilities, risking protests. Despite the crisis, the government has not directly intervened in the property market so far.

8 Sep 2023
Videos

Is China’s economic miracle nearing its end? | Mint Primer | Mint

China's economy is facing challenges due to authoritarian policies, lockdowns, and economic shifts. GDP growth, while at 6.3%, is losing momentum, and youth unemployment is high. Exports, imports, and consumer spending are down, and manufacturing and service sectors are struggling. The country's traditional growth engines of exports, real estate, and infrastructure projects are sputtering. China's attempt to boost domestic consumption hasn't yielded expected results. The appointment of Pan Gongsheng as the new central bank governor reflects Beijing's firm approach to economic challenges. Despite setbacks, China's economic power remains substantial, with a head-start over India in terms of GDP growth, per-capita income, life expectancy, and education.

22 Aug 2023
Videos

Why China’s government might struggle to revive its economy | Mint Primer | Mint

China's post-Covid economic recovery has turned out to be shaky rather than robust. Initial pent-up demand was followed by economic data for April falling below expectations. China's stocks, government bond yields, and currency declined in response. The purchasing-managers indices (PMIs) for May showed slower growth in services output and consecutive shrinkage in manufacturing activity. Falling input and output prices are hurting industrial profits, hampering manufacturing investment, and raising concerns of deflation. The economy is facing a double-dip risk, potentially with close to zero growth from one quarter to the next. China may resort to easier monetary policy and looser fiscal measures, but some worry the government's response might be inadequate.

18 Aug 2023
Videos

How China’s latest export curbs could hurt India | Mint Explains | Mint

China's export curbs on gallium and germanium in response to US restrictions on high-tech exports highlight the escalating tech rivalry between the superpowers. As they vie for supremacy, global electronic product prices may rise, hindering India's digital progress and energy transition. Discover the implications of these actions and the urgent need for moderation to ensure a continuous supply of critical minerals for global development. Stay tuned for insights into the US-China tech battle and its impact on India's interests.

31 Jul 2023
Videos

How can China contain its $8.3 trillion fiscal crisis? | Mint Explains | Mint

Explore the precarious financial situation in China as we delve into the country's extensive debt crisis, focusing on the growing concern surrounding local government financing vehicles (LGFVs). With LGFV debt reaching a staggering 57 trillion yuan, almost half of China's GDP, questions arise about China's ability to avoid a full-blown financial disaster. Join us as we analyze the impact of tightened regulations, investor confidence, and the alarming risks associated with LGFVs' inability to service their debt. Discover the potential consequences of municipalities relying on LGFVs to address fiscal problems and the mounting pressure on wealthier provinces to trigger a financial scare. As China's economy matures, find out how Beijing must carefully navigate this critical situation to ensure stability and avoid a long-anticipated financial crisis.

21 Jul 2023
Videos

Why did Canada halt ties with China's answer to World Bank | Mint Primer | Mint

Canada’s government has announced it will halt its work at the China-led Asian Infrastructure Investment Bank (AIIB). The dramatic move comes after allegations surfaced that the Chinese Communist Party interfered substantially in the organisation’s work. India’s voting power in the AIIB is second only to China’s and the country has been a key beneficiary of the bank's loans.

3 Jul 2023
Videos

China’s Belt and Road Initiative has dug itself into a hole | Mint Primer | Mint

China’s Belt and Road Initiative has dug itself into a hole.

15 Apr 2023
Load More

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles