For many leaders, mounting public anger and a rapidly worsening economic outlook would be cause for worry and a policy rethink. But Chinese President Xi Jinping, who doubtless would prefer Continue Reading
Investors aren’t buying the Chinese government’s bullish rhetoric and promises of support for an economy paying the price for its stringent Covid Zero strategy. China reported the biggest contraction in retail sales Continue Reading
Rising installations of solar and wind power mean efforts to shift workers from coal mines to renewable energy are speeding up. Follow us at @BloombergAU on Twitter and BloombergAsia on Continue Reading
China’s severe Covid-19 restrictions, which for two years aided the country’s pandemic rebound by keeping the virus outside its borders, are now emerging as the largest threat to its growth. Continue Reading
Crude steel apparent consumption falls 3.8% on year in March Demand may fall further amid the cash-strapped property sector China’s steel demand is expected to continue declining in April as Continue Reading
Container and bulk ships are skipping Asia’s largest refueling hub in Singapore as delays at ports in China and elsewhere prompt vessels to reschedule their stops to save time. A Continue Reading
China’s economic growth accelerated in the first quarter. Still, retail sales contracted and new-home sales fell in March. John Liu reports. Bloomberg News Sign up for the New Economy Daily Continue Reading
China refined 2% less oil in March than a year earlier, with throughput falling to its lowest level since October as a surge in crude oil prices squeezed margins and Continue Reading
China’s coal output rose 15% in March from the same month a year ago, with daily production climbing to a record, as Beijing urged miners to crank up operations to Continue Reading
China’s crude steel output fell more than 6% in March from the same month a year earlier, data from the statistics bureau showed on Monday, as production at mills was Continue Reading
