China Exports Rise Sharply; Imports Fall More Than Forecast

China Holds Benchmark Lending Rates As Expected

The People's Bank of China left its interest rates unchanged for the sixth successive session on Monday. The central bank retained its one-year loan prime rate at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was 3.60 percent, unchanged from the previous month. The decision matched expectations.

RTTNews | 2天前

China Economic Growth Beats Expectations

China's economy logged stronger-than-expected growth in the first quarter as fiscal support helped to boost domestic demand but escalating trade tariff threats damps the outlook. Gross domestic product grew 5.4 percent year-on-year, data published by the National Bureau of Statistics revealed on Wednesday. This was better than economists' forecast of 5.1 percent.

RTTNews | 7天前

China Consumer Prices Fall For Second Month

China consumer prices declined for the second consecutive month in March amid trade tariffs set to increase supply and exacerbate downward pressure on prices. Consumer prices dropped unexpectedly by 0.1 percent on a yearly basis, following the 0.7 percent fall in February, the National Bureau of Statistics reported Thursday. Prices were expected to remain flat in March.

RTTNews | 13天前

China Services Activity Growth Accelerates

China's service sector growth accelerated to a three month-high in March on rising business activity and new orders, survey data from S&P Global showed on Thursday. The Caixin services Purchasing Managers' Index logged 51.9 in March compared to 51.4 in February. The index has remained above the crucial 50.0 no-change mark for the twenty-seventh straight month.

RTTNews | 20天前

China Manufacturing Growth Hits 4-Month High

China's manufacturing sector expanded at the fastest pace in four months in March as output accelerated on the back of a sustained improvement in new orders, survey data from S&P Global revealed Tuesday. The headline Caixin Purchasing Managers' Index rose to 51.2 in March from 50.8 in February. The index marked the sixth consecutive month in which the score has remained above 50.0 mark.

RTTNews | 22天前

China Maintains Benchmark Lending Rates

China left its benchmark lending rates unchanged for the fifth straight month, as widely expected, on Thursday. The People's Bank of China kept its one-year loan prime rate unchanged at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.60 percent. Both the rates were last reduced by 25 basis points each in October 2024.

RTTNews | 34天前

China Industrial Output, Retail Sales Rise More Than Forecast

China's industrial production and retail sales expanded more than expected in the January to February period driven by fiscal stimulus but the property market remained a drag on the economy. Industrial production registered an annual growth of 5.9 percent but slower than the 6.2 percent rise in December, data from the National Bureau of Statistics showed Monday.

RTTNews | 37天前

China Exports Growth Eases; Imports Logs Unexpected Fall

China's exports growth eased more than expected at the start of the year and imports logged an unexpected sharp decline amid mounting trade tensions, official data revealed on Friday. Exports grew at a slower pace of 2.3 percent annually in the January to February period, following a 10.7 percent rise in December, data from the customs office showed. Exports were expected to climb 5.0 percent.

RTTNews | 47天前

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China Exports Rise Sharply; Imports Fall More Than Forecast