Economy
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Beijing: China’s super-rich have seen their wealth fall by the largest amount in over two decades, as the Russia-Ukraine war, Beijing’s zero-Covid measures and falling local stock markets pummelled fortunes, an annual rich list showed. more
China’s economy badly hit by Covid lockdowns: Reports

Beijing: China's economic indicators are not looking very positive as the country is badly hit by COVID-19 imposed lockdowns which is affecting both businesses and consumers.

Stabilising Chinese economy: Shanghai offers over 5,000 postdoctoral posts

Shanghai: Shanghai has offered vacancies for 5,157 postdoctoral positions with the highest annual salary going up to 7,00,000 yuan as an attempt to stabilise the economy of China.

COVID-19, aging population disrupting China's attempt to stabilise market in 2022

Beijing: COVID-19 spike and fast aging population have emerged as the new threat for China to fight the task of stabilising employment next year, media reports said.

China to reduce tariffs, open up economy, Xi says at APEC forum

Beijing: China will reduce tariffs and open up its economy to expand imports of high-quality goods and services from all countries, President Xi Jinping said on Thursday.

China's GDP growth to decline to 2.3 pc in baseline scenario in 2020, warns World Bank

Washington/Sputnik/IBNS: China's GDP growth is expected to decline to 2.3 per cent in the baseline scenario in 2020 due to the novel coronavirus (COVID-19) pandemic, the World Bank sa ...