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China’s Q1 GDP grows faster than expected on back of policy support: Data | World News

China's Q1 GDP grows faster than expected on back of policy support: Data | World News

[ad_1] 3 min read Last Updated : Apr 16 2024 | 9:39 AM IST China’s economy grew faster-than-expected in the first quarter, data showed on Tuesday, offering some relief to officials as they try to shore up growth in the face of protracted weakness in the property sector and mounting local government debt.   … Read more

Investors unwinding from strategy of ‘buy India, sell China’ stocks trade | News on Markets

Investors unwinding from strategy of 'buy India, sell China' stocks trade | News on Markets

[ad_1] By John Cheng, Abhishek Vishnoi and Tania Chen A popular equities strategy to “buy India, sell China” has reached an inflection point for some investors.   Lazard Asset Management, Manulife Investment Management and Candriam Belgium NV are paring exposure to India after a record-breaking rally. They’re pivoting to former favorite China, as … Read more

China’s manufacturing activity increases for first time in six months | World News

China's manufacturing activity increases for first time in six months | World News

[ad_1] The production line at the Anhui Heli Co. facility in Hefei, China | Photo: Bloomberg China’s manufacturing activity expanded in March for the first time since September, a sign that the world’s second-largest economy is stabilizing.   The official manufacturing purchasing managers index this month rose to 50.8 from 49.1 in February, … Read more

Chinese firms step up hiring, wages remain sluggish amid high competition | World News

Business Standard

[ad_1] Chinese university graduate Zhang Baichuan travels hundreds of kilometres from one job fair to another in a final push to find a better offer than the unappealing one he received after more than 1,000 applications.   He hopes the post-Lunar New Year recruiting season in China, when many companies advertise for new … Read more