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Kevin Yao

China's factory output beats forecasts as Asia shakes off COVID slump

Nov 16 2020

BEIJING China's factory output rose faster-than-expected in October and retail sales sped up, as the recovery in the world's second-largest economy from its COVID-19 slump gathered momentum. | Video

UPDATE 2-China Oct bank loans fall more than expected but broader credit growth quickens

Nov 11 2020

* Oct outstanding TSF growth quickens to 13.7% from 13.5% in Sept (Adds analyst comment)

China considers 5% annual GDP growth target for next five years: sources

Nov 05 2020

BEIJING China's policymakers are close to setting an average annual economic growth target of around 5% for the next five years, at the lower end of ranges previously considered as global risks cloud the outlook, policy sources said.

China's economic growth seen hitting 44-year low in 2020, bounce 8.4% in 2021 - Reuters poll

Oct 27 2020

BEIJING China's economy is expected to grow at its weakest pace in over four decades even as it steadily recovers from a coronavirus-induced dive earlier this year, but overall output could rebound sharply in 2021, a Reuters poll showed.

China to set five-year plan for steering economy through choppy waters

Oct 23 2020

BEIJING China's top leaders will chart the country's economic course for 2021-2025 at a key meeting starting on Monday, seeking to balance growth and reforms to avoid stagnation amid an uncertain global outlook and deepening tensions with the United States.

China's economic recovery quickens as consumption returns

Oct 19 2020

BEIJING China's economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, although the weaker-than-expected headline growth suggested persistent risks for one of the few drivers of global demand. | Video

China needs a raft of reforms to make new economic strategy work: government advisers

Sep 29 2020

BEIJING China will need a plethora of reforms if it is to make a new economic strategy that relies mainly on domestic consumption work, advisers to the Chinese cabinet said on Tuesday.

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