The Chinese government, facing an expected seventh consecutive monthly increase in youth unemployment, said Tuesday that it had instead suspended release of the information.The unemployment rate among 16- to 24-year-olds […]
National Bureau of Statistics (China)
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Back to news homeDeflation Becomes a Threat to China’s Economy
The United States has spent much of the past 18 months struggling to control inflation. China is experiencing the opposite problem: People and businesses are not spending, pushing the economy […]
China’s Second-Quarter G.D.P. Shows Post-Covid Rebound Faltered
Because of the huge impact of the closure of Shanghai, which has 25 million people, comparing this spring and last spring provides “a misleading picture of China’s economic performance,” said […]
In China, It’s Time to Splurge Again, and the Luxury Industry Is Relieved
This time last year, Shanghai — China’s capital of fashion and luxury — was in the throes of a ruthlessly enforced Covid lockdown. The city’s glittering high-end malls and avenues […]
With ‘Zero Covid’ Behind It, China’s Economy Starts to Recover
China’s consumers, while wary of big-ticket purchases like cars or apartments, are spending again. Many factories are still running below capacity, but exports are strengthening. Even as construction of new […]
China’s Economy Stumbled Last Year With Covid Lockdowns Hobbling Growth
The Chinese economy had one of its worst performances in decades last year as growth was dragged down by numerous Covid lockdowns followed by a deadly outbreak in December that […]
China’s Economy Stumbles in the Fog of Covid War
China’s economic engine has shuddered in recent months, hurt by lockdowns imposed to curb the spread of Covid. Housing sales sagged. Many shops and restaurants in some cities shuttered, some […]
China’s Growth Slows as Pandemic Fears Persist
BEIJING — After a year of leading the global economy out of the pandemic slump, China’s growth is now starting to level off, as the world tries to assess whether […]