CNY News

China's industrial production grew at the slowest pace since the financial crisis and retail sales rose at a slower pace at the start of the year, adding pressure on policymakers to roll out new measures to kick start economic activity. Industrial production expanded 5.4 percent in January and February, which was slower than the 5.9 percent increase seen in December.

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Consumer prices in China were up 2.3 percent on year in March, the National Bureau of Statistics said on Monday.

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China's gross domestic product expanded 6.7 percent on year in the first quarter of 2016, the National Bureau of Statistics said on Friday.

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The manufacturing sector in China remained in contraction in April, and at an accelerated pace, the latest survey from Caixin revealed on Tuesday with a Performance of Manufacturing Index score of 49.4.

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China Oil Imports Rise as Teapot Refinery Demand Overwhelms Port

Oil imports by China, the world’s biggest consumer after the U.S., rebounded amid strong buying by independent refiners that have helped push the country’s crude demand to a record and overwhelmed one of the country’s biggest ports with tanker traffic.

Inbound shipments during April totaled 32.58 million metric tons, data from the Beijing-based General Administration of Customs showed on Sunday. That’s equivalent to 7.96 million barrels a day, up 3.2 percent from the previous month and near a record 8.04 million in February. Net oil-product exports fell 10 percent from March to 1.17 million tons.

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China's consumer price inflation remained stable yet again below the government's full-year target in April and producer prices dropped at a slower pace from last year, providing ample space for policy maneuver, official data revealed Tuesday. Consumer prices climbed 2.3 percent on a yearly basis for the third straight month in April, the National Bureau of Statistics reported today.

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China's industrial production and retail sales grew less-than-expected in April, damping hopes of stabilization in the economy.

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The Chinese private sector activity expanded at a slower pace in May as the service sector growth slowed from April and manufacturing output declined, survey data from Markit showed Friday. The Caixin composite output index came in at 50.5 in May, down from April's 50.8, signaling the weakest pace of expansion in the current three-month sequence of growth.

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Chinese exports declined at a faster pace in May, as overseas demand for Chinese products weakened further, data from the General Administration of Customs revealed Wednesday. Exports slid 4.1 percent year-over-year in May, slightly bigger than economists' expectations for a 4.0 percent decline. In April, exports had decreased 1.8 percent.

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Consumer prices in China were up 2.0 percent on year in May, the National Bureau of Statistics said on Thursday.

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