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China's consumer sentiment decreased marginally in January, results of a survey by MNI and Westpac showed Wednesday.
The Westpac-MNI consumer sentiment index edged down to 112.1 in January from 112.5 in December.
In November, the index was at 111.
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China's service sector expansion slowed to a six month low in January, as the growth in new business and output was weak, estimates released by Markit Economics and HSBC Bank showed Wednesday.
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China's trade surplus rose to a record high in January as imports plunged at the fastest rate in more than five years and export unexpectedly declined, figures from the customs office showed Sunday.
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China's manufacturing sector rebounded unexpectedly in February as the PMI rose to its highest level in four months, flash figures from Markit Economics showed Wednesday. The HSBC flash manufacturing purchasing managers' index, or PMI, rose to a four-month high of 50.1 in February from 49.7 in January. Economists expected the index to come in at 49.5.
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China's industrial production and retail sales growth slowed more-than-expected at the start of the year, reflecting moderation in growth momentum, data revealed Wednesday. Industrial production increased 6.8 percent year-on-year in the January to February period, the National Bureau of Statistics said. The annual growth was forecast to slow to 7.7 percent from 7.9 percent.
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A leading economic index for the Chinese economy jumped 1.5 percent in February, the Conference Board said on Tuesday, to a score of 317.6.
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The manufacturing sector in China moved into contraction territory in March, the latest survey from HSBC Bank showed on Tuesday, with a PMI score of 49.2.
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China's industrial profits dropped in the first two months of the year, the National Bureau of Statistics revealed Friday.
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China on Monday relaxed rules on downpayment requirements and housing tax for home buyers, as policymakers try to revive momentum in the slowing property market that poses risks to overall economic growth.
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China's reserve requirement ratio reduction by 100 basis points announced Sunday was the biggest such cut since the financial crisis. The People's Bank of China lowered the amount set aside by banks as reserves to 18.5 percent effective Monday. This was the second reduction this year, an action taken after the economy logged its weakest growth in six years.
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The manufacturing sector in China slipped further into contraction territory in April, the revised survey from HSBC Bank showed on Monday, with a PMI score of 48.9.
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The services sector in China expanded at an accelerated pace in April, the latest survey from HSBC showed on Wednesday, with a PMI score of 52.9.
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The Chinese government has decided to cut import tariffs on consumer goods such as cosmetics, shoes, clothes and diapers in June, in a bid to boost domestic consumption amid slowing economic growth. Import taxes on some products will be lowered by an average over 50 percent, starting June 1, the Ministry of Finance said in a statement on Monday.
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The manufacturing sector in China remained in contraction in May, the latest report from HSBC Bank showed on Monday, with a manufacturing PMI score of 49.2.
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Exports in the world's second largest economy, China, fell for a third consecutive month in May, highlighting slowing demand in the country.
Exports fell 2.5% from a year ago in dollar denominated terms, and 2.8% in yuan denominated figures.
Both figures were above expectations, but the slide in imports has sparked worries on the domestic end.
Imports tumbled 17.6% in dollar terms, while yuan-denominated imports plunged 18.1% - falling for the seventh month.
Zhu Haibin, economist at JP Morgan said Monday's data shows that the economy will struggle to meet the government's trade growth target even with the export rise.
"Imports are still much weaker than expected. Exports are doing fine, even though we are still talking about a year-on-year decline, but in terms of momentum they've rebounded a bit after the collapse in March," he told Reuters.
"This year the government set up the target of trade growth at 6%, which at this moment, is still impossible to achieve, particularly with the weak imports."
Domestic demand in China continues to be weak despite stimulus measures by the government and central bank to boost growth.
The central bank had lowered interest rates just last month, which was the third time in six months to spur lending and economic activity.
The drop in imports led China's trade surplus to $59.5bn in May, up nearly 75% from April.
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Consumer prices in China were up 1.2 percent on year in May, the National Bureau of Statistics said on Tuesday. That was slightly below expectations for 1.3 percent, and it was down from 1.5 percent in April.
EURUSD M5: 38 pips price movement by CNY - CPI news event:
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China's central bank on Wednesday sharply cut the inflation projection for the year and lowered the growth forecast slightly as it expects the government measures to underpin the momentum.
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The Chinese manufacturing sector continued to contract in June, albeit at a slower pace, HSBC Bank said on Tuesday with a preliminary PMI score of 49.6.
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The services sector in China continued to expand in June, albeit at a slower pace, the latest PMI from HSBC Bank showed on Friday, with a PMI score of 51.8.
NZDUSD M5: 23 pips price movement by CNY - HSBC Services PMI news event :
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Chinese exports increased at a faster-than-expected pace in June, while imports fell less-than-expected, official data showed Monday.
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Profits earned by Chinese industrial enterprises increased in June, figures from the National Bureau of Statistics showed Monday.
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China devalued yuan by the most in two decades to cushion its exports as the economy shows no solid signs of revival after the volatility in the stock market. The bank set the value of yuan at 6.2298 a dollar, 1.9 percent lower than Monday's official fixing rate. This was the biggest one-day loss since 1994, when it unified official rate with market rates.
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Profits earned by Chinese industrial enterprises decreased in July after rising in the previous month, figures from the National Bureau of Statistics showed Friday.
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Chinese manufacturers reported the sharpest deterioration in operating condition in more than six years in August and the service sector expanded at the slowest pace in the current 13-month sequence of growth. The manufacturing Purchasing Managers' Index fell to 47.3 in August, which was the lowest reading since March 2009, survey data from Caixin Insight Group and Markit showed Tuesday.
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China's inflation accelerated in August on soaring food prices, while producer prices fell at the fastest pace since late 2009 largely due to easing commodity prices. Inflation rose to a 12-month high of 2 percent in August from 1.6 percent in July, the National Bureau of Statistics reported Thursday. It was expected to rise to 1.8 percent.
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Home prices in majority of the Chinese cities increased in August, figures from the National Bureau of Statistics showed Friday.
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China posted a merchandise trade surplus of $60.34 billion in September, the Customs Office said on Tuesday.
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China's inflation eased in September, reflecting a slowdown in food inflation, and producer prices extended its downward trend, adding to fears of deflationary pressure amid moderation in economic growth. Consumer price inflation slowed to 1.6 percent in September from a 12-month high of 2 percent seen in August. It was forecast to fall to 1.8 percent.
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China's central bank unexpectedly lowered interest rates and reserve ratio on Friday, in what could be the latest stimulus effort to underpin the economy that is adjusting itself to the 'new normal' of lower growth. The People's Bank of China cut the one-year lending rate and deposit rate by a quarter-point to 4.35 percent and 1.5 percent, respectively. The new rates will take effect on Saturday.
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China's industrial profits dropped marginally in September from a year ago, figures from the National Bureau of Statistics showed Tuesday.
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China's industrial production growth slowed unexpectedly and property market saw subdued investment growth in October, while retail sales rose more than expected, providing a mixed picture of the economy. Industrial production climbed 5.6 percent on a yearly basis in October after increasing 5.7 percent in September, the National Bureau of Statistics reported Wednesday.
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Home prices in majority of the Chinese cities decreased in October, figures from the National Bureau of Statistics showed Wednesday.
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The leading index for China, which measures the future economic activity, increased at a slower pace in October, the results of survey by the Conference Board showed Friday.
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Chinese exports declined at a faster-than-expected pace in November, official data showed Tuesday.
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Home prices in majority of the Chinese cities increased in November, figures from the National Bureau of Statistics showed Friday.
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China's central bank injected about $20 billion into the money market on Tuesday, in a bid to support the stock market which crashed a day earlier.
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China's foreign exchange reserves fell more-than-expected in December, marking a record monthly decline, as the central bank tried to stabilize the yuan or renminbi. Foreign exchange reserves decreased by about $108 billion to $3.33 trillion in December, the People's Bank of China said Thursday. China has the largest foreign exchange reserves in the world.
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China's consumer price inflation increased marginally in December on rise in food prices but it still remained well below the government's target. At the same time, producer prices continued its deep downward trend, giving space for monetary policy adjustment. Inflation edged up to 1.6 percent as expected from 1.5 percent in November, the National Bureau of Statistics revealed over the weekend.
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Chinese authorities adopted more measures to boost investor confidence that saw markets close higher on Tuesday, though they remained highly volatile. The People's Bank of China reportedly intervened in the currency market aggressively, leading the rates of the onshore yuan and the Hong Kong-based offshore yuan, known as the CNH, to hit parity.
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The Chinese economy grew at the slowest pace in two-and-a-half decades during 2015 amid a manufacturing slump and equity market slowdown, official data to be released on Tuesday may reveal. Gross domestic product likely grew 6.9 percent in 2015, just short of the government's 7 percent target. That would be slower than the 7.3 percent expansion in the previous year.
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China's stock markets have been largely declining since the start of the year on the back of the depreciation pressure on the renminbi or yuan.
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