China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported yesterday, while emphasizing signs of improvement in factory output, income and investment.
Surveys of Chinese factory managers showed a mixed outlook for the world’s second-largest economy in June, with growth steady but not picking up much steam.
The Times has learned that some local representatives of major electronics brands continue to have a mainland-tourists-only approach to sales, disregarding other markets such as
China's central bank kept a key lending rate unchanged yesterday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world’s
The International Monetary Fund (IMF) highlighted the strong recovery of city’s economy post-pandemic and agreed that the implementation of effective economic diversification policies would “strengthen the
The International Monetary Fund has upgraded its forecast for China’s economy, while warning that consumer-friendly reforms are needed to sustain strong, high-quality growth. The IMF’s
As economies in Asia and the Pacific slow and grow older, countries need to do more to ensure that workers get the education, training and social safety
Macau's economy has shown remarkable signs of recovery in the first quarter of 2024 as the gross domestic product (GDP) surged 25.7% year-on-year in real terms,
The Macau Economic Association (MEA) released a report yesterday forecasting that Macau’s economic prosperity index will remain relatively high between May and July. In
Macau has maintained a prominent position on the list of the world’s wealthiest regions, appearing on the 2024 compilation of the “Richest Countries in the World
The International Monetary Fund (IMF) has affirmed its prediction that the local economy will grow by 13.9% this year and 9.6% next year, according to its
China’s economy expanded at a faster than expected pace in the first three months of the year, helped by policies aimed at stimulating growth and stronger
The Macau Economic Association has announced its predictions for Macau’s first-quarter economic performance, indicating a promising recovery for the region. According to the association’s forecast, the
The University of Macau (UM) has revised its economic projection on the SAR, predicting a growth of 16.8% to MOP415.3 billion (equivalent to 94.5% of
Macau has topped the list of Asia’s fastest growing economies in 2024, with a booming a real GDP growth rate of 27.2% and a GDP per
Last month’s inflation reached the highest point of the last four years, a statistics release from the Statistics and Census Service (DSEC) has shown. According to
China’s manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy, the National
The second quarter of the year will see a slight rise in the Prosperity Index, the Macau Economic Association has forecast. Noting the economy is
The International Monetary Fund (IMF) Mission has surveyed Macau’s macroeconomic and financial assessments, concluding that the local economy is “robust”. The preliminary conclusion from the IMF forecasts
Macau's economy expanded by 80.5% year-on-year in 2023, following the gradual resumption of local economic activity and exports of services. Government data shows
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