Economic Reports GDP

  • *China expects at least 1.3 trln yuan of tax reductions this year. BEIJING, Oct 22- China's tax cuts next year could exceed the equivalent of 1 percent of gross domestic product, a central bank adviser said in remarks published on Monday, in a sign policymakers might be considering another round of tax reductions. Beijing has pledged a more proactive fiscal policy...

  • BEIJING, Oct 22- China's tax cuts next year could exceed the equivalent of 1 percent of gross domestic product, a central bank adviser said in remarks published on Monday, in a sign policymakers might be considering another round of tax reductions. Beijing has pledged a more proactive fiscal policy to shore up the world's second-largest economy, which is...

  • Investors in China think US trade war is turning into a cold war and won't leave when tariffs go, says Safanad CIO

    John Rutledge, Safanad Chief investment Officer, joins 'Squawk Box' to discuss his reaction to China's low Q3 GDP and what it means for businesses.

  • China officials pledge stock support

    CNBC's Eunice Yoon reports on China's GDP for this quarter and how China's stock market is responding. Yoon reports the numbers are already seeing an impact from tariffs.

  • *China Q3 GDP growth slowest since early 2009. Official data earlier in the day underscored weakness in the economy in the face of a worsening trade war with the United States. China's blue-chip CSI300 index ended the day up 3 percent and the Shanghai Composite index rose 2.58 percent after slumping to near four-year lows.

  • *China Q3 GDP growth slowest since Q1 2009. SHANGHAI, Oct 19- Chinese stocks bounced on Friday, erasing losses from the past two sessions after regulators pledged steps aimed at calming markets and supporting struggling firms, as Beijing moved quickly to mitigate rising risks to the economy. Official data earlier in the day underscored weakness in the economy...

  • Tianhe Ji of BNP Paribas says the slowing growth of China's economy is expected to continue for the rest of the year and 2019.

  • BEIJING, Oct 19- China's third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a years-long campaign to tackle debt risks and the trade war with the United States began to bite. The economy grew 6.5 percent in the third quarter from a year earlier, slower than the second quarter, the National Bureau...

  • *Q3 GDP +6.5 pct y/y, down from Q2, vs poll +6.6 pct. BEIJING, Oct 19- China's third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a years-long campaign to tackle debt risks and the trade war with the United States began to bite. The economy grew 6.5 percent in the third quarter from a year earlier, slower...

  • SHANGHAI, Oct 19- Shares in China extended losses in early trade on Friday as the country recorded its slowest quarterly growth rate since 2009, despite statements from senior regulators pledging support for private firms and companies facing liquidity problems. In a move to shore up investor sentiment ahead, the governor of the People's Bank of China said on...

  • BEIJING, Oct 19- China's economy grew at a slower than expected pace of 6.5 percent in the third quarter from a year earlier, marking the weakest rate since the global financial crisis, official data showed on Friday. The data points to a modest cooling in the world's second-largest economy, as the government's multi-year efforts to tackle debt risks begin to...

  • Kelvin Lau of Standard Chartered says the main reason for a slowdown in the Chinese economy's growth in the third quarter of 2018 will be "increasingly driven" by external factors.

  • This photo taken on October 17, 2018 shows workers sewing shoes at a factory in Qingdao in China's eastern Shandong province. 

    China said on Friday its economic growth slowed to 6.5 percent year-over-year in the third quarter of 2018, missing expectations. 

  • *China economy seen growing 6.6 pct y/y in Q3, vs 6.7 pct in Q2. BEIJING, Oct 19- China's third-quarter GDP data on Friday is expected to show growth slipped to its weakest pace since the global financial crisis, as domestic demand faltered and exporters started to feel the pinch from a bitter Sino-U.S. trade dispute. China is locked in a trade war with the United States,...

  • BERLIN, Oct 18- Germany's DIHK Chambers of Industry and Commerce has cut its 2018 growth forecast for Europe's largest economy to 1.8 percent from 2.2 percent and forecast a slow-down to 1.7 percent next year. "Companies are noticeably more cautious about their business outlook, we see the biggest deterioration in business expectations in four years," the DIHK...

  • SEOUL, Oct 18- South Korea's central bank kept its benchmark rate unchanged on Thursday but flagged concerns about mounting household debt and financial stability, boosting expectations that it could raise rates as soon as next month. While the Bank of Korea downgraded its gross domestic product growth forecasts for this year amid growing risks to global...

  • *Q3 GDP, Sept activity data due Oct 19 at 0200 GMT. BEIJING, Oct 16- At week's end, global investors and policy makers will likely be given a stark reminder of the costs of a bitter Sino-U.S. trade war, with a Reuters poll predicting that China's third-quarter growth will slow to its weakest pace since the global financial crisis. President Donald Trump's campaign to...

  • SYDNEY, Oct 12- Australia's economy is forecast to grow solidly over the next couple of years on booming infrastructure spending and strong resource exports, though trade tensions and falling house prices are a clear hurdle ahead. Economists polled by Reuters Oct 3-10 forecast Australia's A $1.85 trillion of annual gross domestic product would expand 3.2...

  • DOUBLELINE CAPITAL CEO JEFFREY GUNDLACH SAYS GDP COULD BE IN THE HIGH 3 PCT FOR THIS QUARTER- CNBC.

  • Christine Lagarde of the International Monetary Fund says de-escalating trade tensions, addressing the issues and proposing new frameworks is imperative.