China's Economy Grows 4.5% in Third Quarter, Beating Forecasts as Factories Hum
Growth picked up from the second quarter on manufacturing and exports, while construction shrank and officials flagged weak domestic demand.
China
China Economy
- China Economy
China's Industrial Profits Jump 14.4% in September as AI Demand Lifts Electronics
Electronics earnings doubled over nine months and high-tech makers now book a quarter of industrial profits, while consumer-facing factories lag.
- China Economy
China's Private Factory PMI Eases to 52.0 as Exporters Cut Prices to Win Orders
The S&P Global survey diverged from Saturday's official contraction reading, but firms cut selling prices and confidence hit a nine-month low.
- China EVs
BYD Sales Hit 2026 High of 490,168 in October as Exports Double, Xpeng Tops 50,000
Leapmotor delivered more than 100,000 cars for a fourth straight month and Xiaomi passed 50,000, while Nio and Li Auto slipped in a shrinking home market.
- China Stocks
China Makes Stock Buyback Loans Permanent, Cuts Rate to 1%, but A-Shares Slide Again
The PBOC, CSRC and bank regulator also pledged new swap operations for brokers and insurers, yet the Shanghai Composite gave back Monday's rebound.
- China PoliticsExplainer
What China's Communist Party Plenum Is and Why Investors Watch It
The Central Committee's closed-door meeting this week centers on party discipline, but plenums have long signaled policy direction and personnel shifts.
- China Economy
China's Services Sector Stalls at 50 as New Orders Sink to 45.2 and Price Cuts Spread
Holiday travel lifted rail, hotels and entertainment in October, but finance dragged, spending per trip slipped and service firms kept cutting prices.
- China Tech
Tencent Cloud Doubles Overseas Customer Base as International AI Sales Grow Triple Digits
The Shenzhen group is selling its WorkBuddy agent abroad, adding data center capacity from Frankfurt to Thailand and signing a payments pact with Visa.
- China AutosAnalysis
BYD and Geely Lift Third-Quarter Profit 28% as Exports Offset a Shrinking Home Market
BYD missed forecasts and its inventories rose 60% this year, showing the cost of a push abroad while China's price war keeps domestic sales under pressure.
- China Consumer
China's Appliance Trade-Ins Pass 100 Million Units as Subsidy Funds Are Fully Allocated
Phones and smart devices are carrying the program while appliance sales still trail last year, and Beijing has handed out all 250 billion yuan of this year's money.
- China Property
China Vanke Loses 8.99 Billion Yuan in Third Quarter as Contract Sales Fall 48%
The Shenzhen developer's nine-month loss reached 23.94 billion yuan, and short-term debt is now about four times its cash.
- China Monetary Policy
PBOC Sets Up Backstop for Bond Funds Facing Runs, Lends 621 Billion Yuan Overnight
A new swap facility would let China's largest wealth managers and fund houses borrow central bank bills in a sell-off, while daily overnight loans now anchor funding costs.
- China ConsumerAnalysis
Tmall Draws Record 1 Million Brands to Singles Day as China's Official Goods Sales Grow 1%
Alibaba is leaning on AI shopping tools and its 64 million 88VIP members to lift the festival, while official data show goods spending in China barely growing.
- US-China Trade
US Bars Imports From China's BGI and MGI Under Forced-Labor Law Before Trump-Xi Talks
The listing adds friction three weeks before the leaders meet in Shenzhen, where negotiators hope to keep a trade truce that now runs only to Jan. 10.
- China Policy
China Taps 550 Billion Yuan of Unused Local Debt Quota as Land Sales Revenue Falls 27.9%
Beijing is pushing local bond sales into the final weeks of the year as land revenue slumps and investment contracts, with 300 billion yuan aimed at county budgets.
- China Commodities
China's Iron Ore Output Plunges 24% as Mills Lean on Imports and Port Stocks Swell
Domestic mines are shrinking while seaborne cargoes hold near 110 million tons a month, leaving 173.7 million tons of ore piled at Chinese ports.
- China Economy
China's Factory Prices Jump 5.7% in October as Energy Costs Surge and Consumer Inflation Cools
Coal, oil and chemicals drove producer prices to a faster gain, while cheaper vegetables and pork pulled consumer inflation down to 0.7%.
- China Autos
China Car Retail Sales Sink 27% in October as Xiaomi Tops 50,000 and Tesla Slumps
Final industry data show home demand at its weakest in a peak season, with exporters and a handful of new models carrying Chinese carmakers.
- China Policy
China Extends Rare Earth Export Control Pause by Two Months to Jan. 10 Before Xi-Trump Talks
Beijing kept its October 2025 curbs on rare earths, battery materials and superhard materials on hold and suspended a 24% tariff on U.S. goods for two more months.
- China Trade
China October Exports Jump 35.2%, Imports Surge 41.6% as Surplus Tops $1 Trillion
AI hardware kept shipments growing at close to September's pace, while an unexpected import surge narrowed the monthly surplus.
- China Consumer
Pop Mart Spends HK$412 Million on Buybacks After Third-Quarter Revenue Falls Up to 50%
The Labubu maker has bought back shares on six trading days since reporting a steep third-quarter revenue drop, using only a small slice of its mandate.
- China Property
Zhuhai Huafa's Property Arm Loses 6.4 Billion Yuan as Group's Debt Strain Tests State Support
Contract sales at the Zhuhai developer halved, cash fell 43% and Fitch has warned of a multi-notch downgrade if debt maturities are extended.
- China Economy
China Adds 830,000 Ounces of Gold in October, Its Biggest Purchase in Three Years
The central bank stepped up buying as bullion prices fell, while foreign-exchange reserves edged up to $3.405 trillion.
- China Consumer
AI Tokens Become a Singles Day Hit as Tmall Token Sales Jump 450% and JD Packages Surge
Alibaba used a top livestreamer to sell its Qwen AI memberships, and JD.com lined up token packages from more than 10 model makers, turning computing credits into a consumer product.
- China Autos
BYD's Share of China EV Exports Falls to 28.3% in October as Geely Closes In on Chery
Industry rankings show China's carmakers shipped 582,000 electric and plug-in cars abroad last month, with the race for second place nearly tied.
- China MarketsAnalysis
PBOC's Higher FX Reserve Ratio Takes Effect Nov. 15, Locking Up Up to $25 Billion to Slow the Yuan
China's first increase in nearly five years targets a feedback loop of exporter dollar sales that pushed the currency to multiyear highs.
- China Tech
Alibaba Moves to Spin Off T-Head Chip Unit in Hong Kong Listing, Keeping Control
The company confirmed that its data center chip arm filed confidentially in September and that Hong Kong regulators waived a rule giving Alibaba shareholders a guaranteed slice of the shares.
- China Commodities
China's Copper Concentrate Imports Fall 11% in October as Smelters Face Negative Fees
Ore arrivals dropped to 2.17 million tons as loss-making smelters prepare output cuts, while refined copper imports edged up and Shanghai premiums hit a record.
- China Policy
China Sells 4 Billion Yuan of Green Sovereign Bonds in Canada, Orders Hit 13.5 Times
The finance ministry's first yuan green bond in Canada priced at 1.4% and 1.5% and will list in Hong Kong, as Beijing and Ottawa signed new financial cooperation deals in Vancouver.
- China CompaniesAnalysis
Longi, Tongwei and JA Solar Lose 15 Billion Yuan in Nine Months as China Solar Glut Drags On
China's three biggest listed solar makers all reported wider losses for the year so far, though Longi and Tongwei narrowed their third-quarter deficits as power prices for new projects keep falling.
- China Trade
China Opens Anti-Dumping Probes Into EU Aramid Yarn and EU, Japan ENB as Trade Cases Pile Up
Beijing's two new cases follow 16 EU trade remedy investigations against Chinese goods this year, most of them in chemicals, and come weeks after a round of trade talks.
