BEIJING (Reuters) – ANZ on Monday revised its 2025 economic growth forecast for China to 4.8% from 4.3%, citing “positive momentum” in official economic data in the first two months of the year. ANZ also revised its 2026 economic growth forecast for China to 4.5% from 4.0%. (Reporting by Ryan Woo; Editing by Kim Coghill)
BEIJING (Reuters) – China’s customs authorities have denied reports that they plan to go slow on inspections of imported coal, potentially leading to fewer imports. China’s General Administration of Customs said in a Weibo post on Sunday that it was aware of reports online that customs inspections would be delayed from April 1, resulting in …
China’s customs denies reports it plans to slow inspections of imported coal Read More »
By Rahul Trivedi BENGALURU (Reuters) – Bank Indonesia will hold interest rates steady on Wednesday to protect the rupiah from further depreciation amid growing global trade tensions, but is expected to cut them next quarter to prop up economic growth, a Reuters poll found. Although Southeast Asia’s largest economy grew just over 5% in 2024 …
Bank Indonesia to hold rates steady on March 19, cut in Q2: Reuters poll Read More »
By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s property slump persisted in February, with official figures on Monday showing declines in prices, investment and sales, as government measures and promises of more stimulus did little to boost demand in the crisis-stricken sector. New home prices dipped 0.1% versus a month earlier after two months …
China’s property slump persists as stimulus struggles to stabilise sector Read More »
By Trixie Yap SINGAPORE (Reuters) – Asia’s ability to supply sustainable aviation fuel will outpace regional demand this year and next as more production comes online, increasing exports and potentially lowering prices for the fuel, oil executives and analysts said. Planned SAF production could take a hit if regional demand remains tepid and prices fall …
Analysis-Asia’s green jet fuel ambitions exceed demand, heralding exports Read More »
By Chen Aizhu (Reuters) -China’s crude oil throughput in January and February rose 2.1% versus a year earlier, official data showed on Monday, supported by a new refinery and holiday travel, but weak refining margins persisted. Total refinery throughput in the world’s second-largest oil consumer was 119.17 million metric tons, or about 14.74 million barrels …
China’s January-February refinery output up 2.1% on holiday travel, new refinery Read More »
By Amy Lv and Lewis Jackson BEIJING (Reuters) -China’s crude steel output in the first two months of 2025 slid 1.5% from a year earlier, official data showed on Monday, despite better margins and stronger exports. The world’s largest steel producer manufactured 166.3 million metric tons of crude steel between January and February, the National …
China January, February crude steel output falls despite better margins Read More »
BEIJING (Reuters) – The joint venture of Volkswagen and FAW Group said on Monday it will launch 11 new Volkswagen and Jetta branded models tailored for the China market from 2026. The new models, as part of a deal signed in Wolfsburg between FAW and VW, include six electric vehicles, two plug-in hybrids, two extended-rangers …
Volkswagen, FAW venture to launch 11 new models tailored for China from 2026 Read More »
BEIJING (Reuters) -China’s coal production rose 8% year-on-year in January-February, statistics bureau data showed on Monday. Output in the two months was 765.33 million metric tons, the data showed. China publishes data for January and February in a combined release to smooth out the effects of the Lunar New Year, which falls in either month. …
BEIJING (Reuters) – China’s industrial output rose 5.9% in the first two months of the year from a year earlier, official data showed on Monday, slowing from a 6.2% expansion in December but beating market expectations. The data from the National Bureau of Statistics (NBS) beat expectations for a 5.3% rise in a Reuters poll …
China’s industrial output growth beats expectations in January-February Read More »
