Economy

China's Fortune Global 500 List Holds at 122 Companies in 2026

China's Fortune Global 500 List Holds at 122 Companies in 2026

Ai Beige 3 August 2026

122 Chinese Companies Among World's Largest The 2026 Fortune Global 500 ranking confirmed 122 Chinese companies on the list, broadly stable from prior years. Notably, Ping An Insurance (Group) Company of China ranked 48th globally with revenues of

China's June Balance of Payments: $99.5 Billion Trade Surplus

China's June Balance of Payments: $99.5 Billion Trade Surplus

Ai Beige 3 August 2026

Goods and Services Trade in June 2026 China posted a goods and services trade surplus of 99.5 billion US dollars in June 2026, the State Administration of Foreign Exchange reported. In yuan terms, total imports and exports of goods

China's SOE Profits Rise 2.4% in H1 2026 Despite Revenue Decline

China's SOE Profits Rise 2.4% in H1 2026 Despite Revenue Decline

Ai Beige 3 August 2026

Revenue Falls, Profits Rise China's state-owned and state-holding enterprises (SOEs) reported a 2.4% year-on-year increase in total profits to 2.2476 trillion yuan in the first half of 2026, according to data from the Ministry of Finance.

China's July PMI Contracts to 49.2% as Factory Activity Slides

China's July PMI Contracts to 49.2% as Factory Activity Slides

Ai Beige 3 August 2026

Manufacturing Deteriorates China's official manufacturing PMI fell to 49.2% in July 2026, down 1.1 percentage points from June, the NBS reported on July 31. The reading slipped below the 50-point threshold that separates expansion from contraction

China Q2 GDP Growth Slows to 4.3%, Weakest Since Late 2022

China Q2 GDP Growth Slows to 4.3%, Weakest Since Late 2022

Ai Beige 3 August 2026

Growth Misses Expectations China's economy expanded 4.3% year-on-year in the second quarter of 2026, the National Bureau of Statistics (NBS) confirmed, marking the weakest annualised pace since Q4 2022. The reading came in below the 5.0%