China’s economic problems go much deeper than simply falling home prices. The discussion argues that decades of household wealth were concentrated heavily in real estate, meaning the housing downturn ...
Data from China shows that the world’s second-largest economy is slowing down — especially around consumer spending. The ...
Dewardric McNeal, Senior Policy Analyst at Longview Global, said weak consumer confidence and excess capacity are straining ...
In December 2018, a noted Chinese economist gave a speech in which he put China’s GDP growth at less than 2 per cent. Other Chinese economists, he said, thought that the economy was in negative ...
There is more of a global consensus about the nature of the challenge than ever before, but it has had little effect on Chinese policy. Now, the problem is morphing into a qualitatively new and more ...
Some economists assumed that the buying power of China’s expanding middle class would ultimately fuel global growth. China has instead become a destabilizing force in the global economy. Chinese ...
Consumer prices rose 1% in June, missing economists' forecast for 1.1% growth, and slowing from 1.2% in May. Producer prices jumped 4.1% year on year, outpacing from 3.9% in May. China's consumer ...
Zhu dragged back the Chinese economy from over-heating in the early 1990s, and then as premier pushed through reforms that shut or privatised many state-owned firms and laid off workers, wrenched tax ...
Let’s separate the facts from the fiction as to whether China’s economy is faltering. China has risen to be the second-largest economy in the world. It has used its Belt and Road Initiative to extend ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. TOPSHOT - This aerial photo shows cars waiting to be loaded for export in Nanjing port.
Contrary to much popular belief, Beijing’s insistence on centralized economic control is far from a strength. Many Western journalists, commentators, and politicians fear the complete political and ...
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