Home Tags China Economy

Tag: China Economy

China is stumbling it the race for economic growth.

China just posted its lowest growth rate in almost 30 years as the trade war hammers the economy — and the ‘worst is yet to come’

"There's no doubt in anyone's minds that the trade war is a major contributing factor here," said one analyst, and China's growth was already slowing.
An intelligent robot copies the movement of a visitor wearing sensor suit during the opening of 2019 Beijing International Horticultural Exhibition.

11 mind-blowing facts about China’s economy

The modern Chinese economy is full of surprises.
Shipping containers are seen piled up at a port in Qingdao, Shandong province December 10, 2013.

A data point seen as the bellweather for global trade just tanked — and ‘the floor is not yet in sight’

South Korea's 20-day exports, seen as a canary in the coal mine for the global economy, dropped 5%. Exports to China and Japan fell by more than 10%.

These are the 21 richest billionaires in China

2018 was a bad year for the world's billionaires, with China losing 49 billionaires over the course of the year.

China just slashed its target for economic growth, and it’s a sign of how much pain Trump’s trade war is causing

It's a rare admission of weakness: "Instability and uncertainty are visibly increasing and externally-generated risks are on the rise."
Traders work on the floor of the New York Stock Exchange (NYSE).

Global markets are mixed as China cuts growth targets, but boosts economic support

Global stock markets crept upward Tuesday despite China lowering its economic growth target and announcing a major tax cut.
This picture taken on April 27, 2018 shows people watching a movie at a cinema in Wanda Group's Oriental Movie Metropolis in Qingdao, China's Shandong province. - A massive 'movie metropolis' billed as China's answer to Hollywood opened on April 28, aiming to boost the domestic film industry and attract foreign producers.

China’s superrich are losing faith in the country’s economy, with some even worried it will turn into the next Venezuela

In a new survey, just over a third of China's elite, a 15-year low, described themselves as "very confident" about the future of the Chinese economy.

GOLDMAN SACHS: Forget about a global recession — the worst of the US and China’s economic slump is over

The world's two largest economies look set to see growth pick up in the coming months, according to two of Goldman's most senior economists.

A wild debt boom which fueled rapid growth for China and emerging markets ‘may already have burst’

Oxford Economics' lead economist Adam Slater argued that data from several emerging markets is starting to suggest a coming slowdown.
JPMorgan says China should get rid of its "zombie" state-owned companies.

China’s ‘zombie’ companies are a big threat to the economy — and JPMorgan says their debt pile means the country could be slow...

"The biggest concern regarding financial stability and the sustainability of economic growth has been China's ballooning debt problem," JPMorgan says.