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CHINESE ECONOMY

Stock prices for a number of Chinese developers plummeted at the opening of trading on Monday, deepening an already dire situation for China’s economy. According to Bloomberg, developer shares fell 7.1 percent on Monday morning bringing share prices to their lowest point in nine months. Shares for China’s second largest

China’s Trade Falters as Demand Wanes at Home and Abroad
BEIJING — China's exports and imports lost momentum in August with growth significantly missing forecasts...

COVID-19 Worsened China’s Declining Birth Rate, Health Commission Says
According to the People's Republic of China (PRC) National Health Commission, the COVID-19 pandemic has...

Toyota’s Chinese Factory Shutters Because of Drought-induced Electricity Shortage
The world’s top automaker shuttered one of its factories in mainland China at the Communist Party’s bequest...

10,000 Millionaires Expected to Leave China This Year–And Take $48 Billion With Them: Report
According to a consulting firm specializing in foreign investments, over 10,000 of China’s wealthiest...

Asia’s Wealthiest Woman Loses $12 Billion in China’s Real Estate Crisis
Yang Huiyan, known as the richest woman in Asia, has lost more than half of her $24 billion fortune as...

Behind the Timing of Didi Global’s $1.2-billion Fine
News analysis Chinese ride-hailing company Didi Global was hit with a $1.2 billion fine on July 21...

3 Evergrande Real Estate Executives Asked to Resign Over Unstable Loans
Evergrande Group, the embattled Chinese real estate giant, has once again become the focus of international...

With Both Small and Large Banks in Trouble, Will China’s Debt Crisis Blow Up?
A banking crisis in China’s Henan Province has seen hundreds of thousands of people unable to access...

Chinese Protesting Frozen Bank Accounts Just the Tip of the Iceberg in Beijing’s Widening Financial Crisis
News analysis Angry protesters took to the streets in China’s Henan Province on July 10 after their...