Tag: chinese economy
China Sets Ambitious Growth Target of 5% in Desperate Bid to Salvage Economy
On March 5, Chinese Premier Li Qiang laid out an ambitious plan to reshape his country’s economy as it...
Chinese Weapons Industry Booming as Overall Economy in Decline
In recent years, China and its people have seen conditions go from bad to worse under the Communist Party's...
Deeper Into Deflation: China’s January Economic Data Shows Worsening ‘Balance Sheet Recession’
China continues to battle with deflation into the new year, with the newest statistics from Beijing showing...
Moody’s Lowers Outlook on China’s Credit Rating, Citing Increased Debt Risks
In a significant move that reflects growing concerns over China's financial stability, leading financial...
Police Detain Evergrande Wealth Management Staff in Latest Blow to Embattled Property Developer
Several employees of Evergrande’s financial subsidiary, Evergrande Wealth Management, have been detained...
As China’s Finances Worsen, Thug-like Local Governments Impose a ‘Fines Economy’
As China's real estate, manufacturing, service, and consumer sectors shrink, local government tax revenues...
Risk of Deflation in China Raises Concerns for the Global Economy
As economies in the west raise interest rates in an attempt to reign in historic levels of inflation,...
Investors Wary of China’s Economy Amid Stagnant Post-Pandemic Recovery and Anticipated Stimulus Measures
As momentum for China's post-pandemic economic recovery begins to decelerate, the upcoming stimulus measures...
Chinese Govt. Statistics Admit to 20% Youth Unemployment Rate
Amidst a sputtering economy and weaker growth than forecasted China’s youth appear to be bearing the...
As China’s Population Growth Stalls, So Will the Global Economy
The world’s most populous country and second largest economy is facing a major demographic challenge:...
China to Roll Out More Measures to Stabilize Economy: State Media Reports
BEIJING — China will continue to roll out phased policies to stabilize its economy with a focus on reviving...
China Fights Uphill Battle to Rescue Its Economy While Keeping ‘Zero-COVID’
Since late May, state and Chinese Communist Party propaganda outlets have been noticeably promoting Beijing...