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Tag: economic downturn

China’s Vanke Founder Wang Shi Faces Allegations as Political Backing Appears to Fade
Wang Shi, the 74-year-old founder of Vanke, China's once-dominant state-backed property giant, once broke...
Hong Kong’s Cantonese Restaurant Industry Is Collapsing, With 14 Closures in the First Four Months of
At the entrance to Taikoo Shing Centre, one of Hong Kong's largest shopping complexes on Hong Kong Island...
Chinese Economy Hit as Construction Giant Puts Entire Workforce on Unpaid Leave
The Chinese economy has taken another major hit. China's construction industry lost more than 8 million...
Shanghai Sinkhole Exposes Cracks in China’s Infrastructure Model
Glorious on the outside, fragile within For years, China’s global calling card has been infrastructure...
Hong Kong’s Retail Collapse: Busy Streets, Empty Shops
“How did Hong Kong end up like this?” The question has been asked with growing frequency in recent...
Hong Kong Fire, Scapegoating Bamboo Scaffolding—or a Man-Made Disaster?
By Yuanshan In the days marking the third anniversary of the White Paper protests, a massive fire...
‘Where Has Everyone Gone?’ Shanghai’s Economic Slowdown Grows
Shanghai is experiencing an economic downturn that many residents describe as the most severe in decades...
Shanghai’s Vanishing Crowds: Where Are the 25 Million People That Live Here?
By Vision Times TV A viral video circulating online shows a middle-aged woman walking through Shanghai...
China’s Fourth Plenum Blueprint Collides With Harsh Economic Reality
By Jin Yan, Vision Times As the Chinese Communist Party (CCP) wraps up its long-delayed Fourth Plenary...
Empty Halls, Vanishing Buyers: 2025 Canton Fair Exposes China’s Export Decline
The 138th session of the China Import and Export Fair, widely known as the Canton Fair, opened on Oct...
The Silent Crisis: Pension Woes Mount in China Amid Sharp Decline in Elderly Care Facilities
The promise of “old-age care” has long been considered a marker of an inclusive, modern, and humane society...
Nasdaq Wanes Amid Weak Big Tech Earnings
(Reuters) — The Nasdaq index fell on Wednesday, Oct. 26 as disappointing results and warnings from Microsoft...