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Tag: real estate crisis

As Economy Sputters, Chinese Turn to the Lottery for Hope
In August, lottery sales in mainland China surged to their highest level this year amid concerns for...
China’s Real Estate Crisis Deepens as Shares in Property Developers Plummet
Stock prices for a number of Chinese developers plummeted at the opening of trading on Monday, deepening...
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...
A woman wears a protective mask as she walks past the People's Bank Of China (PBOC) on Financial Street, April 17, 2020 in Beijing, China. China's gross domestic product (GDP) stood at 20.65 trillion yuan (about 2.91 trillion U.S. dollars) in the first quarter of 2020 amid COVID-19 impact, down 6.8 percent year on year, according to data from the National Bureau of Statistics (NBS).
4 Factors to Watch in China’s Latest Economic Stagnation
Given China’s tightened real estate market and the newest spread of COVID-19, quarterly data due to be...