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Why It’s So Hard for China to Fix Its Ailing Economy
A real estate collapse has made consumers cautious and businesses wary, as China confronts a crisis unlike any other since it opened its economy to the world. Read More
Temu's plunge signals economic troubles in China and beyond
PDD Holdings Inc., the owner of the Temu platform, has sent a troubling signal regarding the health of the world's second-largest economy. The company, known for offering affordable products, ... Read More
The real problem with China’s economy
An obvious result is the retreat of individual liberty. In a reversal of its partial opening, China has become a more repressive place. Many Chinese still have liberal views and enjoy debate but stick ... Read More
China's central bank sees room to cut reserve buffers to boost growth
China still has room to lower the amount of cash banks must hold as reserves while it faces some constraints in cutting interest rates, a central bank official said on Thursday, as it seeks to bolster ... Read More
Xi’s Economic Policies Might Work—Just Not for China’s Citizens
President Xi Jinping’s emphasis on growth through manufacturing come with little benefit for a Chinese population trapped in a race to the bottom. Read More
Will boosting consumer spending ease China’s economic slowdown?
The nation aims to cut reliance on manufacturing and boost its economy. Consumer industry plays a role in driving China's economic growth as the country faces challenges from a struggling property ... Read More
China’s economic recovery dragged down by property slump and weak consumption in July
A continued property crisis and weak consumption dragged on China’s economic recovery in July ... 10.2% year-on-year in the first seven months of the year, after decreasing 10.1% in the January ... Read More
China Services Expansion Cools in New Sign of Economic Weakness
China’s services activity expanded less than expected, a private survey showed, adding to worries over the economy’s health. Read More
Young people in China aren’t spending on romance. That’s a problem
Editor’s Note: Sign up for CNN’s Meanwhile in ... glum in their assessment of China’s economy. “I think everybody knows that since we came out of the Covid restrictions beginning of ... Read More
America’s economy is wildly confusing right now. Here’s what’s really going on
There’s good news ... told CNN. “The message for first-time homebuyers is one of patience and frustration.” But two years ago, when the economy was roaring back from its Covid slowdown ... Read More
Kamala Harris Addresses Economy In Major CNN Interview—Here’s What To Know About Her Policy Agenda
Fed Independence: Harris has vowed to maintain the Federal Reserve’s ... before the end of the month, the Harris campaign announced Tuesday she and Walz would jointly appear on CNN. Harris ... Read More
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