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Xi Is Paralyzed by China’s Economic Mess. The World Will Pay.
Looked at one way, Xi’s reluctance to unleash new stimulus to stabilize growth is laudable. For years, the U.S. Treasury Department and International Monetary Fund urged his Communist Party to ... Read More
Why China’s Economic Woes Don’t Move Markets Like America’s
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China tied the US at the Paris Olympics with a gold-medal haul of 40, an outcome that state-run media in Beijing heralded as more evidence that China can rival America on the world stage. Read More
China reports growth in the consumer economy
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China reported major economic data on Thursday that pointed to faster growth on the consumer side while both industrial production and investment grew at a slower pace in July. Figures released on ... Read More
China's latest blockbuster casts rare, harsh light on gig economy
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The movie, which led China's box office on its release Friday, lands at a time when uncertainty in a deflationary economy and real ... Reuters is a news agency founded in 1851 and owned by the ... Read More
Fresh Data Shows China’s Economy Stuck in Doldrums
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A panoply of official economic data released Thursday showed China’s economy struggling to pick ... Beijing’s moves included more aggressive steps to boost household income and consumer ... Read More
China’s leaders sweat over ‘difficult to heat’ economy
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Simply sign up to the Chinese economy myFT Digest ... But few observers expect Xi to radically change course and divert funds away from his strategy of turning China into a self-reliant technologi ... Read More
America’s economy is wildly confusing right now. Here’s what’s really going on
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New York CNN — Just 10 days ago, anxious markets were freaking out about the US economy, convinced that ... There’s good news and bad: Mortgage rates are coming down (the average was 6.5% ... Read More
China’s Bond Dilemma
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Inevitably for Chairman Xi Jinping’s China, there may be an investigation of some brokerages regarding their bond trading—a favorite Beijing tactic to discourage something. This comes after a ... Read More
Economy Remains a Trouble Spot for Kamala Harris and the Democrats
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The Democratic Party has a new lease on life as Vice President Kamala Harris enjoys a boost in the polls and ... is still a gap when it comes to the economy, the issue that voters say remains ... Read More
Young people in China aren’t spending on romance. That’s a problem
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However, the price of new homes fell 4.9% last month, hitting a fresh 9-year low, according to the news agency ... glum in their assessment of China’s economy. “I think everybody knows ... Read More
What China’s Commodity Imports Say About Its Economy
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despite a continued property crisis and a faltering economy, which disappointed market bulls with growth coming in below expectations in the second quarter. China’s propensity to stock up on ... Read More
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