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China’s Home Sales Slump Again, Signaling Crisis Not Over Yet
A fresh batch of China property data suggests that ... skeptical that Beijing’s efforts to revive the real-estate market and the broader economy are yielding results. Back in May, policymakers ... Read More
More pain for China as home sales crash for one of its largest developers and tech earnings growth falls to lowest since 2022
Bloomberg separately reported that the latest earnings-per-share on the MSCI China Index contracted 4.5% from a year ago — the worst performance in five quarters. Meanwhile, 19% EPS growth among China ... Read More
China’s economic recovery dragged down by property slump and weak consumption in July
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Investment in real estate dropped 10.2% year-on-year in the first seven months of the year, after decreasing 10.1% in the January-June period. A prolonged slump in China’s property market after ... Read More
China's economy is still stuck in low gear
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China can't seem to get its economy out of the doldrums ... following a 4.9% decline in June. China's housing market has been battered by slowing property sales and starts in the last few years ... Read More
China’s Export Slump Eases as Economy Searches for Stability
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(Bloomberg) -- China’s trade slump ... existing housing projects and a step up in infrastructure spending are starting to boost construction activity.” Read More About China’s Economy ... Read More
China's home-price slump deepens to new 9-year low despite stimulus
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The prolonged housing market slump has weighed heavily on the world's second-largest economy ... news outlet buyers could opt for 200,000 yuan in cash if they preferred. In late July, China's ... Read More
America’s economy is wildly confusing right now. Here’s what’s really going on
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The truth is the economy is in ... The bad news is won’t get easier overnight. In June, economists at Bank of America warned that the US housing market is “stuck” and may not become unstuck ... Read More
China's latest blockbuster casts rare, harsh light on gig economy
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One of the biggest movies to hit China's cinemas this summer tackles several of its biggest economic pain points: an uncertain job market ... food-delivery gig economy to try to keep his family ... Read More
Harris Pulls Ahead of Trump on Economy as Markets Prepare for New Inflation Data
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Another key sector of the economy, housing, may be a bit of a downer as reports on new construction are likely to reflect the continued slump in housing on account of high mortgage rates and prices. Read More
How Is the Economy Doing?
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The state of the U.S. economy ... housing website Zillow, show that rent increases have slowed down for nearly a year, but that slowdown has yet to show up in the CPI report. » MORE: Rental ... Read More
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