China’s economy is in trouble. Here’s what’s gone wrong
WEBAug 21, 2023 · Economists and analysts have told CNN that is because China has become too indebted to pump up the economy like it did 15 years ago, during the global financial crisis.
Five reasons why China's economy is in trouble - BBC
WEBOct 4, 2022 · China's economy is slowing down as it adapts to a punishing zero-Covid strategy and weakening global demand. Official growth figures for the July to September quarter are expected soon - if...
China’s economy had a miserable year. 2024 might be even worse
WEBDec 27, 2023 · The Chinese economy was expected to recover quickly in 2023 and resume its role as the undisputed engine of global growth. Instead, it stalled to the point where it’s being called a “drag” on...
China's Economic Slump Is Here to Stay - TIME
WEBMar 4, 2024 · In less than a half century, China went from an impoverished centrally-planned economy with minimal international trade to the world’s leading exporter and close second to the U.S. in the number...
What China's economic problems mean for the world - BBC
WEBSep 28, 2023 · The world's second-largest economy, home to more than 1.4 billion people, is facing a host of problems - including slow growth, high youth unemployment and a property market in disarray.
Chinese borrowers default in record numbers as economic crisis …
WEBDec 3, 2023 · Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus pandemic, highlighting the depth of the country’s economic downturn and the obstacles to a full...
Why is China's economy slowing down and could it get worse?
WEBSep 1, 2023 · China's economic growth is slowing down as policymakers try to fix a property market downturn, with troubles at major developer Country Garden in focus.
China doubles down on moves to mend its economy and fend off …
WEBThe Chinese economy grew at a 5.2% annual pace in 2023, exceeding the government’s target, and many indicators including factory output and retail sales show signs of improvement. But most economists are forecasting a slowdown this year and next that will drag on global growth.
Is China's economy a 'ticking time bomb'? - BBC
WEBAug 30, 2023 · The past six months has brought a stream of bad news for China's economy: slow growth, record youth unemployment, low foreign investment, weak exports and currency, and a property sector in...
Xi Unleashes a Crisis for Millions of China’s Best-Paid Workers
WEB1 day ago · September 18, 2024 at 7:00 PM EDT. Save. It’s 1 a.m. and Thomas Wu is riding his bike on the empty streets of Shanghai. The 43-year-old insurance executive has had another meltdown. Wu’s pay ...