Search For "china economic crisis"
China's tech sector faces stagnation as government policies tighten grip
Updated : 1 year, 10 months ago IST
According to Xiang, a rising number of economists are questioning whether China's Gross Domestic Product (GDP) will ever surpass that of the US as the country grapples with declining momentum.
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China's real estate crisis: Shanghai-based property giant Shimao Group fac
Updated : 1 year, 11 months ago IST
Amid the real estate crisis in China, another Shanghai-based property giant Shimao Group said on Monday that it had received a liquidation petition from a Chinese state-owned bank.
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China faces critical moment in push to revive economy: Report
Updated : 2 years ago IST
Amid falling growth rate, low business sentiment and international investors pulling out amid the crisis-stricken property market, subdued export earnings and crackdowns on private industry, China is currently facing a critical moment to revive its economy, Al Jazeera reported citing the ana
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China: Central Bank governor warns economic prudence ahead of retirement
Updated : 2 years, 8 months ago IST
People’s Bank of China (PBOC) Governor, Yi Gang, who is soon expected to step down from the position, has flagged some crucial concerns and also offered advice in a recent article for the Journal of Economic Research.
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Data predicts economic crisis in China; country tries to cover it up on in
Updated : 3 years, 1 month ago IST
Data about China's growth and the image the country is trying to portray on the international forums are contrary. On one hand, the data on employment and GDP point towards a crisis. But Chinese authorities are still trying to put up a positive image on international forums, The Singapore Po
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China faces protests by EV owners missing out on price cuts
Updated : 3 years, 2 months ago IST
Owners of electronic vehicles manufactured by Tesla have erupted in protest against the automobile giant after missing out on availing price cuts by the company to boost sales, Malaysian news outlet, The Star, reported, adding that the car owners have claimed that they had to pay more for
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China's suffers "double whammy" with rise in COVID-19 cases and economic c
Updated : 3 years, 2 months ago IST
Amid the surge in COVID-19 cases and economic crisis in the country, China is stuck in a dilemma as the imposition of the zero-Covid policy is saving people's lives but at the same time, impacting its economy, effectively putting the second largest economy in a "double whammy," Inside Over r
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China fails to provide stimulus to the plummeting economy
Updated : 3 years, 6 months ago IST
Beijing [China], September 16 (ANI): In the backdrop of the plummeting property market and continuing COVID lockdowns which have hurt the country's business sector immensely, China's intention to not provide help to citizens economically by giving out economic stimuli such as subsidies is un
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China struggles against political, economic stability ahead of 20th Party
Updated : 3 years, 6 months ago IST
Beijing [China], September 3 (ANI): China's economy, both at the central and provincial levels, is under considerable stress as two of the world's biggest investment banks have slashed China's economic growth forecast, ahead of the 20th Party Congress of the Communist Party of China (CPC).
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Billionaire George Soros warns against investing in China amid real estate
Updated : 4 years, 1 month ago IST
London [UK], February 1 (ANI): Hedge-fund billionaire George Soros has warned against investing in China which is witnessing a decline in the real estate boom, citing the example of Evergrande which is finding it difficult to pay its debts in the face of government policies designed to curb
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