Beijing [China], September 23 (ANI): European corporate investment in China is slackening as the country's real estate market is slumping, consumer spending drying up because of stringent "Covid zero" policies, as well as American investment is also faltering because of geopolitical tensions
Beijing [China], August 21 (ANI): Amid concerns over the Chinese economy, Yiwu city in Zhejiang province is continued to cause disruptions to trade flows after thousands of e-commerce merchants reportedly suspended deliveries when the city went into a COVID-19 lockdown.
Beijing [China], August 15 (ANI): China, which was once called the world's main engine of economic growth, is currently grappling with a slow economy that has also impacted the economies of the US and the world.
Beijing [China], August 14 (ANI): The real estate slump in China has sucked in both banks and provincial governments, threatening a bigger impact on the world's second-largest economy, according to media report.