Chinese Economy: General News, Updates and Discussions

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China’s Crackdown on Foreign Firms Has Increased Uncertainty

Beijing’s new security law, sluggish post-pandemic economic growth and tensions with the United States have contributed to wariness

www.voanews.com

China’s Crackdown on Foreign Firms Has Increased Uncertainty​

China's property 'inventory overhang' could take more than 10 years to correct, economist says

China existing housing inventory, along with the those currently under construction, could take up to 12 years to fully clear, according to one China economist.

www.cnbc.com

China's property 'inventory overhang' could take more than 10 years to correct, economist says​

China’s migrants return to farm, drastically changing workforce dynamics

For the first time in decades, the share of China’s workforce employed in raw materials industries has gone up – a consequence of a weak job market and a return of rural migrants to their homes.

www.scmp.com

China’s primary sector workforce sees first increase in decades as migrants back on the farm​

Will China GDP Grow at 5 Percent?

Three major issues make things difficult at present, but the country is more likely to have higher growth after adjustments have been made. Supply-side reforms, fiscal support and a firm opening-up policy will be the keys to success.

www.chinausfocus.com

Will China GDP Grow at 5 Percent?​

UVA Expert: Xi’s Top-Down Control Is Damaging China’s Economy

Miller Center research professor Syaru Shirley Lin suggests that innovation and diversity would improve the Chinese economy.

news.virginia.edu

UVA Expert: Xi’s Top-Down Control Is Damaging China’s Economy​

China's strained economy casts shadow over 2024

Last year, the economy was roiled by a real estate crisis, falling consumer confidence, deflation and the disappearance of foreign investment.

www.japantimes.co.jp

China's strained economy casts shadow over 2024​

https://www.japantimes.co.jp/japantimes/uploads/images/2023/12/31/271891.JPG

China's rise to the world's largest economy is delayed

The U.S. economy remains the largest economy in the world. But, will the U.S.

www.fxstreet.com

China's rise to the world's largest economy is delayed​

China: GDP distribution across economic sectors 2022 | Statista

A breakdown of the GDP in China by sector reveals that the service sector contributed more than 50 percent to the total GDP.

www.statista.com

Distribution of the gross domestic product (GDP) across economic sectors in China from 2012 to 2022​

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China’s economy is on right track

With supportive policies, recovery momentum will gather pace in 2024 and growth will stabilize.

www.chinadailyhk.com

China’s economy is on right track​

China’s economic recovery tipped to continue this year

With governments at different levels well aware of the challenges faced by the property sector, measures to resolve the problem have been stepped up, and international investment banks are now predicting only a narrowing contraction for the sector.

asianews.network

China’s economic recovery tipped to continue this year​

China's economy is in so much trouble that even Xi Jinping's admitting that businesses are having a 'tough time'

An official survey of China's manufacturers showed factory activity contracted for the third straight month in December.

news.yahoo.com

China's economy is in so much trouble that even Xi Jinping's admitting that businesses are having a 'tough time'​

China's economic woes are multiplying - and Xi Jinping has no easy fix

China’s momentum to surpass the US as the world’s biggest economy may be thwarted by current dynamics

www.tbsnews.net

China's economic woes are multiplying - and Xi Jinping has no easy fix​

 

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https://news.cgtn.com/news/2024-01-07/Private-sector-development-to-keep-Chinese-economy-afloat-in-2024-1q8Vty953oY/

Private sector development to keep Chinese economy afloat in 2024​

 

[Nuffle]

Troubled China Shadow Bank Zhongzhi Files for Bankruptcy

(Bloomberg) -- Chinese shadow banking giant Zhongzhi Enterprise Group Co. filed for bankruptcy, cementing the rapid downfall of a firm that oversaw more than $140 billion at its peak before succumbing to the property crisis that has wreaked havoc on the world’s second-largest economy.Most Read...

finance.yahoo.com

Troubled China Shadow Bank Zhongzhi Files for Bankruptcy​

https://finance.yahoo.com/news/troubled-china-shadow-bank-zhongzhi-111332107.html#

https://www.nasdaq.com/articles/exclusive-chinas-top-banks-tighten-exposure-to-smaller-peers-to-curb-credit-risk-sources

EXCLUSIVE-China's top banks tighten exposure to smaller peers to curb credit risk, sources say​

Chinese Builders Face Growing Debt Pressure After Three Years of Financial Constraints

www.yicaiglobal.com

Chinese Builders Face Growing Debt Pressure After Three Years of Financial Constraints

https://www.reuters.com/world/china/chinas-local-governments-face-opposition-early-debt-redemptions-2024-01-04/

China's local governments face opposition to early debt redemptions​

Chinese investment banks change tack in Hong Kong

Hong Kong-based Chinese investment banks, plagued by the market’s liquidity issues, are looking to China's economic pivot and the renminbi's rise as a fundraising currency to restore their fortunes.

www.euromoney.com

Chinese investment banks change tack in Hong Kong​

China Aoyuan Says It Won’t Pay Bonds, Signals Default Imminent - BNN Bloomberg

China Aoyuan Group Ltd. won’t make payments on four dollar bonds and said that will trigger defaults on all other offshore debt, becoming the latest Chinese developer to succumb to the industry’s liquidity crisis.

www.bnnbloomberg.ca

China Aoyuan Says It Won’t Pay Bonds, Signals Default Imminent​

 

[Beijingwalker]

Beautiful China-Russia border

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[Beijingwalker]

China has 14 neighbors and enjoys cordial and peaceful borders with 13 of them. India is the only country which has a hostile and murderous border with China.

 

[MH.Yang]

whole India join China or China join India, it doesn't matter. we finally find India-China together.

Oh, No.

What can India give us? 1.4 billion poor people with a literacy rate of less than 80 who need relief?

India has nothing but population. And the last thing we want is India's population.

 

[Nuffle]

In a way, the Western blockade of Russians forces them to get to know, visit and be interested in other cultures. The relationship between China and Russia will only grow with this blockade, this will allow for a greater bilateral cultural relationship between the two countries, with open borders allowing this fruitful exchange.

 

[Hamartia Antidote]

This is the border that all countries dream​

The US/Canada border is twice as long and we have always been Visa free.

The real issue is both of you have been avoiding it for decades.

 

[Beijingwalker]

This is the border that all countries dream​

The US/Canada border is twice as long and we have always been Visa free.

The real issue is both of you have been avoiding it for decades.

US only has two neighbors, how about the southern one?

 

[Hamartia Antidote]

US only has two neighbors, how about the southern one?

We don't give free passes to third world countries like Mexico and China. They have to jump the fences.

 

[Beijingwalker]

We don't give free passes to third world countries like Mexico and China. They have to jump the fences.

LOl, then you don't have to brag about border with Canada, you have just 2 neighbors and you built a Trump Wall to block one, that's 50% of all your neighbors being walled.
Of course China is always a third world country, I m very happy that you media always makes you guys believe it. good for China, good for America.

 

[Beijingwalker]

We don't give free passes to third world countries like Mexico and China.

You should help Chinese people with food and daily necessities, like masks, ventilators, hazmat suit....

120 million people in China don't have enough food and their immune system is breaking down??​

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US is the sole superpower in the universe and China is a dirt poor third world country which can't provide the food for its population, and life expectancy in China is lowest in the world because of malnutrition, the superpower America should really help China.

 

[Yommie]

It's good to see China, Russia, Belarus friendship growing. These 3 countries combined is bigger than the former USSR.

 

[Beijingwalker]

It's good to see China, Russia, Belarus friendship growing. These 3 countries combined is bigger than the former USSR.

USSR was a superpower, the first world. China now is a third world. The Hamartia Antidote guy made it very clear.

 

[Yommie]

USSR was a superpower, the first world. China now is a third world. The Hamartia Antidote guy made it very clear.

USSR was relatively weak. The only powerful countries in USSR with industry and tech were Russia, Belarus, Ukraine.