Pretty much every major economic indicator suggests that the Chinese economy will continue its downward momentum in 2019. Industrial production, retail sales, and even the once red-hot property market are all showing real signs of weakness. Some...
Confidence among China’s sales managers and steel producers waned in November, matching the mood among international investors, while sentiment among small businesses improved, according to the earliest available indicators.
The bank pointed to China’s State Council meeting this week, which discussed plans to streamline the approval process for investment projects.
On August 12, the International Monetary Fund (IMF) issued its annual report card on China’s economy and gave the country mixed grades, finding...
Veteran China journalists Mary Kay Magistad and Gady Epstein discuss the increasingly complex “frenemyship” of China and the United States, the South China Sea, the role of “old China hands,” and how the Middle Kingdom is changing the world and...
Investors fretted ahead of this week's central bank meetings and Britain's referendum on whether to remain in the EU.
The failure of Chinese leaders to tackle the problem of excess industrial production has intensified an economic slowdown.
For workers like Li Jiang, factory closings
Brazil, Russia, India, China – BRIC.
"You American people worry too much about the China economy," Ma said at the annual Clinton Global Initiative meeting.
What a difference two years make, in China.
What’s happening in China right now has limited the ability of the Federal Reserve Bank to do what’s right for the American economy.
The central bank cut the benchmark interest rate a third time in six months.
Saudi Arabian Oil Company President and CEO Khalid A. Al-Falih has seen global oil prices rise and fall through at least six market cycles during his more than 30 years with the world’s largest crude producer and exporter.
Al-Falih, 55,...
The growth target is lower than the 7.4-percent economic growth in 2014, its weakest annual expansion since 1990.
"If China still keeps 9 percent growth of the economy there must be something wrong. You will never see the blue sky. You will never see quality. China should pay attention to the quality of the economy," he said in a question-and-answer session...
The number of strikes more than doubled in 2014 to 1,378 from 656 the year before, according to China Labor Bulletin, a Hong Kong-based advocacy group. April saw the biggest strike in decades, when about 40,000 employees of Adidas and Nike...
"China scares me," he said Tuesday at the Asian Financial Forum in Hong Kong. "It scares me not because the policies have been wrong or anything, but because of the magnitude of the adjustment."
For much of the last two decades, China has been working overtime to drive the growth of the world economy. Now, it’s slowing to suborbital speeds.
The economy increased by 7.3 percent in the last quarter of 2014 and 7.4 percent for the full year, the country’s National Bureau of Statistics said Tuesday. While many countries would welcome such growth, the rate fell short of the government’s...
Every urban real estate market is different in mainland China, driven by myriad municipal and provincial regulations and the varying strength of local economies. But the outcome is the same: The property market is under serious pressure.
When inaugural chief executive Edmund Ho Hau-wah threw the liberalisation dice that took Macau's flagging gaming industry into the 21st century in 2002, few could have predicted its stellar rise to become the top city for global gaming, leaving...
On any list of banking accidents waiting to happen, China is assured a place at the very top. But could a crash there take the entire global economy down with it?
China’s central government called for “unrelenting” implementation of its economic policies and reform measures to consolidate the nation’s recovery from a two-quarter slowdown and improve the quality of growth.
Based on its track record, the purely economic dimensions of an economic transition don’t seem more daunting than the other feats the C.C.P. has pulled off. Instead, it’s the social and political dimensions of the demographic hangover that...
Low wages and easy access to overseas markets helped transform Yantian in the 90s from a sleepy agricultural hamlet to a manufacturing hub. Now, the number of foreign firms in town has dropped, due to rising labor costs, land shortages and...
The new leadership has signalled it is prepared to tolerate slower growth to move the economy away from export-led growth and towards one driven by domestic demand, with 7 percent annual expansion seen as the bottom line.
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China’s continued slowdown is bad news for the global economy, as the U.S. recovery remains slow and the euro zone is mired in recession. At the same time, with export sales looking weak, Chinese manufacturers have little reason to invest...
Macro-economic policies should be stabilized and micro controls in some sectors should be loosened, the Politburo Standing Committee said after what Xinhua said was a “special session” on the economy.
Slower Chinese GDP growth is not a bad thing if it’s happening for the right reasons. But it’s not happening for the right reasons.
Instead of reining in credit to try to curb over-investment, Chinese authorities have allowed a renewed...
Written into the script for China’s once-in-a-decade leadership shuffle, confirmed at the recently concluded National People’s Congress, are macroeconomic policies for the new government that plot a course for future growth.
The policy...
Political uncertainty is inevitable as China prepares for this fall’s leadership transition. This year economic conditions are also unusually unpredictable. In particular, while China is undergoing an inevitable economic slowdown, few have a...
CHINA'S property market was once described as the "most important sector in the known universe" by Jonathan Anderson, formerly of UBS, a Swiss bank. It certainly felt that way on a recent visit to Sanya, the resort city in Hainan, known for its...
Nicholas R. Lardy assesses the latest Chinese economic output numbers, which show that a drop in exports and housing investment are contributing to slower growth.
Wages are still climbing rapidly in China and many companies are having trouble filling jobs despite the sharp economic slowdown here—evidence of a structural shortage in the labor market that may help China adjust to slower growth without...
Official data due this week are expected to show growth in China slowing to its lowest rate since the global financial crisis. But some economists say they are turning up evidence that the true picture could be even worse.
The lights are flickering in the world's economic powerhouse. Although China's outlook may still be positive by, say, European standards, the numbers show that the country's storied growth engine has slipped out of gear. Businesses are taking...
After three decades of annual growth averaging 10%, China's bullet-train economy is slowing markedly. Economic problems in Europe and the U.S. are stunting export growth, long the primary driver of China's economic miracle. Growth in industrial...
John King Fairbank, the father of Chinese studies in America, once described China as a “journalist’s dream and a statistician’s nightmare, with more human drama and fewer verifiable facts per square mile than anywhere else in the world.” These...
