China faces significant long-term economic challenges due to a declining birthrate, massive debt, and a changing global attitude towards Chinese trade and investment.
Monthly Archives For July 2023
Top global firms react to the state of China’s economy
A flimsy recovery from the global pandemic has marked China’s economy with uncertainty. This precarious situation has elicited an array of responses from global corporations, spanning sectors from …
Disappearance of Rising Communist Star Has Beijing Watchers Puzzled
Qin Gang, who was named foreign minister in December 2022, was a member of an exclusive circle surrounding the party’s strongman. One idea is that
Amid Mounting Youth Unemployment Woes, Beijing Looks Towards Vocational Education
Facing increasing fears of youth unemployment, Beijing is raising the status of vocational programs and steering students towards technical education programs.
China’s Foreign Minister Qin Gang ousted as rumors swirl of a love child with TV presenter
Qin Gang, 57, was let go from his job as a foreign minister in China on Tuesday in a dramatic move inside the Chinese government.
Factbox: What are global companies saying about China’s economy?
Major global firms ranging from banks to chipmakers are taking a largely cautious stance on their China business amid a frail recovery at the world’s second-largest economy from a pandemic slowdown.
VW’s Market Share Continues To Shrink In China As BYD Increases Its Sales Lead
Foreign brands that once dominated the Chinese market struggle to keep up as Chinese automaker continue to create affordable EVs …
China removes its outspoken foreign minister during a bumpy time in relations with U.S.
China has removed Qin Gang, the country’s sometimes outspoken foreign minister, from office and replaced him with his predecessor, Wang Yi.
China’s economy is losing momentum, while Russia’s recovery is accelerating, IMF says
The IMF raised its forecast on Russia’s 2023 GDP growth to 1.5% from a prior view of 0.7%.
China ramps up macro control for stable economic growth
China’s top economic planner has mapped out measures to restore and expand consumption in a wide-ranging plan to bolster growth. Detailed plans on promoting the consumption of automobiles, electronic products, and household items have been…
China’s Gas Reform Seen Boosting Distributors, LNG Imports
China’s relaxation of natural gas price controls will benefit local utilities and may help spur demand for seaborne imports, according to an executive at China Gas Holdings Ltd.
China removes its outspoken foreign minister during a bumpy time in relations with the US
China has removed outspoken foreign minister Qin Gang from office and replaced him with his predecessor, Wang Yi.
Lawmakers press for more scrutiny over China’s ‘malign influence’ at development bank
Lawmakers intent on reducing China’s influence on the U.S. economy are seeking to push the Treasury Department to reduce the scale of Beijing’s influence at the Inter-American Development Bank, which supports economic and social development…
