The Chinese economy expanded at its slowest annual rate since 1990, with GDP expanded at a 5.2% pace in 2023. With the Chinese government making efforts to stimulate the economy and ongoing …
Monthly Archives For January 2024
US Treasury team set for Beijing talks on economic co-operation
The Treasury team will be led by Brent Neiman, assistant secretary for international finance, and under-secretary for domestic finance Nellie Liang. They will be joined by Andrea Gacki, head of the financial crimes enforcement network,…
China’s population keeps falling — and that’s more bad news for the world’s 2nd-largest economy
Beijing is already battling deflation, weak consumer demand, and an ongoing property-market crisis as well as declining birthrates.
China launches a security review of Shein — here’s what it means for its IPO
China’s powerful internet regulator is conducting a security review of Shein as the fast-fashion giant gears up for its highly anticipated U.S. IPO.
China Property Slump: New Home Prices Fall At Fastest Pace In Nine Years
Stresses in China’s property market were underlined by data on Wednesday that showed new home prices in December endured their steepest monthly decline since February 2015. Prices of new homes measured across 70 large and…
China will no longer lift all boats, so investors must place bets carefully, look across Asia: JPMorgan Private Bank
Investors cannot ignore China, but they should be selective about their allocations this year, according to Alex Wolf, managing director and head of investment strategy for Asia at JPMorgan Private …
These three things could revive China’s economy, says Kevin Rudd
PM told a Davos panel that Chinese consumers and businesses could boost growth, if they can get their mojo back. The big risk is a fallout with the US.
The main causes of China’s demographic crisis
China is currently facing a demographic crisis of unprecedented scale. The country, known for its rapid economic growth and massive population, is …
Chinese lab had COVID-19 mapped two weeks before global outbreak: documents
The documents revealing the early COVID-19 sequencing were released after the House Energy … The Chinese Embassy did not comment on the incident but defended China’s response to the pandemic and the …
Record-Low Birth Rate Causes China’s Population to Decrease for Second Consecutive Year
The drastic population was driven by a surge in Covid-19 cases that emerged after authorities lifted harsh quarantine measures.
Chinese lab sequenced COVID-19 two weeks before authorities disclosed findings
A Chinese researcher submitted a partial virus sequence of COVID-19 to a National Institutes of Health (NIH … submitted to the U.S. database and eventually released publicly by China appears to …
Shocking Reality of China’s Real Estate: Is it Headed for a Meltdown?
AsiaToday Hong Soon-do, Beijing Correspondent = China’s real estate industry crisis is finally becoming a reality and is expected to be a major factor in deteriorating growth rates. In the worst case scenario,
Dimon Says China Risk-Reward Equation Has ‘Changed Dramatically’
China has been “very consistent” in opening up to financial-services companies, but calculating the potential upside for US firms has become more complicated, according to Jamie Dimon.
