The wait-and-see attitude of home buyers is deepening the slump and complicating policy makers’ attempts to revive economic growth.
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Once Asia’s richest woman, China property tycoon loses more wealth than any billionaire
Yang Huiyan, the once-richest woman in Asia, lost 84% of her wealth from its peak in 2021 due to the deepening debt crisis of her Chinese property development company, Country Garden Holdings Co.
How U.S. and China Are Breaking Up, in Charts
China’s share of U.S. imports hits a 20-year low, with Mexico and Canada becoming America’s top two trade partners.
China’s fledgling Wealth Connect plan is stunted as the devil in 3 disparate systems stymies Greater Bay Area strategy for banks, brokers, insurers
The wealth connect scheme reports paltry inflows relative to its predecessors stock connect and bond connect Almost two years on, the scheme has attracted investments worth only 1 per cent of its 300 …
US and China to allow more direct flights between the two countries
The US government has agreed to allow Chinese airlines to increase the number of direct flights between the two countries more than three years after the beginning of the global Covid-19 crisis, with the government…
China debt: these 3 regions have the most daunting debt piles. So what can be done about it?
China to hasten infrastructure push to aid growth amid call … In 2021, the government of Tianjin introduced measures to improve the financial health of its indebted state firms following a series of …
China’s July crude imports drop to lowest since January
China’s crude oil imports in July fell 18.8% from the previous month to the lowest daily rate since January, customs data showed on Tuesday, as major exporters cut back overseas shipments and domestic …
China floods: The families torn apart by ‘huge, furious waves’
Ms Chang and her husband adopted Miao as a baby. They have two older sons, 27-year-old twins, who were back home in Henan province in central China when the flood hit. Distraught at what happened…
China’s sitting on a goldmine of genetic data – and it doesn’t want to share
Better cancer treatments, advances in longevity, groundbreaking medicines and vaccines: these are just some of the potential prizes on offer in an emerging global race to advance the biosciences.
China’s ‘Ticking Time Bomb’ Economy
President Xi Jinping triggered the upheaval in 2020 when Beijing imposed strict limits on real-estate lending to dampen speculation and let some of the air out of a dangerous asset-price bubble. Defaults by heavily indebted…
Biden calls China economy a ‘ticking time bomb,’ misstates GDP growth
U.S. President Joe Biden on Thursday called China a “ticking time bomb” because of economic challenges including weak growth, but misquoted the country’s growth rate. “They have got some problems. That’s not good because when…
China’s tech chiefs fear falling ‘five generations behind’ US as democracies tighten screws
China’s microchip companies could fall “at least five generations behind” their U.S. rivals due to President Joe Biden’s export controls on semiconductor technology, a top fear for Chinese executives.
Chengdu Universiade | From Beijing to Shenzhen to Chengdu, Universiade shows a changing China
The Chengdu Universiade was originally scheduled for the summer of 2021, but was ultimately pushed back until 2023 due to the COVID-19 pandemic …
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