Freshly graduated psychology major Zhang has failed to find a job in her chosen field of market research despite sending out thousands of CVs to Chinese employers.Zhang is one of millions of graduates entering China’s…
Recent Posts
China set to cut lending rate as economic recovery drags
The People’s Bank of China is set to announce reductions to both one-year and five-year loan prime rates, which affect borrowing costs for businesses and households, at a monthly meeting on Monday, after making a…
China’s Fertility Rate Dropped Sharply, Study Shows
A Chinese media report gave rare insight into the country’s demographic crisis since Beijing stopped publishing fertility-rate data.
Finance ministry steps up monitoring of China’s property woes
The finance ministry launched a special team to step up its monitoring of concerns about China’s economy, with property woes in China deepening its economic trouble, according to ministry officials on …
Hilton bets on China’s middle class as it eyes about 730 hotels in next 10 years
“China had a very strong second quarter as domestic travel … Yulu Ao joined SCMP in 2022 as a business reporter. She previously covered business trends across the Greater Bay Area with topics …
Biden’s call for ‘new era of cooperation’ with Japan and South Korea likely to ramp up tensions with Beijing
The United States and two of its closest allies in Asia on Friday announced renewed commitments in a show of solidarity and force in the face of an ascendant China. The leaders of the United…
Prevalence of COVID in China remains low despite rise in EG.5 cases
The proportion of EG.5-related cases in all COVID infections has risen from 0.6 percent in April to 71.6 percent at present, and it is the predominant variant in the vast majority of provinces in …
Biden plan to curb China investments focuses EU minds as deadline looms
European officials are taking a fine-tooth comb to last week’s executive order, with some relief that it is ‘narrower’ than expected.
China Heading Towards Imminent Financial Crisis? Another Big Firm Defaults On Loan Repayments
They are considered part of the “shadow banking” industry, a sector that forms an important source of finance in China. The term usually refers to financing activity that takes place outside the …
Most voters are concerned about China’s influence on the nation’s government
China’s ascension in geopolitics has been a hotly debated issue in recent years. The Sino influence has steadily grown worldwide since the early 21st century.
China shadow bank crisis sparks calls for policy response
Chinese fears of a spillover from missed payments on some shadow banking linked trust products and worsening consumer sentiment are expected to hasten a policy response to revive the country’s …
China Credit Contagion Risk Is Phantom, Structural Challenges Are Real
Country Garden Holdings defaulted and China Evergrande Group sought Chapter 15 protection to keep creditor restructuring plans on track. Is this China’s Lehman Moment?
Outlook for China’s property sector is grim, but it isn’t the only drag on its economy
Financial markets have been firmly focused on the interest-rate implications of a resilient, even robust US economy, but investors may not have been paying enough attention to China’s economic and …