China was supposed to see a strong rebound from the pandemic. Instead it’s facing deflation, massive debt, and a wobbling housing market.
Recent Posts
$2.6 Trillion ‘Glitch’ Causes Crypto Price Chaos After XRP-Led Bitcoin And Ethereum Price Boom
Bitcoin, ethereum, XRP and other major cryptocurrencies have been reinvigorated this year (with a game-changing China earthquake on the horizon).
Global Covid-19 cases see 80% rise amid concerns over new EG.5 variant
In its weekly update, the UN agency said that nations reported nearly 1.5 million new cases from July 10 to August 6, an 80 per cent increase compared to the previous 28 days
Corona Cases Witness 80 Per Cent Rise Globally In 1 Month, New Omicron Variant Behind Surge: WHO
During the weekly update, WHO said that “1.5 million new corona cases” were reported between July 10 and August 6. This is 80% more than the last 28 days.
China’s Economy is crumbling! What ALARMING Indications Does It Send To The World?
Long the centerpiece of a profit-enhancing version of globalisation, China has devolved into the ultimate wild card in a moment of extraordinary uncertainty for the world’s economy, Economy News, Time
China corruption watchdog nabs 160 hospital bosses in healthcare blitz
More heads to roll’ as investigations continue into sector given over US$15.2 billion in public funds during Covid-19 Health spending is among the ‘three burdens’ on China’s ageing population and one of the largest sources…
China’s iron ore imports up 6.9 pct in first seven months
BEIJING, Aug. 12 (Xinhua) — China’s imports of iron ore registered steady growth in the first seven months of 2023, data from the General Administration of Customs showed. During the period, China …
China’s imports of Russian nuclear materials hit record-high in 2022
The value of China’s imports of Russian nuclear materials for use at power plants hit a record $490 million in 2022, the highest fi …
Western leaders welcomed China’s presence at Ukraine peace talks. But Beijing’s relationship with Europe is still testy
European officials took some small comfort when China attended a summit in Jeddah, Saudi Arabia, last weekend. The meeting aimed to find a peaceful solution to the conflict in Ukraine.
China’s Home Buyers Are Waiting Out the Property Slump
The wait-and-see attitude of home buyers is deepening the slump and complicating policy makers’ attempts to revive economic growth.
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 …