As consumer prices fall and other signs of weakness emerge, fears are growing that the world’s second-largest economy could be heading toward an extended slump.
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BYD calls on China automakers to unite, ‘demolish the old legends’ in global push
BYD used an event this week to mark a production milestone to celebrate a bigger purpose: the emergence of China as a global auto manufacturing powerhouse. “I believe the time has come for Chinese …
China’s foreign trade to sustain growth with resilience, potential
China’s general trade, which involves long industrial chains and high added values, rose 2.1 percent to 15.41 trillion yuan in the first seven months of the year. It accounted for 65.4 percent of the …
China’s economy is showing signs of serious trouble — and the problems are still mounting
China was supposed to see a strong rebound from the pandemic. Instead it’s facing deflation, massive debt, and a wobbling housing market.
$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).
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 …
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 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’s Stalling Economy Puts the World on Notice
As China’s economy flashes indications of decline, the consequences pose perils for countries around the globe.
Biden says China is ‘ticking time bomb’ due to economic woes
Speaking during a campaign fundraising event in Utah, President Biden called China a “ticking time bomb” on Thursday, telling attendees that the country is in “trouble.” …
AEI’s Elisabeth Braw explains why doing business in China may no longer be insurable
Elisabeth Braw, AEI senior fellow in foreign and defense policy, joins ‘Squawk Box’ to discuss the political risk insurance market, why doing business in China might be uninsurable, the cost of …
Tesla Competitor Zeekr Cuts Prices in China. That Isn’t a Great Sign.
Chinese luxury EV brand Zeekr is offering discounts for its Zeerk 001 crossover-sized vehicle that competes with a Tesla Model Y.
