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China's hardened rhetoric against price wars among producers is raising expectations Beijing may be about to kick off ...
Analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more ...
Stimulus Signs: The Chinese economy held up relatively well in the first half of the year despite U.S. tariffs, and is on track to hit the official growth target of around 5% goal for the year. That ...
The rate, which slightly exceeded the 5.1 per cent average estimate from analysts polled by Reuters, positions Beijing to hit its full-year target of about 5 per cent. It shows how China has been able ...
China’s industrial profit rose for the second straight month in May but at a much slower pace, pointing to persisting economic headwinds amid a protracted property slump. Profits at China’s ...
Non-performing loans at China's big four banks — Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China — jumped 10.4% in 2023, from 1. ...
A version of this article appears in print on Jan. 1, 2024, Section B, Page 1 of the New York edition with the headline: How China’s Property Crisis Crushed Sound Investments.
This article is for subscribers only. China’s escalating push to have its banking behemoths backstop struggling property firms is adding to a maelstrom of woes for the $57 trillion sector.
Growth was driven partly by strong industrial activity and exports, before President Trump's punishing tariffs. Experts say these levies will hurt China's growth this year.
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