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Granted, the U.S. economy only grew 1.3% in the first quarter of 2023, but some observers believe that China’s slowdown is indicative of deeper problems that could soon emerge — problems that ...
Economists and analysts have told CNN that is because China has become too indebted to pump up the economy like it did 15 years ago, during the global financial crisis.
Jia, currently president of the China Academy of New Supply-side Economics, a private think tank, was quoted as saying the potential bond issuance of up to 10 trillion yuan was “not unreasonable ...
China's leadership is relying on an export surge to revive slumping growth, but those policies won't extract the world's second largest economy from the malaise that it's in, a top China watcher said.
China’s businesses are struggling and job seekers have trouble finding work, President Xi Jinping acknowledged during his Sunday New Year’s Eve speech. Xi Jinping rings in 2024 with rare ...
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HONG KONG (AP) — China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, thanks to strong exports and ...
Logan Wright, director of China markets research at Rhodium Group, agreed, saying: “The slowdown in China’s economy is structural, caused by the end of an unprecedented expansion in credit and ...