Surging exports and factory investment are buoying China’s output, but the housing market faces serious troubles and industrial policies may hurt other countries.
Category: China Economy
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China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.
A new approach by China’s top leaders is bold but pales against the problem: a vast number of empty apartments no one wants to buy.
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‘It Is Desolate’: China’s Glut of Unused Car Factories
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
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Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens
The community canteens, offering huge plates for a dollar or two, have become popular among penny-pinching young professionals.
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China’s First Quarter Results Show Growth Propelled by Its Factories
China’s big bet on exports has helped to counteract its housing slowdown, but other countries are worried about a flood of Chinese goods.
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China’s Plan to Spur Growth: A New Slogan With Familiar Ideas
As China’s leaders promote their strategy, other countries worry the country is increasing factory overcapacity and plans more exports.
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Hong Kong Security Law Could Damage City’s Image as Financial Hub
Some firms have already moved staff out of the city since the Chinese government took a heavier hand in 2020.
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How China Came to Dominate the World in Solar Energy
Beijing is set to further increase its manufacturing and installation of solar panels as it seeks to master global markets and wean itself from imports.
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China’s New Economic Agenda, a Lot Like the Old One: Takeaways
At the National People’s Congress on Tuesday, China’s leaders set an ambitious goal for growth, exactly the same one as last year.
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China Sets Economic Growth Target of About 5%
Premier Li Qiang targets economic growth of about 5 percent this year as China signals readiness to borrow more for spending programs.
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Low Prices Lure Hong Kongers to China
Hong Kong residents are finding in Shenzhen, the mainland city next door, lower prices, better service and tasty cuisine.
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China’s Investors Are Losing Faith in Its Markets and Economy
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.