The Chinese government said it would no longer release monthly data about unemployment in young people, which had risen each month this year and reached 21.3 percent.
Category: China
-
China’s Woes Loom Large Over the Global Markets
A downturn in the world’s second biggest economy, and growing fears about its real estate sector, are making investors jittery.
-
Biden Describes China as a Time Bomb Over Economic Problems
The sharply worded comments are the latest example of the president’s willingness to criticize China even as he tries to ease tensions.
-
China’s Economy Battles Debt, Slowing Trade and Specter of Deflation
As China’s economy flashes indications of decline, the consequences pose perils for countries around the globe.
-
Country Garden’s Stock Plunges After Report of Huge Losses
Financial troubles at Country Garden, the last real estate giant to avoid default, sparked panic in the markets and angry comments online.
-
Biden Orders Ban on U.S. Investments in China’s Sensitive High-Tech Industries
The new limits, aimed at preventing American help to Beijing as it modernizes its military, escalates a conflict pitting the world’s two largest economies against each other.
-
Lessons From a Law Firm’s Decision to Leave China
Dentons’ decision to quit the country and new investment limits by the Biden administration underscore the growing challenges facing Western companies there.
-
Country Garden Is Latest Property Giant in China to Run Into Trouble
Country Garden, China’s last big property developer to avoid default, has spooked investors after missing key debt payments, rekindling memories of China Evergrande.
-
Deflation Becomes a Threat to China’s Economy
A deepening slowdown in the world’s second-biggest economy has now raised fears of deflation, which could be crippling for heavily indebted China.
-
Biden to Restrict Investments in China, Citing National Security Threats
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
-
China’s Exports Fall Again, Imperiling Its Economic Recovery
Shipments to trading partners slid 14.5 percent in July from the year before, the biggest decline since February 2020, adding to the pressure on Chinese authorities trying to rekindle growth.