Dentons’ decision to quit the country and new investment limits by the Biden administration underscore the growing challenges facing Western companies there.
Category: China
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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.
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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.
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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.
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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.
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As China’s Youth Unemployment Soars, Pressure on Colleges Grows
Under pressure from Beijing, Chinese schools have been told to do more to secure jobs for students, who are facing bleak prospects.
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‘Barbie’ Is a Sleeper Hit in China
The movie has exceeded box office expectations, as China’s female moviegoers celebrate a film that addresses women’s rights head-on.
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China Proposes ‘Minor Mode’ to Limit Kids’ Smartphone Use
A proposal from the country’s internet regulator would require app developers and device makers to adopt a “minor mode” to limit screen time and content for young people.
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Anger in China Over Flooding of Towns, in Part, to Save Beijing
A provincial leader set off an outcry by urging cities to serve as a “moat” for the capital, as diverted floodwaters sent scores of residents fleeing.
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Solar Supply Chain Grows More Opaque Amid Human Rights Concerns
The global industry is cutting some ties to China, but its exposure to forced labor remains high and companies are less transparent, a new report found.
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China Details Plans to Stimulate Consumer Spending
The central government listed measures aimed at prodding people to open up their wallets, but absent was how much it will spend to support the stimulus plan.