A deepening slowdown in the world’s second-biggest economy has now raised fears of deflation, which could be crippling for heavily indebted China.
Category: Foreign Investments
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Europe Vowed to Make Russia Pay for the War. It’s Not That Easy.
Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.
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Pan Gongsheng Named Head of Chinese Central Bank
Pan Gongsheng, who was named governor of the People’s Bank of China after overseeing $3 trillion in reserves, stopped a currency plunge in 2016.
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China’s Government Offers Love, but Entrepreneurs Aren’t Buying It
The government’s new 31-point guidelines meant to inspire confidence feel empty to businesspeople after a three-year clampdown and no concrete changes.
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China’s Second-Quarter G.D.P. Shows Post-Covid Rebound Faltered
Government data shows gross domestic product growth slowed in the second quarter from earlier in the year, even though it rose over the same period in 2022.
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Uruguay Saw Opportunity in China. It Got Schooled in the Hazards of Trade.
Uruguay’s pursuit of a trade deal with China has angered its powerful neighbors while failing to yield economic gains.
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Looming U.S. Investment Restrictions on China Threaten Diplomatic Outreach
Any such restrictions are expected to anger Beijing and will be the first test of the new channels of communication that the world’s two largest economies are trying to restore.
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Janet Yellen’s Trip to China: No Breakthroughs But 10 Hours of Talks
Treasury Secretary Janet Yellen, after 10 hours of meetings with Chinese officials, said the two sides would pursue “more frequent communication” despite their deep differences.
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How Much Debt Does China Have?
A major lender abroad, China is facing a debt bomb at home: trillions of dollars owed by local governments, their financial affiliates, and real estate developers.
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Chips Make It Tough for the U.S. to Quit China
Chipmakers are finding it increasingly hard to operate in China but say doing business in the country is still key to their survival.
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U.S. and China, by the Numbers
From movie theaters to military spending, here’s how one of the world’s most important economic relationships stacks up.
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Samsung’s AI Moment Is Here, but Is It Ready?
Foreign investors betting on artificial intelligence are pouring money into the company’s shares. Analysts say it will have a hard time keeping up with rivals.