More Semiconductors, Less Housing: China’s New Economic Plan
Posted inChina China Economy Economic Conditions and Trends Factories and Manufacturing Foreign Investments International Trade and World Market National Development and Reform Commission (China) People's Bank of China Politics and Government Real Estate and Housing (Residential)

More Semiconductors, Less Housing: China’s New Economic Plan

Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.
China’s Economy Grew More Than Expected Over the Summer
Posted inChina chinese economy Consumer Behavior Economic Conditions and Trends Foreign Investments Gross Domestic Product Infrastructure (Public Works) International Trade and World Market Labor and Jobs National Bureau of Statistics (China) Real Estate and Housing (Residential)

China’s Economy Grew More Than Expected Over the Summer

The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.