Jack Ma, cofounder of Chinese e-commerce behemoth Alibaba and fintech giant Ant Group. PHILIPPE LOPEZ/AFP via Getty Images) For China’s richest billionaires, last year was the worst in decades. Covid-...
Tag: china. economy
China Relaxes Covid Curbs. But Is Now The Time To Buy Stocks?
Healthcare workers exit a locked down neighborhood in Shanghai’s Huangpu district after spraying disinfectant. STR/AFP via Getty Images China is finally shifting away from some of its strictest ...
Xi Outlines Superpower Ambitions Amid Tensions With U.S. And Economic Woes
President Xi Jinping waves as he arrives at the opening ceremony of the 20th Communist Party … [+] congress in Beijing on October 16. AP Photo/Mark Schiefelbein Chinese President Xi Jinping vowe...
China’s ‘Lost Decade’ Is Even Worse Than You Think
People line up for Covid tests in front of a mobile testing booth in July 19, 2022 in Chengdu, Sichuan Province of China. Yuan Kejia/VCG via Getty Images Turns out, economists worried about a Japan-li...
China’s ‘Zero Covid’ Mess Is Infecting Asia’s Economies
Chinese President Xi Jinping inspects the Chinese People’s Liberation Army PLA Garrison in Hong Kong on July 1, 2022. Li Gang/Xinhua via Getty Images Ten years of President Xi Jinping trying to ...
China Billionaire Cuts Stake In Outperforming Nike Rival Xtep
Xtep international Chairman Ding Shui Po in 2014. (Photo by Edmond So/South China Morning Post via … [+] Getty Images) South China Morning Post via Getty Images An investment company controlled ...
China’s Second-Quarter GDP Growth Plunges To Less Than 1% On Covid Hit
Health workers in protective gear walk out from a cordoned area after spraying disinfectant in Shanghai’s Huangpu district on January 27, 2021. STR/AFP via Getty Images China’s economic growth s...
China’s 5.5% GDP Obsession Has $8 Trillion Dark Side
Chinese President Xi Jinping chairs the High-level Dialogue on Global Development via video link in Beijing, China, on June 24, 2022. Li Tao/Xinhua via Getty Images China is going to grow 5.5% this ye...
China SUV Leader Great Wall Motor Reports 41% Plunge In April Sales Amid Lockdowns
Wei Jianjun, chairman of Great Wall Motor Co., attends a news conference in 2019. Great Wall, … [+] Photographer: Paul Yeung/Bloomberg © 2019 Bloomberg Finance LP April sales at Great Wall Motor...
China Blows $46 Billion A Month With ‘Zero-Covid’ Fiasco
Workers wearing protective gear deliver vegetables to residents of a neighborhood in lockdown in … [+] Jing’an district, Shanghai on March 29, 2022. HECTOR RETAMAL/AFP via Getty Images Eco...
China Owes Federal Reserve For Saving 5.5% Growth Target
Xi Jinping greets the media at the Great Hall of the People on November 15, 2012 in Beijing, China. Feng Li/Getty Images As Jerome Powell threatens to pick up the pace of tightening, Xi Jinping’s Chin...
China’s Return To 1998 Is Troubling Economic Moment
The Shanghai Bull is associated with a derivative of Arturo Di Modica’s Charging Bull installed in … [+] late April 2010 and unveiled on The Bund in Shanghai on May 15, 2010. getty This we...