Chinese Economy

People and companies in China—indeed in business communities around the world—have eagerly embraced Beijing’s promises to enact policies that will restore the nation’s economic momentum. However, disappointment has always followed....

The Chinese Communist Party and its leader, Xi Jinping, aren’t doing so well. Sky-high youth unemployment, a tumbling stock market, and continuing real-estate turmoil threaten to derail his “China dream”...

China’s economy is in a grim place these days, far from the past when many journalists and politicians praised Beijing’s policies and spoke of that economy’s imminent dominance. Beijing just...

It is often said that generals tend to fight the last war. Something similar might be said of Jerome Powell’s Federal Reserve. At a time when both domestic and external...

The word to describe China’s economy in 2023 is bumpy. After an expectations-exceeding growth of 4.5 percent in the first quarter of 2023 following three years of strict COVID-19 prevention...

Hong Kong’s economy enjoyed a cyclical rebound in 2023. But wounds from COVID-19 policies, external headwinds from decelerating Chinese growth, and high interest rates have spoiled the party. With on-and-off...

China entered 2023 emerging from one sea of troubles, only to find itself embroiled in another. The lifting of COVID-19-related restrictions in November 2022 as a result of widespread protests...

China’s industrial policy has drawn global attention, sparking different reactions from developed and developing nations. Developed countries tend to perceive China’s industrial policies as a threat to their firms’ competitive...

“How did you go bankrupt?” Bill Gorton asks Mike Campbell in Hemingway’s The Sun Also Rises. “Two ways,” Mike replies. “Gradually and then suddenly.” So, with America’s inevitable war with...

China’s economy has been hit by a series of bad news. Data released by the National Bureau of Statistics of China indicated a year-on-year decrease of 0.3 per cent in the Consumer...

After a strong start to 2023, Chinese economic activity has sharply fallen short of expectations. Exports have collapsed. Consumption, production and investment have slowed, while inflation levelled out and the...

A looming tsunami of Covid-19 infections is hurting the Chinese economy after the government abruptly announced it would end its harsh “zero-Covid” controls, prompting economists to warn that China could...