Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.
Overall, the predictions are largely similar to those made by Goldman Sachs in 2024, with the exception of Russia.
That's the estimated destruction of household wealth in China caused by the country's property meltdown since 2021. That eclipses the losses suffered by Americans in the financial crash of 2008-09. Di ...
The Associated Press - Business News on MSN10d
China raises its estimate for the size of its economy in 2023
China says its economy grew a bit more in 2023 than earlier thought, according to an economic census conducted every five ...
That is enough to meet the needs of more than 300m people and more than triple the capacity of the Three Gorges dam, which is ...
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s ...
China has set up a new department to oversee its low-altitude economy, in a landmark boost to the fast-expanding sector as the country seeks new growth drivers for 2025. China’s top economic ...
BANGKOK — China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday.