At The New Yorker, Evan Osnos suggests that 2012 may have marked a turning point in the erosion of accepted myths about China. Ten, he says, have collapsed over the past year: myths about government efficiency, a hard landing,...
As China’s breakneck rate of economic growth finally begins to slow, some analysts are holding...
Among the reasons that analysts believe China’s economy may have begun to stabilize, TIME calls out the record tourist numbers during this month’s Golden Week holiday and explores whether Chinese consumers can buoy...
China’s National Bureau of Statistics announced on Thursday that the economy expanded 7.4% in the third quarter, in-line with analyst expectations of a seventh straight period of slowing growth. From Xinhua News: GDP...
Economic data released over the weekend indicated that China’s economy may have begun to stabilize in September, as both the trade surplus and money supply grew more than estimated and inflation fell to its slowest pace in...
The World Bank lowered its growth forecast for China to 7.7 percent on Monday, 0.5 percent below its April estimate, according to the China Daily: The World Bank also lowered China’s growth forecast in 2013 to 8.1 percent,...
With a number of global companies reporting a drop in consumer demand from China, and others laying off China staff, Forbes’ Gordon Chang writes that it’s time for policymakers and analysts to revisit their...
Heading into the National Day holiday, and on the cusp of a yet-to-be-scheduled leadership transition, The New York Times’ Andrew Jacobs reports that political distractions have prevented the Communist Party from making...
Don’t tell China’s ultra rich that it hasn’t been a hard landing for the world’s second largest economy – Billionaires in the PRC have felt the brunt of the global economic crisis, according to a...
Bloomberg reports that the Chinese government has approved plans to build over 2,000 kilometers of roads as it aims to reverse slowing economic growth: The projects include highways in Zhejiang and Xinjiang provinces, according...
After another disappointing round of manufacturing data last week, Reuters reports that Communist Party officials must now hurry if they want to inject optimism into the economy ahead of the upcoming leadership transition:...
After a key indicator of manufacturing health fell to a 9-month low yesterday, Keith Bradsher of The New York Times details the mounting inventories of unsold goods weighing on Chinese businesses: The glut of everything from...
The Wall Street Journal reports that a number of Chinese cities have rolled out large stimulus measures intended to boost slumping growth: The city of Chongqing in China’s southwest called for investment of 1.5 trillion...
With China’s official economic data coming under scrutiny in recent weeks, The Wall Street Journal dances around Zhongnanhai to take an unfiltered look at China’s economic health: Private surveys and company data...
Last week’s key data release signaled continued weakness for China’s manufacturing sector, with HSBC’s preliminary purchasing managers index (PMI) shrinking for an eighth straight month in June. Reuters reports...
Under a cloud cover of speculation about a potential fiscal stimulus package, China’s central bank announced a 25 basis point cut to lending and deposit rates on Thursday, its first interest rate cut since late 2008 and...
China’s central bank announced a 25 basis point cut to borrowing and lending rates on Thursday, the latest measure taken to stave off a hard landing for the economy. From The New York Times: The interest rate cut was the...
After the Chinese government stepped up public statements in support of a stimulus to aid its sputtering economy, analysts and investors are now left to speculate what form a potential fiscal package may take. State media,...
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