The empty seats belied China’s stubbornly high youth unemployment rate — a problem so pressing that President Xi Jinping this week told top Communist Party (CCP) cadres it should be …
China Economy
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The minimum down payment ratio for individual commercial mortgages for homes has been lowered from 30 percent to 20 percent for first-home purchases, according to a circular released by several …
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Important economic indicators rebounded during the month amid government measures to prop up growth and promote high-quality development, National Bureau of Statistics (NBS) spokesperson Liu Aihua said at a press …
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A year and a half after crippling Covid-19 restrictions ended, the property crisis is just one of the deadweights dragging on China’s recovery momentum, sending ripples of unease through the …
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Many cities imposed restrictions and tough credit requirements on home purchases well over a decade ago in an effort to tamp down soaring prices and rampant speculation. But they …
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The central government will begin issuing some 30-year bonds on Friday as part of a planned sale of more than $138 billion of debt, according to a notice posted to …
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Beijing has set a target of around five percent growth for the year, a goal officials last month admitted would “not be easy” and which analysts said was ambitious given …
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Washington is especially concerned about “overcapacity”, where Chinese subsidies to industries such as solar, electric vehicles and batteries threaten to undercut these sectors in other countries. US Treasury Secretary Janet …
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The trip from April 3-9 begins in the major southern city of Guangzhou, where she will speak with representatives of US firms and hold meetings with Chinese officials, including vice …
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Customers love the Chinese-founded firm’s massive catalogue of ultra-cheap items, from $8 sundresses to 48-cent bracelets, at a time when inflation has shrunk purchasing power around the world. Like H&M …