china economy

China Prepares Big Stimulus, Could Grow Larger If Trump Wins US Election

04 Nov 2024

China's National People’s Congress Standing Committee, the nation’s top legislative body, gathered on Monday to finalize a long-awaited economic stimulus package that analysts believe could grow if former US President Donald Trump reclaims the White House. The meeting, led by top official Zhao Leji, is expected to approve a trillion-yuan...

Blue Collar Workers Unrest In China Concerning: Nikkei

12 Aug 2024

As China's economic growth has decelerated, labor disputes in the property and manufacturing sectors have surged, raising concerns about the social safety net for blue-collar workers. This is according to a report by Nikkei Asia, a Japan-based English-language news magazine. Despite strict government media censorship, signs of public discontent and...

China’s Country Garden Holdings Co turns into penny stock

11 Aug 2023

Country Garden Holdings Co formerly, which was once China's largest developer by sales, became a Hong Kong penny stock in a stance of increasing investigation and analysis of its operations and growing liquidity issues. In the early morning of 11 August, the company stock fell by 5.8% to HK$0.98, on...

China’s economy plunges after COVID outbreaks

24 Nov 2022

China's economy is likely to suffer after the COVID-19 outbreaks, as a slump has been observed and it is unlikely to move into the "highest gear in the term," according to the reports. China is among the major countries that do not treat COVID-19 as endemic. As per the reports,...