分析师表示，习近平的实际经济管理是问题的一部分。Analysts say Xi Jinping’s hands-on management of the economy is part of the problem. — Read on www.rfa.org/english/news/china/china-economy-12152023163159.html 中国经济放缓的最大问题是习近平 China’s big problem of slowing economy is Xi jinping
国际金融研究所表示，与西方关系的恶化、降低风险、重新评估、技术禁运将在2024年影响中国股票和债券的流入。 —阅读www.scmp.com/economy/global-economy/article/3244938/chinas-stocks-bonds-suffer-us65-billion-capital-outflow-2024-amid-geopolitical-risks-waning-investorDeclining relations with West, de-risking, reshoring, tech embargoes set to weigh on inflows to China’s stocks and bonds in 2024, Institute of International Finance says. — Read on www.scmp.com/economy/global-economy/article/3244938/chinas-stocks-bonds-suffer-us65-billion-capital-outflow-2024-amid-geopolitical-risks-waning-investor
China says more harsh weather in store after tornado kills five 中国称龙卷风造成五人死亡后将出现更恶劣的天气 https://www.msn.com/en-us/video/news/deadly-tornado-rips-through-eastern-china/vi-AA1gYNNb?t=13&ocid=socialshare Chinese weather officials stepped up warnings against heavy rain and strong winds in several regions, state media said on Wednesday, a day after a violent tornado wreaked havoc in the eastern province of Jiangsu, killing five people.
在过去的几个月里，中国的经济困境充斥着新闻，因为其期待已久的疫情后复苏尚未实现。大部分报道都集中在北京的“零新冠肺炎”政策对中国消费者信心和房地产行业崩溃的长期影响，以及习近平主席对私营部门的持续镇压和反腐败运动，该运动目前以医疗保健部门为目标。 但中国经济中的问题根深蒂固，在2020年初疫情爆发之前就已经很明显了。自2010年代以来，增长速度已经放缓，从2007年的12%以上减半到2019年的约6%，就在新冠肺炎爆发之前， and halving again to 3 percent this year, its lowest rate of growth in a generation. Nevertheless, this slowdown is partly by design, as a way to focus on the quality of growth and higher-level goals, such as technological innovation, improved air quality and reducing China’s persistently high income inequality. — Read on […]
Recent moves, such as aggressive police raids against foreign businesses and the withholding of basic economic data are akin to putting up a “Do Not Enter” sign. The harder the Chinese Communist Party clamps down on news, views and data that don’t fit its preferred narrative, the greater the investment risk and the harder it will be for China to […]
The world’s most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March. 世界上最负债最多的房地产开发商在2021年违约，并于3月宣布了一项离岸债务重组计划。 — Read on www.cnbc.com/2023/08/18/china-property-developer-evergrande-files-for-bankruptcy-protection-in-us.html
https://news.yahoo.com/china-shadow-bank-crisis-sparks-102709635.html Chinese investors protested outside the office of one of the country’s biggest shadow banks, in a rare show of public outrage after the firm skipped payments on dozens of investment products. 中国投资者在中国最大影子银行之一的办公室外抗议，在该公司拒绝支付数十种投资产品后，这是罕见的公众愤怒表现。Zhongrong is among the biggest firms in the country’s $2.9 trillion trust industry, which pools savings from wealthy households and corporate clients to […]
China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry’s shaky finances and their impact on the struggling Chinese economy. 在一家大型房地产开发商未能偿还数十亿美元债务后，中国政府正试图安抚紧张的购房者，这重新唤起了人们对该行业动荡的财务状况及其对陷入困境的中国经济的影响的担忧。 — Read on apnews.com/article/china-debt-real-estate-country-garden-8452f8fc81697903bbd2cbd37f0e76be 他们强调了该行业在执政的共产党的压力下为减少被视为经济威胁的飙升债务而进行的斗争。这使数百家小型开发商破产，并抑制了中国的经济增长。 they highlight the industry’s struggle under pressure from the ruling Communist Party to […]
China could be the first country to get old before it gets rich and the implications are profound. 中国可能成为第一个未富先老的国家，影响深远 https://www.smh.com.au/world/asia/china-could-be-the-first-country-to-get-old-before-it-gets-rich-and-the-implications-are-profound-20210517-p57sj6.html China is predicted to have 400 million retirees in 2035 – the same year the state pension fund is expected to run out. In this episode, Jasmine Tse analyses the central government’s race to prepare […]
An unusually public claim by a Chinese professor the country’s youth jobless rate might have hit close to 50% in March has stoked a debate about official data and a soft labour market, despite curbs on negative portrayals of the economy. 一位中国教授不同寻常地公开声称，该国的青年失业率在3月份可能已达到近50%，这引发了一场关于官方数据和疲软劳动力市场的辩论，尽管对经济的负面描绘有所限制。 — Read on money.usnews.com/
https://www.cnbc.com/2023/05/29 As youth unemployment in China rises to a record high, college graduates are caught in a perfect storm — with some forced to take on low-paying jobs or settle for jobs below their skill levels. Official data shows urban unemployment among the 16- – about four times the broader unemployment rate even as millions more college students […]
This is a golden opportunity to seize for India, Vietnam, and the many other countries that are now offering themselves as alternatives. Not that Vietnam is any less communist or more respectful of freedom than Beijing, but it keeps a good distance from China and enjoys good relations with Washington. As in the days of […]
https://www.reuters.com/world/china/debt-laden-local-governments-pose-fresh-challenges-chinas-growth-financial-2023-03-10/ As debt obligations mount, some local governments are pushing banks to extend maturities and cut interest rates, sources said. Local Government Financing Vehicles (LGFVs) have 5.5 trillion yuan ($790 billion) worth of onshore bonds coming due this year, the highest since 2021, according to Fitch. A sharp drop in income from mainstay land sales […]
https://www.aljazeera.com/economy/2023/3/6/why-did-china-set-its-lowest-economic-growth-target-in-decades Excluding 2020, when COVID-19 upended the global economy, last year’s economic growth rate was the lowest since 1976, the last year of Mao Zedong’s cultural revolution.Although China’s economy appears to be rebounding strongly from the pandemic — manufacturing activity in February, for example, smashed expectations, expanding at the fastest pace in more than a […]
China economy lower than ever
China’s Elderly have hit the streets in Wuhan to protest the government’s new health insurance reforms. These reforms include cuts in monthly allowances paid to retirees. Molly Gambhir reports.
https://www.reuters.com/markets/europe/investors-avoiding-china-stocks-face-less-pain-bearish-year-markets-2022-10-26/ Global investors dumped Chinese assets on Monday as Xi Jinping’s new leadership team raised fears that growth will be sacrificed for ideology-driven policies. 全球投资者周一抛售中国资产，因为习近平新领导班子担心经济增长将因意识形态驱动政策而牺牲。
