Search results
Aug 21, 2023 · Economists and analysts have told CNN that is because China has become too indebted to pump up the economy like it did 15 years ago, during the global financial crisis.
- Plunging sales of new homes show China’s real estate crisis isn ... - CNN
Plunging sales of new homes and the reported cancellation of...
- China’s economy had a miserable year. 2024 might be even worse
The Chinese economy was expected to recover quickly in 2023...
- Plunging sales of new homes show China’s real estate crisis isn ... - CNN
Oct 4, 2022 · China's economy is slowing down as it adapts to a punishing zero-Covid strategy and weakening global demand.
Sep 28, 2023 · This includes the nightmare scenario of China's property crisis leading to a full-blown collapse in the Chinese economy, triggering financial meltdown around the world.
Dec 27, 2023 · The Chinese economy was expected to recover quickly in 2023 and resume its role as the undisputed engine of global growth. Instead, it stalled to the point where it’s being called a “drag” on world...
Dec 3, 2023 · The personal debt crisis follows a borrowing spree by Chinese consumers. Household debt as a percentage of gross domestic product almost doubled over the past decade to 64 per cent in September...
Mar 4, 2024 · C hina is in the midst of a profound economic crisis. Growth rates are flagging as an unsustainable mountain of debt piles up; China’s debt-to-GDP ratio reached a record 288% in 2023.
Oct 4, 2022 · In the aftermath of the 2008 global financial crisis, Beijing looked to local governments to reverse a precipitous slump in GDP growth.
