Business Matters | Is China’s economy in the doldrums?

Business Matters | Is China’s economy in the doldrums?

A recent Bloomberg article had a headline that caught my eye: Wall Street Snubs China for India in a Historic Markets Shift. Often, but not always, stock market movements are indicative of what is happening in an economy. In today’s episode, let’s see what has been happening in China on various economic fronts.  Chinese stock … Read more

Even China’s 1.4 bln population can’t fill all its vacant homes: Former official

Even China’s 1.4 bln population can’t fill all its vacant homes: Former official

BEIJING: Even China’s population of 1.4 billion would not be enough to fill all the empty apartments littered across the country, a former official said on Saturday, in a rare public critique of the country’s crisis-hit property market. China’s property sector, once the pillar of the economy, has slumped since 2021 when real estate giant … Read more