China posted stronger-than-expected growth in retail sales for October, signaling early success from its recent stimulus measures, even as its real estate sector continued to struggle....
Etiket: Real Estate Slump
China’s Economic Struggles Impact Golden Week Holiday Spending
China is bracing for a bustling Golden Week travel season, with the Ministry of Transport estimating 1.94 billion inter-city trips during the National Day holiday. This...
China’s Local Government Debt Problems Are a Hidden Drag on Economic Growth
China’s persistent consumption slowdown is increasingly linked to the country’s real estate slump, which has deep financial ties to local governments and their growing debt. Over...