Category: News

While China’s economic landscape appears bleak, with multiple sectors facing significant challenges, there are pockets of resilience and growth within the economy, highlighting a phenomenon of a “two-speed economy.” Diverse Economic Realities China’s economy is grappling with various issues, including sluggish GDP growth, declining birth rates, and soaring youth unemployment. Financial markets are turbulent, the...

China’s exports to Mexico have experienced a significant surge, raising eyebrows and prompting speculation about potential motives behind this trend. Unprecedented Growth Data from Container Trades Statistics revealed a remarkable increase of nearly 60% in container shipments from China to Mexico in January compared to the previous year. This surge follows a substantial 35% year-on-year...

China’s decision to cancel Premier Li Qiang’s annual press conference following the parliamentary session has raised eyebrows, especially amidst the country’s economic challenges. Absence of Insight Opportunity Typically, the press conference offers a rare chance for journalists to gain insight into China’s economic policies and performance directly from the country’s leadership. However, this year’s cancellation...

China has set ambitious growth targets for 2024, aiming for around 5% economic growth despite significant challenges. Premier Li Qiang announced this target at the annual meeting of the National People’s Congress, acknowledging the difficulties ahead. Targeting Growth Amidst Challenges The target of approximately 5% growth comes at a time when China is grappling with...

Amidst concerns about China’s economic trajectory, analysts warn of a potential “lost decade” akin to Japan’s economic stagnation in the 1990s if significant reforms are not undertaken. Rory Green, Chief China Economist at GlobalData.TS Lombard, highlights the pressing need for reforms to avoid such a scenario. The Risk of Stagnation Green cautions that China’s economy...