A curious thing has been happening in China’s vast real estate market — or rather,not happening.
Beijing is hardly in a position to accuse anyone of unfair competition considering it’s blocked X,YouTube,Facebook,WhatsApp,Google and Instagram from operating within its borders.
Global greenhouse pollution hit a new record last year. That was almost entirely a China story.
President Xi Jinping has spent the past decade building the Chinese state around him and this week formally removed his final obstacle:the power of the State Council.
China Vanke is the latest property titan facing collapse. But while its embattled rivals have been left to flounder,Beijing has come rushing to its aid.
Western banks,their expat workers and foreign money are all taking flight from Hong Kong as Beijing tightens its grip on the region.
Premier Li Qiang has vowed to push ahead with transforming China’s economic growth model as he announced a new target of 5 per cent.
Yan Bingzhu,former top executive in the state-owned bank,is suspected of “seriously violating discipline and the law”.
This week we’ll have a clearer idea of whether Xi Jinping has a plan to deal with the myriad economic problems facing the country.
Chinese President Xi Jinping’s security crackdown has been paired with an ideological campaign to bring the People’s Republic back to its socialist roots ahead of the National People’s Congress.
Xi Jinping’s consolidation of power has cleared the path for him to put the economy on a more sustainable footing. But there’s a big problem.