China Economy

China’s economy is ‘in deep trouble’ as Xi heads for next decade in power

Hong Kong CNN Business — When Xi Jinping came to power a decade ago, China had just overtaken Japan to become the world’s second largest economy. It has grown at a phenomenal pace since then. With an average annual growth rate of 6.7% since 2012, China has seen one of the fastest sustained expansions for …

The post China’s economy is ‘in deep trouble’ as Xi heads for next decade in power appeared first on Egypt Independent.

Egypt Independent October 16, 2022

China’s economy just had its best month since February

Hong Kong (CNN Business) – China’s huge manufacturing and service industries just saw their first month of growth since February, according to surveys published Thursday, as Covid restrictions were eased in many cities. But the shadow of further lockdowns still looms over the world’s second biggest economy as Beijing sends mixed messages about the best …

The post China’s economy just had its best month since February appeared first on Egypt Independent.

Egypt Independent July 3, 2022