China’s push for self-sufficiency in a wide range of industries is dividing foreign companies, with some welcoming it as another chance to invest there while others worry that it will […]
Economic Conditions and Trends
Trending topics and news from the Economic Conditions and Trends category
Back to news homeBeyond Evergrande’s Troubles, a Slowing Chinese Economy
BEIJING — Global markets have watched anxiously as a huge and deeply indebted Chinese property company flirts with default, fearing that any collapse could ripple through the international financial system.China […]
Uneven Global Vaccination Threatens Economic Rebound, O.E.C.D. Warns
China, the world’s second-biggest economy, was forecast to grow 8.5 percent this year, before slowing to a 5.8 percent pace in 2022. Asked about the impact from the potential collapse […]
As Germany Election Nears, Merkel Leaves a Strong But Vulnerable Economy
Ms. Merkel’s supporters say that she has helped the German economy dodge some bullets. Her sharp political instincts proved valuable during a eurozone debt crisis that began in 2010 and […]
China Evergrande Warns of Financial Pressure, Hires Advisers
China Evergrande, the troubled property giant that has become a symbol of debt and excess in the world’s second-largest economy, said on Tuesday that it faced “tremendous” financial pressure and […]
Can a Green-Economy Boom Town Be Built to Last?
When the plant scaled back production in the 2000s and closed in 2015, around the time of white-collar job cuts, Normal felt the pinch. Suppliers decamped, and many workers left […]
‘Reversing Gears’: China Increasingly Rejects English, and the World
As a student at Peking University law school in 1978, Li Keqiang kept both pockets of his jacket stuffed with handwritten paper slips. An English word was written on one […]
The Delta Variant and China’s Need to Change Its Covid-19 Policy
“How lucky I was born in China,” a young Chinese scholar declared last month in his WeChat. He was proud: Following the worst domestic Covid-19 outbreak since Wuhan, China had […]
In Global First, El Salvador Adopts Bitcoin as Currency
MEXICO CITY — El Salvador on Tuesday became the first country to adopt Bitcoin as legal tender, allowing the cryptocurrency to be used in any transaction, from buying a cup […]
China’s Xi Pressures Tycoons With ‘Common Prosperity’ Talk
Four decades ago, Deng Xiaoping declared that China would “let some people get rich first” in its race for growth. Now, Xi Jinping has put China’s tycoons on notice that […]