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1 min read

The world's biggest steelmaker warns of a looming industry crisis that will outpace 2008's downturn

Baowu, the largest steelmaker, has warned that a "harsh winter" was coming for the industry that co…

Filip De Mott   


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3 mins read

It looks like the party's over for luxury goods in China

Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…

Grace Dean   


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2 mins read

China's property crisis could get even uglier. This time, a state-backed developer is the one raising concerns.

China's years-long real-estate debt crisis has already taken down property giant Evergrande, which …

Huileng Tan   


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1 min read

China is likely headed for a full-blown financial crisis as its economy is due for wilder swings, market expert says

China's property sector debt limits Beijing's options economic support, and could indicate a coming…

Filip De Mott   


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2 mins read

The 2008 housing bust suggests China's only halfway through its property crisis. Here's how the downturns compare.

Once a crash begins, it tends to last a long time, and Goldman Sachs forecasts China's current real…

Phil Rosen   


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2 mins read

Evergrande's bankruptcy signals beginning of China's real estate crisis: Experts

The filing for bankruptcy by Evergrande, Chinese real estate giant signals the beginning of Beijing…

ANI   


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4 mins read

Retiring at 50 has long been a guarantee for parts of China's working class — until now

Women in China's working class get to retire at 50 and collect pension checks, but the country is r…

Matthew Loh   


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2 mins read

China released a 22,000-character plan for its economy that doesn't say very much

David Lubin, a senior research fellow of global economy and finance at Chatham House, said the plen…

Huileng Tan   


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3 mins read

Efficiency helped turn Silicon Valley around. China is taking it to the extreme to do the same.

After Silicon Valley bosses mounted a turnaround by putting pressure on workers, China's tech bosse…

Hasan Chowdhury   


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5 mins read

China's EV market could soon face a brutal reckoning

A recent report that despite EV adoption in China being expected to grow this year, there are still…

Tom Carter   


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3 mins read

China's city dwellers will soon have more pets than toddlers, and there's 1 way investors can cash in on the trend, Goldman Sachs says

China will have more than 70 million urban pets and less than 40 million children under the age of …

Kwan Wei Kevin Tan,Aditi Bhar…   


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2 mins read

These financial market signals are telling a different story about China's economy

"The curious thing, though, is that such doom and gloom is not reflected in what the market is sign…

Filip De Mott   


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2 mins read

Beijing is making its biggest move yet to patch up the property crisis threatening to blow up China's economy

For the first time, Beijing may let may let banks offer unsecured short-term loans to the 50 develo…

Huileng Tan   


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2 mins read

Global recession and financial crisis could hit if the Israel-Hamas war pulls in the US and Iran, Wall Street veteran says

The US economy faces a raft of risks including escalating wars, surging oil prices, slumping consum…

Theron Mohamed   


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3 mins read

Putin is putting his bromance with Xi on full display — but China has reason to be wary

China's leader is facing growing pressure over his support for Russia's isolated president.

Tom Porter   


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1 min read

China's house-price slump drags on as Beijing battles to shore up the country's crisis-hit property sector

The world's second-largest economy is grappling with a property crisis that's threatened to drag gr…

George Glover   


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2 mins read

The yen weakening to 150 against the dollar could spark a financial crisis in Asia, famed economist Jim O'Neill says

China will see more yen weakness as an "unfair competitive advantage," Jim O'Neill told Bloomberg 2…

Carla Mozée   


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1 min read

China vows to support yuan through crisis, bouncing the embattled currency from a 16-year low

The People's Bank of China issued a stark warning to traders speculating against the note, sending …

Joseph Wilkins   


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2 mins read

China's real-estate slump is about to get worse

Property sales and housing starts have collapsed, and Beijing may not be able to prop up constructi…

Phil Rosen