Tag: China
Can the IMF solve the poor world’s debt crisis?
It is now four years since the first poor countries were plunged into default because of spiralling costs from covid-19 spending and investors...
China’s better economic growth hides reasons to worry
When China’s leaders set an economic-growth target of “around” 5% for this year, the goal was widely agreed to be ambitious. Now the...
What China’s central bank and Costco shoppers have in common
Hint: it is not a fondness for cryptocurrencies
China’s state is eating the private property market
At an upmarket housing development in Wuhan, sales agents want to make clear that their state-owned firm has severed all its ties to...
Would America dare to bring down a Chinese bank?
If any politician has the demeanour to ease tensions with Beijing, it is Janet Yellen. America’s treasury secretary comes across as a twinkly...
How Xi Jinping plans to overtake America
Last year Xi Jinping, China’s president, paid a visit to Heilongjiang in the country’s north-east. This province, part of the industrial rustbelt, exemplifies...
China’s banks have a bad-debt problem
Bank of Jiujiang, a mid-tier lender from a southern Chinese river town, imparted some bad news on March 19th. In a rare disclosure,...
How China, Russia and Iran are forging closer ties
Vladimir Putin, Russia’s president, and Ebrahim Raisi, his Iranian counterpart, have several things in common. Both belong to a tiny group of leaders...
China is churning out solar panels—and upsetting sand markets
Sand is everywhere. Yet only a certain sort can be used to make the ultra-clear glass required for smartphones and solar panels. It...