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Chinese industrial profits climb while PBOC vows support

August 2023 witnessed the first increase in Chinese industrial profits since the latter part of the previous year....
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Worst capital outflow from China pressures the weak yuan

If the yuan continues to weaken, will China lose its appeal as an economic powerhouse?...
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Sunac China Holdings files for bankruptcy protection

Sunac China Holdings received creditors' approval for a $9 bn offshore debt restructuring before filing for Chapter 15 bankruptcy protection...
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How soon can Beijing alleviate China’s local debt cris...

China's local government debt crisis is worsening as LGFV debt burden collectively reached $8 tn, as per S&P....
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China’s income inequality surges to all-time high

In China, the top 1% of the population currently commands a staggering 31% share of the nation's total household assets....

China’s CPI declines for first time since 2021

Declining CPI and PPI are highlighting the challenges the Chinese economy is facing....