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☆ Chinese consumer stocks to buy even if the overall market rally fades
▼ + stars: | 2024-05-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

It's now focused on finding industry leaders with high free cash flow. Hong Kong-based AlphaHill Capital is looking specifically for Chinese consumer names with free cash flow growth, said Siliang Jiang, the firm's partner and portfolio manager. Jiang expects the Chinese consumer will start to turn around in the second half of this year or next year. China's "Consumer Confidence Index (CCI) edged up in the past 9 months, despite falling property prices and fears of 'household balance sheet recession '. Two of their picks based on positive free cash flow are Li Auto and New Oriental Education .

Persons: Ding Wenjie, Ding, It's, Siliang Jiang, Jiang, Li, Liqian Ren, Ren, — CNBC's Michael Bloom Organizations: Citi, China Asset Management Co, CNBC, Investors, China Merchants Securities, Baidu, Bank of America, Li Auto, New Oriental, Speed Railway, WisdomTree, Reuters Locations: China, India, Hong Kong, Tencent, Beijing, Shanghai, Shanghai . State

☆ Don't rate Tesla's Full Self Driving too highly, tech investor says: 'By no means autonomous driving'
▼ + stars: | 2024-05-03 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

News of electric car giant Tesla's progress toward rolling out its advanced driver-assistance feature in China isn't as groundbreaking as investors are treating it, according to a top tech investor. Mark Hawtin, GAM Investment Management's investment director focused on investing in disruptive growth and technology stocks, told CNBC' "Squawk Box Europe" Thursday that such expectations were misleading — not least because Tesla's Full Self Driving service doesn't offer full autonomous driving. "We should say what they're doing — everyone's talking about this full self-driving capability," Hawtin told CNBC. On Monday, shares of Tesla rose sharply, notching their best day since March 2021, after it passed a significant milestone toward the launch of FSD in China. This raised expectations that Tesla's FSD would soon be available in China.

Persons: Mark Hawtin, Hawtin, Tesla, Elon Musk Organizations: Investment, CNBC Locations: China, U.S, China . Local, FSD

☆ Elon Musk says he picked Tesla robotaxi's August 8 launch date because it's a lucky number in China
▼ + stars: | 2024-04-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

The date, Elon Musk says, was chosen partly because it is a "lucky number in China." AdvertisementTesla CEO Elon Musk might've been hoping for some much-needed good fortune when he picked the robotaxi's projected August 8 launch date. "I did partly pick it because 8/8 is a lucky number in China!" The date, Musk added, was also chosen because it is the birthday of his triplets. Musk fathered the triplets — Kai, Saxon, and Damian — with his first wife, Justine Musk.

Persons: Tesla, Elon Musk, —, Elon Musk might've, Michel de Guilhermier, Musk, — Kai, Damian —, Justine Musk Organizations: Service Locations: China

☆ See the 10 types of new US Navy warships plagued by shipbuilding delays
▼ + stars: | 2024-04-17 | by ( Lauren Frias | ) www.businessinsider.com time to read: +2 min

The Navy attributed the delays to pandemic-related supply chain issues. AdvertisementAll of the US Navy's highly anticipated shipbuilding projects face yearslong delays, the service said earlier this month. The major delays come amid concerns that China is outpacing American shipbuilding and increasing its naval capabilities. The Navy secretary said he and his team were "floored" by US ally South Korea's shipbuilding capabilities. AdvertisementIn a February statement, the Navy recognized Korean and Japanese shipbuilding as an asset to the US as "China continues to aggressively pursue worldwide shipbuilding dominance."

Persons: —, Gerald R, Navy Carlos Del Toro, Del Toro Organizations: US, Navy, Service, aircraft, Air Space, US Department of Defense, Korean Locations: Virginia, China, American

☆ The Moscow-Beijing alliance is here to stay because partnering with China is the only way Putin can sustain his conflict with the West, think tank says
▼ + stars: | 2024-04-14 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

Russia's growing partnership with China isn't going to fade, a think-tank director said. The West should consider enforcing economic sanctions on China as well, he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In an op-ed for Foreign Affairs, the think-tank director pointed to Russia and China's economies becoming increasingly intertwined since Moscow began its invasion of Ukraine in 2022. The two nations scaled up their trade partnership to a record $240 billion last year, partly because China has snapped up key Russian commodities while the West has shunned trade with Moscow.

Persons: China isn't, Putin, —, Vladimir Putin, Alexander Gabuev Organizations: Service, Carnegie Russia Eurasia Center, Foreign Affairs, Business Locations: China, Beijing, Russia, Moscow, Ukraine

☆ China keeps on finding ways to hurt USA Inc
▼ + stars: | 2024-03-18 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Beijing has asked domestic EV companies to ramp up spending with local chip makers, per Bloomberg. It has bruised Tesla too, as it battles for market share with domestic EV makers competing on price. AdvertisementApple, for instance, generated almost 20% of its revenue from sales in China last year. Nvidia reported $10.3 billion in revenue from China for its last fiscal year, up from $5.8 billion the year prior. Chinese EV makers like BYD are being asked to buy chips locally instead of from US firms.

Persons: —, Tesla, BYD, Orin, Fabrice Coffrini Organizations: Bloomberg, Service, China's Ministry of Industry, Information Technology, Huawei, Publishing, Getty, Nvidia Locations: China, Beijing, BYD, Hangzhou, chipmakers, Chinese, AFP

☆ China's latest market crackdown shows it hasn't learned any lessons
▼ + stars: | 2024-02-26 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

China has curbed short selling and quant trading activities to support its flailing stock markets. AdvertisementBeijing is now trying to support the flailing Chinese stock markets by pulling a familiar move — cracking down on private sector activities. Remember — China's recent private sector enterprise crackdown wiped out over a trillion dollars from its tech sector alone and spooked entrepreneurs. China isn't the first to curb stock market activities — the US also cracked down on short-selling during the 2008 financial crisis. China's securities regulator said on Thursday it wasn't trying to interfere with trading activities, but will crackdown on "illegal activities" that disrupt market order.

Persons: —, They're, George Boubouras, isn't, Eswar Prasad Organizations: Service, Bloomberg, Asset Management, China isn't, Cornell University, International Monetary Fund, Nikkei Locations: China, Beijing, Hong, Melbourne

☆ Here are 10 undervalued stocks in our portfolio despite some of them around record highs
▼ + stars: | 2024-02-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +16 min

The PEG ratio, another valuation tool, starts with the price-to-earnings ratio and divides the P/E by estimated earnings growth. A good PEG ratio is 1 or lower. There is a major consideration when analyzing five-year valuation average comparisons: interest rates. The company's P/E ratio of 21.5 times is about 20% cheaper than peers and below its historical average of 29.6. Honeywell Price-to-earnings ratio (P/E): 19.4 P/E vs. peers: 10% cheaper P/E-to-growth ratio (PEG): 2.3 We like how Honeywell 's stock is valued post-earnings .

Persons: Bard, it's, Pacifico, Jim Cramer, Disney Price, Nelson Peltz, Jim, Peltz, Bob Iger, Honeywell Price, Nvidia Price, Nvidia's, Salesforce Price, we're, Wells Fargo, Charlie Scharf, Wynn, WYNN, Jim Cramer's, NVDA, New York Stock Exchange Michael Nagle Organizations: Apple, Microsoft, Meta, Nvidia, Google, Gemini, Amazon, Services, Constellation Brands, Modelo, Beer, Constellation, . Management, Disney, Management, Honeywell, Aerospace, Productivity Solutions, Starbucks, Wells, Silicon Valley Bank, Wynn Resorts EV, Wynn Resorts, Boston, WYNN, CNBC, New York Stock Exchange, Bloomberg, Getty Locations: FactSet, Corona, China, Israel, Wells Fargo Price, Wells Fargo, Silicon, Macao, Las Vegas

☆ Markets: China isn't 'following the script' of the West, investment firm says
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets: China isn't 'following the script' of the West, investment firm saysMark Tinker, chief investment officer and managing director at ToscaFund Hong Kong, says the West "spent years assuming that China was just another emerging market."

Persons: Mark Tinker Organizations: Markets Locations: China, ToscaFund Hong Kong

☆ A retired admiral says the US needs to start building boats fast because China's going to outpace the US Navy in no time
▼ + stars: | 2024-01-29 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

The US Navy needs more ships to match up to China, says retired US Navy Adm. James Stavridis. China has the world's largest navy, with over 355 vessels in its fleet. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US is going to have to expand its Navy and get more boats if it wants to keep pace with China's forces, says retired US Navy Adm. James Stavridis. China has the world's largest navy, with over 355 vessels in its fleet, per a 2021 US Navy Institute report.

Persons: James Stavridis, Stavridis, —, John Catsimatidis, Michael Medved, they're Organizations: US Navy, US, Service, Navy, US Navy Institute, Center for Strategic, International, US Pacific Fleet, NATO, Business Insider Locations: China, NATO, Japan, South Korea, Philippines, Australia, New Zealand

☆ Mizuho says China's recent policy support is driven by its desire for social stability
▼ + stars: | 2024-01-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMizuho says China's recent policy support is driven by its desire for social stabilityChina isn't boosting the stock market for its own sake, says Vishnu Varathan of Mizuho Bank.

Persons: Vishnu Organizations: Mizuho, Mizuho Bank Locations: China

☆ China's defense ministry rips NATO and says it's 'like a walking war machine'
▼ + stars: | 2024-01-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

China's defense ministry called NATO "a walking war machine." AdvertisementChina's defense ministry has accused NATO of being a warmonger. "It's fair to say NATO is like a walking war machine, wherever it goes, there will be instability," defense ministry spokesperson Wu Qian said of the military alliance during a press conference in Beijing on Thursday. Wu's comments came in response to journalists' questions about NATO's ongoing military exercise, Steadfast Defender 2024. "NATO is a military organization, the issue of our relationship with China isn't just a military issue," Macron said after a NATO meeting in 2021.

Persons: Wu Qian didn't, —, Wu Qian, Wu's, Wu, Emmanuel Macron, Macron, China isn't Organizations: NATO, Service, Asia, China, Business Insider Locations: Japan, South Korea, Beijing, China, Asia, Atlantic

☆ Taiwan says China is still sending balloons to the island, which it calls an act of 'cognitive warfare'
▼ + stars: | 2024-01-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Read previewChina isn't letting up on its deluge of balloons on Taiwan, sending over another six high-altitude balloons on Sunday, according to the island's defense ministry. But Taiwan said on January 6 that China is using the balloons in a campaign of harassment. Tensions between Taiwan and China are growing as William Lai Ching-te was elected president of the island on January 13. Lai's party, the Democratic Progressive Party, has long campaigned on resisting China and preparing for the threat of war. AdvertisementChina's foreign ministry did not immediately respond to a request for comment from BI.

Persons: —, China hasn't, Axios, it's, William Lai Ching, te Organizations: Service, Business, Taiwanese Defense Ministry, People's Liberation Army, Pentagon, Democratic Progressive Party Locations: China, Taiwan, Pingtung City, Taipei, Washington, Beijing, South Carolina

☆ Why China hates the new president of Taiwan
▼ + stars: | 2024-01-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

"Lai Ching-te clings stubbornly to the separatist position for 'Taiwan independence.' A matter of Taiwan's independenceIn 2017, while he was premier, Lai referred to himself as a "pragmatic worker for 'Taiwan independence.'" AdvertisementLai has pledged to maintain status quo and stability in Taiwan, but China isn't backing down on its stance either. "I think China hates him, really hates him," Wu Xinbo, an international relations professor at Shanghai's Fudan University, told Reuters, referring to Lai. "It is because if he is elected as the leader of Taiwan, he may come to advance his goal of Taiwan independence, which will provoke a crisis across the Taiwan Strait," added Wu.

Persons: William Lai Ching, Taiwan's, Lai, —, Wiliam Lai Ching, Lai Ching, Xi Jinping, Wu Xinbo, Wu, Wang Yi, Jeremy Mark, William Lai, Chong Ja Ian, Chong, Tsai Ing Organizations: Democratic Progressive Party, Service, China's Taiwan Affairs Office, Chinese Communist Party, Shanghai's Fudan University, Reuters, Analysts, Lai's, Atlantic Council, Eurasia Group, KMT, National University of Singapore, Carnegie China, Channel News Asia Locations: China, Beijing, Taiwan, South America, Taiwan Strait, Taiwan's

☆ Jamie Dimon says he's not afraid of China, which has managed to piss off all its neighbors and has 'terrible demographics'
▼ + stars: | 2023-11-30 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

JPMorgan Chase CEO Jamie Dimon says he isn't afraid of China. Dimon said the US has many strengths over China, better relations with it neighbors. AdvertisementOn Wednesday, JPMorgan Chase CEO Jamie Dimon listed out various ways in which he says the US is ahead of China. "I'm not afraid of China," Dimon said at The New York Times DealBook Summit. While JPMorgan has been expanding its footprint in China, Dimon said the bank would exit the market if US authorities him to.

Persons: Jamie Dimon, Dimon, —, I'm, Andrew Ross Sorkin's, We've, Russia —, China's Organizations: JPMorgan, Service, The New York Times DealBook Locations: China, Beijing, Mexico, Canada, Japan, Philippines, India, Russia

☆ China isn't a country that will grow at a rapid pace anytime soon: Rockefeller's Ruchir Sharma
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina isn't a country that will grow at a rapid pace anytime soon: Rockefeller's Ruchir SharmaRuchir Sharma, Rockefeller International chairman, joins 'Squawk on the Street' to discuss Sharma's thoughts on China's economic challenges, why Xi Jinping didn't make a more overt attempt to woo business back to China, and much more.

Persons: Rockefeller's Ruchir Sharma Ruchir Sharma, Xi Organizations: China, Rockefeller International Locations: China

☆ The US economy is surging – but problems elsewhere could still torpedo profits for big companies like Apple and Tesla
▼ + stars: | 2023-11-01 | by ( Huileng Tan | George Glover | ) www.businessinsider.com time to read: +6 min

The US economy is surging, with growth coming in at a hotter-than-expected 4.9% for the third quarter. But problems elsewhere could still be bad news for big US companies, including Apple and Tesla. China's slowing economy and the war between Israel and Hamas are both potential headwinds, according to analysts. AdvertisementAdvertisementThe China challengeThat's bad news for mega-cap US firms such as Apple and Tesla, which count the Asian nation as a major market. On balance, risks to global growth continue to be skewed to the downside," the International Monetary Fund said in its Global Financial Stability report published last month.

Persons: —, Ukraine — that's, headwinds, Goldman Sachs, GfK, Michael Field, it's, Tom Donilon, Susan Li, Li Organizations: Apple, Service, Nvidia, Intel, Nike, China —, Morningstar Research, stoke, of America, DuPont, Procter, Gamble, International Monetary Fund Locations: Israel, China, Ukraine, Beijing, BlackRock, Iran

☆ With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
▼ + stars: | 2023-10-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

UK has second-biggest number of top fintech firmsThe U.S. was home to 65 of the top fintech companies, according to CNBC's list of world's top 200 fintech companies. In the U.S., some of the top global fintech companies on Statista's list include names like Stripe, PayPal and Intuit . Stateside, meanwhile, the largest fintech unicorns are Stripe ($95 billion), Chime ($25 billion), Ripple ($15 billion), Plaid ($13.5 billion), Devoted Health ($12.6 billion, and Brex ($12.3 billion). Other leading ecosystems for fintech unicorns include India, on 17 unicorns, and China, on eight. Standing in 8th place is Mexico, with five fintech unicorns, Singapore, also with five, and the Netherlands, which has four in total.

Persons: Ed Jones, Starling, Tencent, Statista, Andreessen Horowitz, Wise, Vlad Tenev, Group's, —, Nick Parmenter Organizations: AFP, Getty, CNBC, Statista, Ant Group, Plaid, Visa, Mastercard, European Union, Apple, Google, Sequoia Capital, PayPal, Intuit, Financial, Authority, Consumers Locations: U.S, Beijing, China, Silicon, Europe, Ukraine, Covid, India, France, Brazil, Germany, Mexico, Singapore, Netherlands, Statista

☆ Investing in Space: How the Pentagon sizes up China’s military strength in space
▼ + stars: | 2023-10-26 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Coming in at a whopping 212 pages, the document represents the latest in-depth, albeit unclassified, view of China's military ambitions. The Pentagon highlighted that the space capabilities of the Chinese military, or PLA, are continuing to "mature rapidly" thanks to "significant economic and political resources to growing all aspects of its space program." China's PLA has a "Strategic Support Force," or SSF, under which is the "Space Systems Department", or SSD, that leads its military space operations. The Pentagon emphasized that most of those Chinese satellites can "support monitoring, tracking, and targeting of U.S. and allied forces worldwide, especially throughout the Indo-Pacific region."

Persons: CNBC's Michael Sheetz, landers, it's, Richard DalBello, China isn't Organizations: Taiyuan Satellite, CNBC's, Pentagon, PLA, Force, Systems Department, U.S, China, GPS, NASA Locations: Taiyuan, Shanxi Province, United States, Xi's, China, Namibia, Pakistan, Argentina, Kenya, U.S, Baku

☆ Is China really dumping Treasury bonds and sending yields higher? A former US official explains the mystery
▼ + stars: | 2023-10-06 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

China is not actually dumping its stockpile of US bonds, former Treasury official Brad Setser wrote. A large part of China's holdings are not accounted for in official US data, he said. While it has sold some Treasurys, Beijing has also bought up US debt in the form of agency bonds. Agency bonds are issued by government-sponsored enterprises, and some of the top issuers are US-backed firms like Fannie Mae and Freddie Mac. During 2022 and the first six months of 2023, China purchased over $100 billion agency debt and sold just $40 billion in Treasurys, he estimated.

Persons: Brad Setser, —, Torsten Sløk, Setser, Belgium's, China's, Fannie Mae, Freddie Mac Organizations: Treasury, Service, Council, Foreign Relations, Apollo, Treasury International Capital, Foreign, Administration of Foreign Exchange, Agency Locations: China, Beijing, Treasurys

☆ Exodus of capital from China signals 'seismic' change in global flows as investors grow wary of autocratic regimes
▼ + stars: | 2023-08-29 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

China's capital exodus is among the worst seen by emerging markets, said Robin Brooks, chief economist at IIF. That's as global investors have grown wary of autocratic regimes, he tweeted on Sunday. "The change in global capital flows is seismic. "But China has now seen consistent and large outflows for the past 18 months, as investors grow wary of autocracies." Global markets look at China in a new light," Brooks said in a separate X post.

Persons: Robin Brooks, Brooks, Ukraine that's, Adam Posen Organizations: IIF, Service, Institute of International Finance, hemorrhaging, CSI, Administration of Foreign Exchange, EPFR, Peterson Institute for International Economics, Foreign Affairs Locations: China, Wall, Silicon, Ukraine, outflows

☆ The US is quietly warning its Middle East partners about the cost of stocking up on Chinese-made weapons
▼ + stars: | 2023-08-17 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

Chinese arms sales in the Middle East have increased by 80% over the past decade, a result of Beijing's expanding relationships there and its willingness to deliver arms faster and with fewer stipulations than Washington. FAYEZ NURELDINE/AFP via Getty ImagesMiddle Eastern countries, led by the Arab Gulf states, have for decades been major buyers of US-made weapons. Chinese arms sales to the region are "substantial and expected to continue to increase," said Ahmed Aboudouh, an associate fellow at Chatham House. "But it's just one factor among many, including varying threat perceptions of Iran among the Arab Gulf states as well as varying levels of trust between the Arab Gulf governments themselves." Paul Iddon is a freelance journalist and columnist who writes about Middle East developments, military affairs, politics, and history.

Persons: Michael Kurilla, Kurilla, Loong, KARIM SAHIB, Colin Kahl, Biden, Kahl, We're, FAYEZ NURELDINE, Ahmed Aboudouh, Aboudouh, James Hodgman, Russia's, ANDREW CABALLERO, REYNOLDS, Emily Hawthorne, RANE, that's, Hawthorne, Abu Dhabi, Mohammed bin Zayed, Xi, ANDY WONG, Kahl's, Paul Iddon Organizations: Service, US Central Command, Senate Armed Services Committee, Dubai Airshow, Getty, Chatham House, Pentagon, Getty Images, United Arab Emirates, Patriot, Al Udeid, Base, US Air Force, Tech, Air Defense, Turkey, NATO, East, Khalifa, UAE, US, Abu Dhabi Crown, Gulf Cooperation Council Locations: China, Washington, Wall, Silicon, Beijing, AFP, British, Saudi, Riyadh, Saudi Arabia, Abu Dhabi, East, North Africa, Qatar, Russia, Europe, Gulf, UAE, Yemen, Ankara, Turkey, Prince, Xinhua, Khalifa, Abu, Arab Gulf, Iran

☆ CNBC Daily Open: Inflation and interest rates might go higher, warns the Fed
▼ + stars: | 2023-08-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The Fed's still worriedFederal Reserve officials are still worried that inflation could rise again, which would necessitate more interest rate hikes, according to minutes from the July meeting. Weaker demand from China caused exports to the country to plunge 13.4%, the eighth consecutive monthly decline. CNBC Pro analyzed sales data and came up with a list of companies that rely significantly on China for their venue.

Persons: Australia's, Li Qiang, Li, it's Organizations: CNBC, Federal, Federal Reserve, China's State, Export, CNBC Pro Locations: Asia, Pacific, China's, China, Japan

☆ China wants to keep Russia in a 'Goldilocks' state — not too strong and not too weak
▼ + stars: | 2023-08-14 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Some analysts have likened the relationship to the tale of "Goldilocks" in which a middle ground is sought, with China wanting its ally Russia to not be either too strong, where it could challenge Beijing, nor too weak where it leaves China ideologically isolated against the West. It could also be seen to embolden the West and cause political instability in Russia, essentially China's backyard. "China, like many Europeans, will also want to avoid a total collapse of Russia, with the nuclear proliferation risks that might pose. China is seen by international observers as being one of the few countries that could exert its influence on Russia in bringing about an end to the war in Ukraine. "There is no way actually for China to make Russia stronger without jeopardizing Chinese interests," he told CNBC.

Persons: Xi Jinping, Vladimir Putin, Alexei Druzhinin, Etienne Soula, Soula, Xie Huanchi Organizations: AFP, Getty, U.S ., Beijing, Alliance, Democracy, German Marshall Fund of, CNBC, Russia, Xinhua News Agency, Research Locations: Russia, U.S, Beijing, Moscow, Ukraine, China, United States, Asia, Kyiv

☆ China's economy is showing signs of serious trouble — and the problems are still mounting
▼ + stars: | 2023-08-12 | by ( Phil Rosen | ) www.businessinsider.com time to read: +9 min

Deflation — the trend of prices falling throughout the economy — presents a particularly dangerous trajectory for China, which carries a massive amount of debt. The main components of GDP on the demand side — consumption, investment, net exports — they all have serious problems right now." A shaky property marketMost of China's economic troubles tie directly into its property market. Roughly a quarter of China's population works in agriculture — well above the 3% mark in the US — and that presents its own productivity limitations. From an unstable, debt-ridden property market to anti-business policies and demographic issues, Beijing has plenty to tackle if it hopes to match the same growth as decades past.

Persons: David Dollar, Biden, Dexter Roberts, Roberts, Terry Group, it's, Xi Jinping Organizations: Service, China's National Bureau of Statistics, People's Bank of, Federal Reserve, Brookings, Bloomberg, JPMorgan, Financial Times, China's, Global, US Census Bureau, Atlantic Council, Communist Party, Garden Holdings, Beike Research Institute, Terry Locations: Beijing, Wall, Silicon, China, People's Bank of China, China's US, Western, Russia, Asia, Ukraine, Mexico, China cratered, Rocky

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