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Search resuls for: "Beijing hasn't"


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China's economy has struggled to regain post-pandemic traction. But Beijing hasn't conceded its economy is in trouble, which could be holding it back from fixing structural issues, says the Rhodium Group. Rhodium Group's researchers aren't quite sure about the rosy narrative of China's economy, calling it a "politicized picture of economic activity." After all, China's economy struggled to regain traction after a brief spurt post-pandemic, disappointing investors. By the second half of the year, confidence had broken down entirely," wrote the Rhodium Group researchers.
Persons: underscoring, Beijing hasn't, , Daniel H, Rosen, Rachel Lietzow, Lietzow, Xi Jinping, haven't Organizations: Stock, Beijing, Service, White, National Economic Council, National Security Council Locations: China, New York, Beijing
China's sputtering growth and property market hurdles have led to comparisons with Japan's troubles in the 1990s. But key differences remain and China's economy isn't yet at the level of Japan's crisis 30 years ago. China's National Bureau of Statistics reported that the consumer price index dropped 0.3% annually in July, tipping the economy into deflation and fueling reminiscences of Japan in the early 1990s. Only this year have Japan's stock markets returned within range of the highs seen in 1990. Real estate prices in Japan fell about two-thirds, and the stock market still has never got back to where it was in 1989.
Persons: David Dollar Organizations: JPMorgan, Service, China's National Bureau of Statistics, Financial Times, Nikkei, Brookings Institute, Brookings Locations: China, Wall, Silicon, Beijing, Japan, 1Q23, Tokyo, United States, Real
The Russian military relies on artillery to compensate for other battlefield shortcomings. But its heavy use of artillery in Ukraine could outstrip its ability to make new shells and cannons. The commander of Russia's 58th Army in Ukraine was recently relieved after complaining about the state of Russian artillery, including "the lack of counter-battery fire" and "lack of artillery reconnaissance stations." Chinese artillery troops during a live-fire test in Anhui Province in October 2021. Chinese support could mean the difference between victory and defeat for Russia, but salvation from Beijing may be a long time coming.
Persons: Mao, ANDREY KRONBERG, People's Liberation Army —, China's, Vladimir Putin, Xi Jinping, Dmitri Lovetsky, Xi, Beijing hasn't Organizations: Service, War, Artillery, Royal United Services Institute, Getty, Army, Russia, Publishing, People's Liberation Army, Foreign Ministry, Ukraine, Reuters, China's Locations: Ukraine, Russia, Wall, Silicon, Kyiv, Iran, North Korea, China, British, Volgograd, AFP, Moscow, Anhui Province, St . Petersburg, Beijing, Western, Taiwan, Europe, cynically, Central Asia
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