High unemployment, a housing market in crisis and sluggish consumer spending during lockdowns are putting pressure on Beijing in a year when officials are focused on projecting stability.
Tag Archives: National Bureau of Statistics (China)
China’s Economic Growth Slows Sharply as Covid Policy Takes Toll
The humming economy of last year has been replaced by high unemployment, a housing market in crisis and sluggish consumer spending.
China’s Economy Stumbles in the Fog of Covid War
Even if the country avoids new lockdowns of big cities, question marks over the pandemic and policy direction are dogging efforts to revive growth.
China’s Births Hit Historic Low, Barely Outpacing Death Rate
China’s population, the world’s largest at 1.4 billion, may soon start shrinking, according to new data. Some experts say it already has.
China’s Economy Slowed Late Last Year on Real Estate Troubles
Economic output climbed 4 percent in the last quarter, slowing from the July through September quarter. Growth has faltered lately as home buyers and consumers become cautious.
The Delta Variant and China’s Need to Change Its Covid-19 Policy
The benefits of the zero-infections policy have dropped in relation to the costs of implementation, and there are signs it is becoming counterproductive.
Once-a-Decade Census Shows an Aging, Better-Educated China
The country is locked in a demographic crisis. But the figures also showed rising education and urbanization levels.
With Covid-19 Under Control, China’s Economy Surges Ahead
Exports jumped and local governments engaged in a binge of debt-fueled construction projects. Even consumer spending is finally recovering.
China’s Economy Rebounds From Virus, but Uncertainty Persists
Heavy spending on roads and rail lines reversed the economy’s virus-induced nose-dive in February and March, but may be difficult to sustain, raising questions for global growth.