China's Xi to meet foreign business leaders amid jitters over economy | Business and Economy News
Apple CEO Tim Cook among executives expected to attend meeting, according to Wall Street Journal report.
Source: aljazeera.com
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China replaces head of market regulator
Beijing has removed the powerful Communist party boss and chair of its securities regulator as authorities battle plunging confidence in Chinese stock markets, reports the Financial Times. The Communist party’s central committee replaced Yi Huiman with Wu Qing, a senior official who made a name for himself cracking down on brokerages, as China Securities Regulatory…
Source: chinaeconomicreview.com
China's economy faces 'critical year' to dispel deflation
Beijing has exceeded its growth target for 2023, but the outlook is tougher as consumers remain cautious.
Source: afr.com
After bumpy recovery, China's economy faces serious headwinds in 2024 | Business and Economy
The world’s second-largest economy is heading into 2024 on a precarious footing amid deep-seated structural issues.
Source: aljazeera.com
Chinese slowdown: China struggles to spend its way out of economic crisis
Falling tax revenue and high local debt cast doubt on how much budgetary firepower Beijing really has.
Source: afr.com