China’s economic output will lag behind the rest of Asia for the first time since 1990, according to new World Bank forecasts that highlight the damage wrought by zero-COVID policies and the... Read more
Goldman Sachs cut its 2023 economic growth forecast for China sharply, predicting Beijing will stick to its stringent COVID-Zero policies through at least the first quarter of next year, rep... Read more
China’s commercial hub of Shanghai on Tuesday announced eight infrastructure projects with total investment of RMB 1.8 trillion ($257 billion), after the city was hit hard by COVID-19... Read more
Huawei Technologies remained the country’s largest private-sector R&D spender, with a budget of RMB 142.7 billion ($20.5 billion), however, it lost the No. 1 spot in revenue te... Read more
China’s exports significantly missed expectations in August, with the country’s trade surplus shrinking as overseas demand flattened and a new wave of COVID-19 restrictions at home disrupted... Read more
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