Search results
Results from the WOW.Com Content Network
The new regulations affected Evergrande Group, China's second-largest property developer, and the Chinese real estate market as a whole. [5] In addition, the Chinese shadow banks, such as Sichuan Trust, have been greatly effected by the property sector crisis due to over lending and a crackdown on regulations. [6] [7]
Chinese researchers had mapped and fully sequenced COVID-19's genome by at least 28 December 2019, when Dr. Lili Ren, a virologist at the Chinese Academy of Medical Sciences & Peking Union Medical College in Beijing uploaded its sequence to the NIH GenBank. The submission was never publicly available after it failed to include technical, non ...
The Next Generation EU (NGEU) is a €750 billion economic recovery plan launched by the European Union in July 2020 in response to the economic challenges posed by the COVID-19 pandemic. [73] It aimed to mitigate the pandemic's immediate economic impacts and lay the groundwork for long-term recovery through investments in green energy, digital ...
After China's property market bubble burst a few years ago, consumers became reluctant to spend and signs of deflation began creeping in. But due in part to its disdain for "welfarism," China has ...
The Chinese economy was expected to recover quickly in 2023 and resume its role as the undisputed engine of global growth. Instead, it stalled to the point where it’s being called a “drag ...
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. After four miserable years, a ...
In 2022, Hong's reports covered sensitive issues in china such as U.S. delistings of Chinese companies, the China tech crackdown, the risk of capital flight from China and the economic impact of the COVID-19 lockdown in China. He outlined a worst-case scenario where the SSE Composite Index would drop below 3,000.
The old saying goes, “When America sneezes, the world catches a cold.” I certainly hope that’s not the same case with China.