Central to China's growth model was the property sector — housing construction, land sales, and real estate investment. The consequences of that dependency are now becoming evident.
Beijing has lowered its official 2026 growth target to between 4.5% and 5%— its least ambitious goal since 1991 and a steep comedown from the double-digit expansion of past years.
Hu Xijin's now-deleted blog post implying push for 'private economy' in China had triggered backlash. He has now resurfaced after nearly 100 days of silence with a post on Weibo.
The broader initiative will enable all elderly people to engage in grassroots activity, from dispute mediation to health and fitness, Chinese civil affairs ministry said.
Survey of 35 countries shows divided opinions on China's role in global economy, environment, peace & stability. Globally, fewer people trust Chinese President Xi Jinping's leadership.
Manish Sabharwal blames regulatory hurdles, lack of human capital development, and failure to transition from farm to non-farm sectors for India’s slower economic growth compared to China.
Japan & UK released data showing that these economies have entered technical recession. Germany is also facing economic contraction in 2023. India's poised to be negatively affected.
China’s property sector is grappling with huge losses, manufacturing has been shrinking, and youth unemployment hit a record high in June. ‘Economy progressed too fast,’ expert says.
The appearance in US maps of Hodgson’s Line, joining NJ 9842 with the Karakoram Pass, sowed the seeds of Pakistan’s Siachen claim. Its correction by US agencies changed nothing.
Low salaries, little growth in corporate jobs and F&O losses, the assumptions that once built middle class security are no longer applicable to the emerging Indian economy.
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