Economy News China Bet It All On Real Estate Now Its Economy Is Paying The Price
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China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy
Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the all-important five-year plan. For the most part, these blueprints have been geared at ... Read More
China’s economy grows 4.8% in third quarter as expected, but investment sees 'rare and alarming' drop
Fixed-asset investment, which includes real estate, unexpectedly contracted 0.5% in the first nine months of the year as investment into infrastructure and manufacturing slowed. Read More
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