China’s state owned banks’ risky credit practices endanger economic health, while their unprincipled business practices bring big profits, but harm customers and borrowers.
Apple has given in to political pressure from China, and promised to improve its customer service, after a series of vitriolic reports by state-run media.
Chinese local government debt is at a worryingly high level, according to economists.
A well-known economist in Hong Kong has said that China is quickly approaching an economic meltdown.
While the Party claims to be cracking down on corruption, there’s something a tad more fundamental that could cause bigger problems on the horizon.
The use of satellite navigation equipment by coke delivery trucks, a common industry practice, in China has triggered a national security issue.
Some Chinese couples are resorting to divorce in an attempt to avoid tough new tax laws on housing.
Investing over US$6 trillion over the next ten years to increase urbanization in China is being touted as a cure for the Chinese economy’s ills. Experts say the cure may be [...]
China’s broad money supply more than doubled in four years, reaching 97.42 trillion yuan (US$15.66 trillion) by the end of 2012, according to central bank figures. [...]
Illicit capital outflows in the trillions, fake foreign investment and real estate speculation fueled by corruption and money laundering have driven the Chinese economy to the [...]