China Business & Economy

China’s Debt Bubble in Perspective (Video)

A man points to the skyline of Xiamen, China, on Oct. 25, 2013. (Ed Jones/AFP/Getty Images)
A man points to the skyline of Xiamen, China, on Oct. 25, 2013. (Ed Jones/AFP/Getty Images)

How big is China’s bubble?  China appears to be in the late stages of a debt-fueled investment bubble. It’s not that we haven’t seen this...

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    Bad Loans Surge for China’s Banks During First Half

    China’s biggest banks reported a surge in soured and castoff loans in the first half of the year, as China’s slowing growth has taken a... Read more

  • The sales of high-end mooncakes dropped over 50 percent this year due to China’s anti-corruption campaign. (Screenshot/

    China’s Mooncakes the Latest Victim of Anti-Corruption Campaign

    The humble mooncake is an indispensable snack for one of China’s major traditional holidays, the Mid-Autumn Festival. But sales of the pastries have plummeted this... Read more

  • A man walks past a Microsoft sign outside a Microsoft office building in Beijing on July 31. Foreign business in China feel less welcomed, as Microsoft and many other U.S. companies are being targeted in anti-trust probes by Chinese authorities. (Greg Baker/AFP/Getty Images)

    AmCham Website Offline After Critical Business Survey on China

    A new survey from the American Chamber of Commerce (AmCham) shows U.S. companies face an increasingly hostile and less profitable environment in China. After the... Read more

  • A visitor walks past a design promoting the recently opened Shanghai Pilot Free-Trade Zone on Nov. 28, 2013. Chinese authorities said they will allow foreign-owned hospitals to operate in seven cities and provinces. (Peter Parks/AFP/Getty Images)

    China Opens Door to Foreign-Owned Hospitals

    A new pilot program being rolled out in China will allow foreign companies to run hospitals in seven cities and provinces, according to a notice... Read more

  • Jack Ma, founder and executive chairman of Alibaba Group, speaks to employees of the company during a group wedding in Hangzhou, east China, May 9, 2014. (AP Photo)

    Alibaba IPO: What Do You Get for Your Cash?

    Investors will likely hand over $20 billion to Chinese company Alibaba Group Holding Ltd. soon. But what will they get in return? The IPO launch... Read more

  • A Chinese construction worker pushes a load of concrete mix at the building site of a new apartment complex on Aug. 29, 2014 in Beijing, China. The deflating of the housing bubble is contributor to a decline in China's economic performance. (Kevin Frayer/Getty Images)

    China’s Economic Index Takes a Plunge

    China’s economic performance has taken a plunge this year, and it’s a sign of the end of China’s four-decade economic cycle, according to China economics... Read more

  • Cao Changqing, retired director of the Price Department at the Nation Development and Reform Commission (NDRC), was taken away for questioning in relation to a corruption investigation, Chinese media reported on Aug. 27. (Screenshot/

    Chinese Official in Charge of Prices Investigated for Corruption

    A former high-level official in charge of approving and monitoring prices of all manner of goods and services in China was recently put under investigation... Read more

  • Tai Yiu-ting calls on all Hong Kongers to vote in Occupy Central’s Civil Referendum on June 23, 2014. (Poon/Epoch Times)

    Protest Will Launch If Beijing’s Decision Displeases Hong Kongers

    HONG KONG—If Hong Kong democrats do not like the Chinese regime’s decision on universal suffrage for the city-state, the nonviolent Occupy Central movement will take... Read more

  • Victim depositors hoist a banner in front of the Bank of Xinxiang in Xinxiang City of Henan Province, in August. Zhang Li, a branch president at the bank, borrowed huge sums from depositors and committed suicide when the loans went bad. (Screenshot/

    Chinese Bank President Involved in Loan Sharking Kills Self

    Zhang Li, a branch president at the Bank of Xinxiang in China’s Henan Province, committed suicide last month after overseeing vast amounts of bad, possibly... Read more

  • Wang Zongnan of Shanghai Bright Food attending a meeting in Shanghai on July 30, 2012. Wang is one of many executives under investigation for corruption in China. (STR/AFP/Getty Images)

    Anti-Corruption Campaign Hits State Companies

    When China’s new Communist Party chief announced his intention to rid the Party of corruption shortly after taking office, no one expected the massive scope... Read more

  • A sign for Standard & Poor’s rating agency in front of the company’s headquarters in New York, Sept. 18, 2012. (AFP photo/Emmanuel Dunand)

    Political Split Could Be Bad News for Hong Kong’s Credit Rating

    HONG KONG—Standard & Poor’s recently affirmed Hong Kong’s AAA credit rating but said the firm may lower it if political tensions become bad enough to... Read more

  • A delivery courier checks the packages inside his three-wheeled vehicle in Beijing on Aug. 18, 2014. Foreign direct investment into China dropped by more than a sixth year-on-year in July, the government said on Aug. 18. (Wang Zhao/AFP/Getty Images)

    Foreign Direct Investment Into China Drops to Two-Year Low

    Foreign direct investment (FDI) into China in July was down 17 percent year-on-year, the lowest monthly figure in two years. Observers say China’s political and... Read more

  • Li Ka-shing, chairman of Cheung Kong Holdings Ltd., speaks at a press conference in Hong Kong, on March 29, 2012. (Antony Dickson/AFP/Getty Images)

    Two Real Estate Moguls Move Out of China

    When it comes to property investing in China Li Ka-shing and Wang Jianlin were ahead of the pack when the market moved up. Now they... Read more

  • A Chinese farmer makes his way into a dried-up well in Fuyuan, Yunnan Province on Feb. 20, 2012. (STR/AFP/Getty Images)

    China Suffers Drought, Water Shortage

    This summer has been one of the hottest in decades in Jilin Province, China, and several counties are facing the complete loss of their harvests... Read more

  • Chinese honeysuckle flowers are seen in a screenshot from A Chinese official at a provincial anti-corruption department charged leaders at the China Food and Drug Administration of corruption, claiming they profited off a change in the name of honeysuckle flowers, a Chinese medicine, grown in the south. (Epoch Times)

    Chinese Official Makes Stink Over Sweet-Smelling Herb

    An official in China’s south-central Hunan Province took matters into his own hands and used his microblog to report official corruption in China’s Food and... Read more

  • Since September of 2008 Chinese banks under the direct control of the Chinese regime pumped more than $16 trillion of credit into the economy.(WANG ZHAO/AFP/Getty Images)

    Weak Summer Data Confirms China Slowdown

    All of a sudden, everything is going down: Stocks, housing, commodity financing deals, economic growth. In China, debt expansion is the primary driver behind all... Read more