(28.09.2021)
Also on Friday there were reports that power rationing and forced halts to factory production in China were widening – there were power curbs in 10 out of 23 provinces amid electricity supply issues and a push to enforce environmental regulations.
(30.09.2021)
Alongside tough measures to rein in the property market, the latest developments have led economists to pare back full-year growth predictions below 8% and warn that Beijing could be willing to tolerate a sharper slowdown as it tries to reform its economic model.
(17.09.2021)
Although there may be some parallels, the more extreme prophecies of doom for China may be no more correct than the assumption that Beijing will simply step in and bail out Evergrande to make sure the fallout from the failure of a property giant does not spread to other areas of the Chinese economy.