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Updated : 5 months, 3 weeks ago IST
Beijing [China], October 9 (ANI): Across much of the developing world, China finds itself in an uncomfortable position as the world's debt collector amid rising inflation and a weakening global economy.
Updated : 6 months ago IST
Beijing [China], September 29 (ANI): The World Bank on Tuesday slashed China's 2022 economic growth projection to 2.8 per cent, pointing to Beijing's "zero-COVID" policy and housing market crisis.
Updated : 7 months, 4 weeks ago IST
Beijing [China], August 2 (ANI): Chinese banks might lose over USD 300 billion as the country continues to grapple with an economic slowdown and a housing crisis increasing the lack of confidence in the financial system among citizens.
Updated : 8 months ago IST
Beijing [China], July 27 (ANI): China is currently grappling with an economic slowdown along with a housing crisis as numerous Chinese citizens are boycotting mortgages because they are not getting possession of their accommodation units on time.