As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
Tag: China Economy
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Hong Kong Stocks Plunge to Losses for 4th Straight Year
Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world.
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China’s Property Crisis Blew Up Investments That Couldn’t Lose
Citic said its new fund was as safe as they come because it would invest in real estate. Then the developer defaulted and the projects stalled.
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How China Is Profiting From Trade With Russia
The country’s trade with Russia this year has exceeded $200 billion, and makers of cars and trucks are the big winners.
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Xi Jinping is Asserting Tighter Control of Finance in China
The Communist Party’s main theoretical journal has laid out a new ideological framework for the financial system that emphasizes the primacy of China’s top leader and Marxist principles.