Dentons’ decision to quit the country and new investment limits by the Biden administration underscore the growing challenges facing Western companies there.
Tag: China
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Deflation Becomes a Threat to China’s Economy
A deepening slowdown in the world’s second-biggest economy has now raised fears of deflation, which could be crippling for heavily indebted China.
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Country Garden Is Latest Property Giant in China to Run Into Trouble
Country Garden, China’s last big property developer to avoid default, has spooked investors after missing key debt payments, rekindling memories of China Evergrande.
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Biden to Restrict Investments in China, Citing National Security Threats
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
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China’s Exports Fall Again, Imperiling Its Economic Recovery
Shipments to trading partners slid 14.5 percent in July from the year before, the biggest decline since February 2020, adding to the pressure on Chinese authorities trying to rekindle growth.