Consumer spending has finally collapsed in China
Booming exports fueled by state-funded subsidies are crashing into a domestic slump
Property Crash
Spending spotlight falls on China’s ‘shadow savers’
Fallout risks from weak domestic demand have dire consequences for an already fragile global economy
China’s Middle East building boom comes at a price
Cut-throat competition in Saudi Arabia and the UAE eats into ‘thin profit margins’ for Chinese companies
Chinese restaurants eaten alive by diner deflation
Lifespan of an ordinary eatery is ‘500 days’ as profits plunge by 88% in the first half of 2024