China’s economy is being distorted by fake figures
President Xi’s warning comes after ‘Beijing has massaged so many numbers that they lack shape or form’
President Xi’s warning comes after ‘Beijing has massaged so many numbers that they lack shape or form’
Crumbling confidence in the construction sector is just the tip of a gigantic iceberg of bad debt
Like everything else in Communist Party-run institutions, the economic line blurs between fact and fiction
Disappearing data is unlikely to pop up until after the 20th National Congress big bash in Beijing
Economic slowdown and the Covid-19 pandemic have wreaked havoc among young job seekers
President Xi’s government faces intense challenges in this new era of strategic competition
Bungled Covid-19 policies, banking scandals and a property crisis shatter the CCP’s myth of competency
Covid-19 lockdowns across the country have snuffed out business activity and fueled an unemployment crisis
A toxic dose of never-ending lockdowns triggers an economic meltdown as Beijing grapples with a raft of problems