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China’s stock surge has echoes of the 2015 bubble. What’s different

A customer watches stock market at a stock exchange in Hangzhou, China, on September 27, 2024. Costfoto | Nurphoto | Getty ImagesBEIJING — The rocket higher in Chinese stocks so far looks different from the market bubble in 2015, analysts said.Major mainland China stock...

China’s top leaders call for halting real estate decline

Builders step up construction in Yuexi County, Anqing city, Anhui province, China, on Sept 25, 2024.Cfoto | Future Publishing | Getty ImagesBEIJING — China aims to stop the property slump, top leaders said Thursday in a readout of a high-level meeting published by...

China’s local government debt problems are a hidden drag on economic growth

Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6, 2024.Cfoto | Future Publishing | Getty ImagesBEIJING — China's persistent consumption slowdown traces back to the country's real estate slump, and its deep...

China’s retail sales and industrial data miss expectations in August

Pictured here is a shopping mall in Hangzhou, China, on Sept. 9, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — China's retail sales, industrial production and urban investment in August all grew slower than expected, according to National Bureau of Statistics data released Saturday.Retail sales rose by...

China’s plan to boost consumption by encouraging trade-ins has yet to show results

A banner plays up China's trade-in policy at a home goods expo in Qingdao, Shandong province, China, on June 1, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — China's plan to boost consumption by encouraging trade-ins has yet to show significant results, several businesses...

China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China

Kai-Fu Lee, chairman and chief executive officer of Sinovation Ventures, speaks during the HICOOL Global Entrepreneur Summit on September 11, 2021 in Beijing, China.  China News Service | China News Service | Getty ImagesBEIJING — Chinese artificial intelligence models may be at least half...