China Economy

China's annual rate of GDP growth has slowed and stabilized at around 4 percent—far below the incredible growth the country has witnessed in recent years.

China might not overtake the U.S. as the world's largest economy "any time soon," an expert told Newsweek.

China has responded angrily to calls by a Congress committee for scrutiny of Chinese-made cellular internet modules embedded in U.S. smart devices

Former President Donald Trump lauded his economic record despite adding trillions to the national debt.

The collapse of Chinese developer Evergrande precipitated demolition orders in the country.

Investors appear to be concerned about Xi's precedent-breaking reappointment as China's leader.

Xi, who took power in 2012, was awarded a third five-year term as the ruling Communist Party's general secretary.

Chinese stakes in nearly 100 world ports raise questions over growing commercial and digital control, and opportunities for espionage and military activity

"U.S.-China relations rank as the top challenge for U.S. companies doing business in China," the U.S.-China Business Council said.

Newsweek dives into why Airbnb is closing its business in China. The company has officially announced it is shutting down operations in the country.

Though Bannon has constantly bashed China, that didn't stop him from going into business with the Chinese billionaire.

Brazil's $61 billion trade surplus in 2021 showed a moment of growth.

The removal of the comments and reviews happened two years ago and was prompted by a negative review.

Bloggers said that at some sites there's been "no construction for months" and in other areas where construction has begun "there are fewer than 10 workers."

The deal would have secured Evergrande with $2.6 billion ahead of a Saturday deadline marking the end of a 30-day grace period on its missed loan payment.

The delay comes as Evergrande nears the end of the 30-day grace period on a missed bond payment from September.

Scott Kennedy, trustee chair in Chinese business and economics at CSIS, said that trust hinges on the bank's intentions.

These meetings come as the company has missed three loan payments and oversees a number of unfinished developments.

The director of the financial markets department said the government would ensure individual house purchases were safe.

"It's one thing to say that the problem is controllable, it's another to control it," said Logan Wright of the Rhodium Group.

Evergrande's property management wing represented close to 3,000 properties and employed roughly 6,000 employees. Its sale will generate over $5 billion.

Under the transaction, the Chinese state becomes the largest shareholder of the bank that has suffered due to Evergrande's financial woes.

Business with Evergrande accounts for 90 percent of Guo Hui's business. Unpaid dues from the company have put his business on the verge of bankruptcy.

While Evergrande has not commented about the payments, foreign bondholders have announced that payments have not been received.

BlackRock acquired 31.3 million notes of Evergrande's debt between January and August of this year.

Questions remain over whether Evergrande was able to afford an $83 million debt payment due this Thursday. With 30 days remaining before the firm would default on such a payment, Beijing appears to be looking to prevent major fallout should a collapse occur.

"If any of these risks do materialize, we would be most concerned about the demand spillovers from a big decline in Chinese construction activity," Capital Economics writes.

He criticized China's economic expansion initiatives during a speech in Grand Rapids, Michigan, on Thursday.

The U.S. can use the Middle East to economically pivot away from China.

"Local police will assist in improving traffic in the area, in order to lessen the disturbance to our neighbors, and we have improved our internal guest flow system," Costco said in statement apologizing to shopper.