Chinese economy

Chinese State Councilor and Secretary-General of the State Council Xiao Jie bows to delegates before delivering a speech during the second plenary session of the National People's Congress at the Great Hall of the People in Beijing on Tuesday.

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China is restructuring key government agencies to outcompete rivals in tech

10:12am March 07, 2023

by Emily Feng

China is proposing to overhaul its science, technology and finance regulators as part of a stiff competition with rivals while also tamping down risk at home.

A man uses his smartphone flashlight to light up his bowl of noodles as he eats breakfast at a restaurant during a blackout in Shenyang, in northeastern China's Liaoning province, Wednesday. People ate breakfast by flashlight and shopkeepers used portable

Why China has to ration electricity and how that could affect everyone

3:26pm October 01, 2021

by Emily Feng

China has more than enough capacity to generate energy. Here's why it is having to ration power, causing effects for consumers and supply chains around the world.

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A courier delivers goods at night on a street in Beijing in February.

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He Tried To Organize Workers In China's Gig Economy. Now He Faces 5 Years In Jail

6:08am April 13, 2021

by Emily Feng

The arrest of food delivery worker Chen Guojiang dealt a blow to nascent efforts to promote couriers' rights as they've gained broader public attention during the coronavirus pandemic.

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Seasonal agricultural workers plant peanuts next to wheat fields in China's Henan province. With tens of millions of urban and factory jobs lost, many of the newly unemployed have returned to their rural villages.

With China's Economy Battered By Pandemic, Millions Return To The Land For Work

11:47am June 08, 2020

Measures to mitigate the coronavirus pandemic have devastated China's economy, shutting factories and urban jobs that millions of migrant workers depend upon. Many now seek jobs in their villages.

A woman carries a baby born on China's National Day, Oct. 1, 2019, at a hospital in Chengdu, China. Experts say that once-strict government restrictions on births is likely to place a burden on the country's economy.

In China, Birthrate Falls To Lowest Level In 70 Years

11:44am January 17, 2020

by Scott Neuman

Last year, there were 10.48 births per 1,000 people — the lowest since the country was founded in 1949. Beijing also said its economy cooled to the slowest pace in nearly three decades.

Chinese honor guards stand in formation during the lowering of the national flag in front of Tiananmen Gate in Beijing on Monday, one day before the 70th anniversary of the founding of the People's Republic of China.

Communist China Turns 70. Who Shares Its Economic Growth?

7:36pm October 01, 2019

Hundreds of millions have climbed out of poverty, but an equality gap has widened. Seventy years after Mao's revolution, many Chinese people reflect on their own stories of struggle and mobility.

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U.S. Trade Representative Robert Lighthizer (center left) shakes hands with Chinese Vice Premier Liu He at a conference center in Shanghai on July 31. Trade talks are expected to resume in September.

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China's Leaders Are Divided Over Trade War With U.S.

5:31pm August 26, 2019

Various government factions want to take different tacks toward the trade war. Some argue for cutting a deal quickly to save the economy, while others call for a war of attrition with President Trump.

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A Chinese national flag flutters in front of the People's Bank of China, the country's central bank, in Beijing. The bank plans to launch a cryptocurrency.

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Facebook's Digital Money Plan Raises Stakes For China's Cryptocurrency Ambitions

8:46am July 31, 2019

by Emily Feng

Facebook's plans for a new digital currency have sent Chinese monetary officials scrambling. Since 2014, China's central bank has been looking into launching a cryptocurrency too.

A passenger vessel traveling down the Yangtze River stops at a dock in downtown Chongqing, China.

'The Economy Is Slipping': China's Slowdown Hits Former Boomtown

1:29pm May 21, 2019

by Rob Schmitz

Car production is shrinking in China's Chongqing, and auto workers struggle to transition.

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A worker helps load steel rods April 6, 2016, at a plant in Tangshan, in China's Hebei province. China's government plays a powerful role in how its businesses operate — giving them preferential treatment over their rivals.

China's Close Government-Business Ties Are A Key Challenge In U.S. Trade Talks

7:26am March 06, 2019

by Jim Zarroli

China's government plays a large, powerful role in how its businesses operate — giving them preferential treatment over their rivals. That's a big sticking point in U.S.-China trade talks.

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