Middle-class Chinese are reining in spending amid the economic slowdown, damaging the ruling party’s hopes to push consumer spending as a new engine of growth.

Topics:  middle-class chinese   consumer   economic   spending   
BING NEWS:
  • Guess Who’s Angry at China’s Real Estate Bailout: Homeowners
    China has relaxed or eliminated measures on home buying to spur new purchases. This has made a vocal constituency of existing homeowners very unhappy.
    06/5/2024 - 5:01 pm | View Link
  • China's Historic Dump of $53 Billion US Treasuries is Unprecedented Blow to US Economy
    Why did China take this drastic step, and what does it mean for the United States and the global economy?
    06/5/2024 - 12:15 am | View Link
  • Communism May Yet Kill China
    In the late 1970s, when China began its remarkable development, its then President Deng Xiaoping made a critical compromise with the country’s communist ideology. He knew that the development effort ...
    06/4/2024 - 1:19 am | View Link
  • China’s economic model retains a dangerous allure
    In the years since, China’s leaders have mostly denied any ambition to export a state-led model of development. But they are sometimes more brazen. Last year, for instance, Xi Jinping argued in a ...
    06/3/2024 - 6:08 am | View Link
  • Krugman Says China Is ‘Bizarrely Unwilling’ to Boost Demand
    China’s leaders are “bizarrely unwilling” to use more government spending to support consumer demand instead of production, according to Nobel laureate in economics Paul Krugman.
    06/2/2024 - 2:51 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News