The Wall Street Journal

China’s economy faces deepening troubles in years ahead

China’s economy faces deepening troubles in years ahead
Predictions that the Chinese economy would eclipse that of the US have faded. (Image: Getty)
The Wall Street Journal
By Stella Yifan Xie HONG KONG – With the property market that long fuelled China’s growth mired in a prolonged downturn, China’s economy is shifting into a lower gear.The country’s struggling economy showed some signs of life on Wednesday, with strengthening retail sales helping to drive growth to a faster-than-expected 4.9% in the third quarter.The data suggest that recent stimulus measures, including interest-rate cuts and steps to encourage home sales, have helped stabilise the economy, putting it on tr...

More World

Controversial pipeline reveals state of global fight over oil
Energy

Controversial pipeline reveals state of global fight over oil

What are the consequences of leaving an African nation’s oil in the ground?

'Quite sad': Renters turn to lottery in Spain's housing crisis
World

'Quite sad': Renters turn to lottery in Spain's housing crisis

44,000 applicants for Madrid apartments, only 64 winners.

US judge orders reinstatement of thousands of fired workers
World

US judge orders reinstatement of thousands of fired workers

Decision affects probationary staff at six federal agencies.

CEO's don't plan to question Trump, unless market crashes
World

CEO's don't plan to question Trump, unless market crashes

44% of business leaders said the market would have to fall 20% before they speak out.