BARCELONA | CaixaBank | The exorbitant rise in house prices has not been uniform or widespread in China but has been concentrated in a few of the country’s large cities. Yet, it’s important not to lose sight of the risk entailed by a real estate boom.
BEIJING | Duducars’ founder Yun Tao: “In other words, in China an entrepreneur doesn’t argue with the government, one negotiates with the government.”
China’s GDP grows by 7.4% in the third quarter, in line with the consensus, CaixaBank says. Exports push forward with a solid 9.9% year-on-year last month.
Iris Mir | Beyond who will be leading the country, there’s still a pending issue: How will they rule it. If prosperity have been attained, as numbers show, why not embracing political reform?, wonders Iris Mir.
China has started its leadership transition. The successors Xi Jinping and Li Keqiang face the great challenges posed by the economic model they’ve inherited. Amid a severe economic slowdown, fresh figures released in October suggest that Chinese economy is nevertheless stabilizing.
BEIJING | New Chinese leadership will have to to engineer a new decade of reforms without endangering the livelihood of the Communist Party. Economic slowdown urges a new economic model that fosters domestic consumption and innovation with the goal to ensure sustainable growth.
From presseurop.eu | Debt-burdened Europe has stretched its diplomatic links to China authorities a never before. Whether the EU wants to tap its rich-in-cash economy or improve trade relations, Beijing seems to hold the strongest cards.
Trade records disappointed, with exports growing just 1%. But expansionary policies continue to boost growth, note analysts at CaixaBank.
China’s economic relation with Africa is forcing the EU to rethink its strategy towards the continent.
The European Commission accuses China of subsidising its production at home and selling at an uncompetitive low price in Europe. But these days, China is heavily investing in the Old Continent, and some euro zone governments like Germany favour a soft approach instead of fines.