economic downturn

PDD’s  billion stock crash sends warning on Chinese economy

PDD’s $55 billion stock crash sends warning on Chinese economy

Business
Jessica Roberts

(Bloomberg) — One of the last remaining bright spots for Chinese consumption is rapidly fading, as the nation’s economic malaise takes a ...

For many in China, the economy feels like it is in recession

For many in China, the economy feels like it is in recession

Business
Jessica Roberts

By Casey Hall SHANGHAI (Reuters) – The night before China’s civil service exam, Melody Zhang anxiously paced up and down the corridor ...