#chinas-economy
#chinas-economy

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www.cbc.ca

Evergrande ordered to liquidate after it fails to reach restructuring deal with creditors | CBC News

A Hong Kong court has ordered the liquidation of China Evergrande Group, the world's most indebted developer.

The decision is likely to impact China's financial markets and add to the country's economic challenges.

The liquidation process may be complicated due to political considerations and could take months or years to complete. [ more ]

www.nytimes.com

China's domestic travel has thrived since reopening, but international travel remains limited

Factors holding back international travel include China's economy and global geopolitical tensions [ more ]

WSJ

China's economy grew around 5.2% in 2023

Chinese Premier Li Qiang made the announcement at the World Economic Forum in Davos [ more ]

www.fastcompany.com

Global stock markets have had a great year, with Wall Street leading the pack.

Inflation is expected to ease, leading to better investor sentiment and hopes for lower interest rates. [ more ]

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