Tag: chinese economic downturn

China Sees Wave of Large Private Companies Broken Up, Listed on Stock Exchanges

Several large Chinese companies have recently been restructured for listing on the stock exchange, with most of them privately owned. Days after Alibaba’s restructuring was announced, Jingdong (JD.com), another Chinese e-commerce platform, announced on March 30 that its sub-companies JD Industrial and JD Production and Development will be spun off and listed on the Hong…


China Will Struggle to Become a Dominant Economy: Think Tank

China will never have a “meaningful lead” over the U.S. and will remain “far less prosperous” and productive per person, even by the mid-century, a Sydney-based think tank has said. In its new analysis paper, “Revising Down the Rise of China,” the Lowy Institute said it believes that China’s economic growth will slow to an…