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Night on Beijing stock photo

Troubled property sector poses growing threat to banks

Closeup Chinese yuan banknotes, China's currency.

Private sector forecasters say the economy will expand by as little as 3% this year

Hong Kong's skyscrapers

Covid lockdowns and property aren't the only risks

Financial technology(fintech) and world economy

The slowdown was primarily driven by a sharp contraction in China, the OECD reports

China flag

The Communist Party effectively acknowledged last month that it can't hit this year's official 5.5% growth target

Hong Kong's skyscrapers

A CIBC analyst is bearish for several reasons

Woman wearing a protective face mask to protect and prevent from the spread of viruses in the city, looking away while standing by the promenade of Victoria harbour against Hong Kong city skyline

Port activity drops, adding to inflation woes, Fitch says

Closeup Chinese yuan banknotes, China's currency.

Rating agency cuts GDP growth forecast due to pandemic measures

  • By: Staff
  • May 3, 2022 May 3, 2022
  • 12:33
Hong Kong's skyscrapers

Zero-Covid policies have been a drag on returns

China flag

Weak demand and supply chain disruptions also challenge growth