China economic slowdown 2025-2026

Pop Mart's revenue in the Americas plunged 70% to 75% in the third quarter.

Jefferies said the third-quarter results were weaker than estimates of a 30% revenue decline but broadly in line with buy-side expectations.

Pop Mart's Asia-Pacific sales dropped 65% to 70% in the third quarter.

Portugal offers a golden visa program that provides residency through qualifying investments and a potential longer-term route to citizenship.

Caribbean citizenship can potentially be secured within six months, making it faster than pathways in Europe or the United States.

Beijing introduced new measures targeting offshore trusts in July, with certain incomes and transactions potentially subject to a 20% tax.

Dan Wang said most manufacturers make very thin profits and some even run at a loss.

The CSI 300 Index entered a bear market late last week.

NBS Chief Statistician Yu Weining attributed earnings growth mostly to surging profits in electronics and advanced-technology manufacturing sectors.

North America remained Porsche's largest sales region by volume.

Porsche is cutting thousands of jobs as part of a broader restructuring.

Porsche's deliveries declined 16% to 178,532 in the first nine months of 2026.

The Chinese government estimates the one-child policy prevented about 400 million births, though this number has been contested.

Gietel-Basten said the use of dependency ratio statistics risks taking agency away from older people, many of whom he says have been misrepresented as dependants.

Professor Stuart Gietel-Basten said the demographic shift is symbolic and could suggest more public spending will move from families and schools to pensions and healthcare.

Georgieva said China needs to spend more, the U.S. has to save more, and Europe has to invest more.

Beijing imposed retroactive levies on offshore trusts in July, prompting wealthy Chinese to ask about opening U.S. bank accounts and moving offshore assets there.

The House Select Committee on the Chinese Communist Party says internal Webull messages indicate employees in China could reach sensitive U.S. user data that the online brokerage had said was restricted to U.S.-based staff.

Volvo Cars shares were down nearly 26%.

Volvo Cars will eliminate 2,500 jobs globally, with 2,000 of those jobs based in Sweden.

Volvo Cars is owned by China's Geely Holding.

Inquiries about opening U.S. bank accounts have grown among Chinese clients after Beijing imposed retroactive taxes on offshore wealth in July.

Wealthy Chinese are moving offshore money to U.S. banks to avoid Beijing's widening tax hunt.

Washington's Foreign Account Tax Compliance Act requires foreign banks to report American clients, but there is no matching automatic flow from U.S. banks to Beijing.

China is experiencing a gold rush as families buy more gold.

Al Jazeera's Katrina Yu visited China's biggest gold market.

The article was published on 23 October 2026.

Sovereign wealth fund investments into mainland China and Hong Kong in the first nine months of 2026 surged 190% compared to the funds' investments through the entire 2025.

Qatar Investment Authority and Norway's sovereign wealth fund participated in Alibaba's $10.2 billion share offering in August.

Mubadala announced a minority investment in China's Luckin Coffee in September as part of a roughly $1 billion deal alongside Centurium Capital.

The CSI 300 index entered bear-market territory on Thursday.

The CSI 300 index tracks 300 of the largest stocks listed in Shanghai and Shenzhen.

China posted its slowest growth in over three years in the second quarter.

Property investment in China fell by more than 20% in the first nine months compared to the same period last year.

The production of batteries and industrial robots in China grew by more than 29%.

Sales of high-tech goods in China rose by 14.3%.

Chinese exports surged more than 16% in the first three quarters of 2026.

China's GDP expanded 4.5% in the third quarter of 2026 from a year earlier.

Industrial output grew 5.5% year-on-year in September 2026.

The International Monetary Fund expects China's economy to grow 4.5 percent in 2026.

China's total imports in the first nine months of 2026 gained 27.5 percent to $2.43 trillion.

China's exports to the United States jumped 39.6 percent in September to $47.88 billion.

Lynn Song of ING said more policy support rollouts will be coming to reach both short- and long-term growth targets.

China's producer price index rose 5% in September.

The 0.9% CPI increase missed expectations of 1%.

The volume of China's crude oil imports fell by double-digits for a sixth-straight month in September.

China's exports grew by 36.3% in September from a year ago, their fastest pace since February.

The European Union announced China agreed to halve its exports of hybrid-powered cars to the bloc.

Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.

Chen said Chinese companies have very little of their global expansion opportunity priced into their stocks.

Euromonitor said in a report last month that Chinese brands are becoming long-term, embedded competitors capable of reshaping market dynamics across Latin America.

France's parliament begins debate on the 2027 budget on Tuesday.

France is the euro zone's second-biggest economy.

Antonio Fatas said the ECB will not step in just to 'bail out' France.

The World Gold Council showed Poland has increased its gold reserves by more tonnes than China.

Hong Kong plans to expand the capacity of its Shanghai-linked gold vault from 150 tonnes to over 2,000 tonnes over the next three years.

Hong Kong confirmed efforts to develop a yuan-denominated gold market last month.

Gold prices fell more than 8% in September to about $4,176 an ounce.

China spent a record $158.8 billion importing more than 1,000 tonnes of gold in the first eight months of 2026.

The benchmark CSI 300 index is down around 8% this year.

Guotai Junan International's Chief Economist Hao Zhou predicted the fourth quarter of this year could see the first growth in existing home prices for tier-one cities since the 2021 to 2023 slump.

Country Garden was once the largest non-state-owned developer in China by sales.

S&P Global Ratings analysts said an end is in sight for China's yearslong property market slump.

Fitch Ratings stated that small and rural commercial banks remain the weakest part of China's financial system.

Non-performing loans among rural banks in China rose to 2.8%, ahead of the sector average of 1.5%.

The return on assets among rural banks in China fell to 0.45% in the first half, down from 0.56% in 2021.

Chinese vice premier He Lifeng said China "always welcomes" Japanese enterprises to develop business and share market opportunities in the country.

In the past two years, only 1,221 Japanese companies entered China, the fewest on record outside the Covid-19 pandemic.

Beijing responded to Takaichi's statement by curbing exports of critical minerals to Japanese companies and urging citizens to refrain from traveling to Japan.

China's industrial profits expanded 24.7% in April.

For the first eight months of this year, profits at large industrial firms climbed 15.7%.

Allan von Mehren said authorities will likely step up policy implementation in the second half of this year to shore up the economy.

OCI Holdings subsidiary OCI Energy broke ground on a new solar facility in Texas earlier this month.

Hana Securities said it was highly unlikely that the U.S. would ease restrictions on Chinese solar products as part of the talks.

Yoon Jae-sung said any tariff reductions discussed in the talks were expected to focus on non-strategic goods.

The Tata Group is embroiled in a boardroom battle that could affect its ability to invest in building India's first semiconductor fabrication plant.

Bernstein said it would be a folly to think foreign money is waiting to be parked into India once the AI trade settles and the Middle East crisis resolves.

IT companies account for more than 8% weightage in the Nifty 50.

Chinese Foreign Minister Wang Yi met his Iranian counterpart, Abbas Araghchi, in Beijing on Wednesday.

China's crude imports averaged 8.1 million barrels per day in the second quarter, approximately 32 percent lower than in the first quarter.

Before the war, China was importing roughly 12 million barrels of crude a day and producing another 4.4 million barrels domestically.

NBS spokesperson Fu Linghui attributed the uptick in unemployment to the graduation season.

China's industrial output expanded 5.2% in August, outperforming economists' expectations for a 4.8% rise.

The statistics bureau described an acute imbalance domestically between strong supply and weak demand.

The regulations were issued to address "problems" such as people being deceived into leaving the country or engaging in illegal gambling and scam activities abroad.

Xiao Wang said managers have verbally reminded staff that "sensitive countries such as Japan are definitely off-limits".

New rules governing travel to and from China have come into effect.

In July 2025, China imposed a 20% income tax on offshore trusts.

Zhou expects authorities to widen the tax net to capture returns on overseas real estate, equities, fixed income and precious metals.

China's net capital outflows reached nearly $780 billion in 2025, exceeding the 2015 peak of about $630 billion, according to Zhou.

Allan von Mehren said China's domestic economy remains stuck in a slump with a negative feedback loop of falling home prices, high savings, weak employment, and slow consumer spending.

China's consumer prices rose 0.8% in August from a year ago.

Tianchen Xu said there was not a seasonal uptick in service prices as in previous years, reflecting weaker-than-usual summer tourism.

Chinese EV companies are expanding into humanoid robots as the EV market slows down.

As of August 2026, Chinese automakers accounted for more than half of the nearly 20 car companies globally that have entered the humanoid robotics sector, according to Counterpoint.

BYD's shares are down more than 13% as sales have slumped.

China's manufacturing activity contracted for a second straight month in July.

PBOC Governor Pan Gongsheng said China has never actively pursued a trade surplus, nor has it depreciated the currency to gain trade competitiveness.

China's exports grew 25% in U.S. dollar terms in August from a year earlier.

Official GDP figures released in July showed China's economy grew 4.3% in the second quarter, below Beijing's annual target.

Xinhua said the move will help enhance the institutions' operating capabilities, risk resistance capabilities, and ability to serve the real economy.

The package covers three big lenders and five insurers.

The CSI 300 plunged more than 40% in one summer during the 2015 stock market crash.

Disposable income growth for Chinese urban consumers slowed to 4.3% in 2025.

Over 75% of global trade constitutes goods.

The 360 billion yuan injection equals approximately $53.6 billion.

Global Times said the move will give banks and financial institutions more resources to channel into credit for the real economy while strengthening their ability to withstand external shocks.

The recipients include the Industrial and Commercial Bank of China, the Agricultural Bank of China, and China Export & Credit Insurance Corporation.

The Export-Import Bank of China will receive a direct 30 billion yuan injection from the finance ministry.

Hong Kong-listed shares of the banks and insurers slumped on Monday, underperforming the broader market.

The finance ministry will inject 10 billion yuan into China Export and Credit Insurance Corp, also known as Sinosure.

Karen Silk spoke to CNBC's "Squawk Box Asia" on Thursday, a day after the central bank delivered its second consecutive interest rate hike.

New Zealand supplies more than half of China's dairy imports.

New Zealand's China-bound goods in 2025 were close to double that of the U.S. and Australia combined, according to the New Zealand China Council.

China accused other G20 nations of "promoting protectionism" after they criticized economies that rely heavily on exports.

Bessent announced that any entity, including Chinese banks, that facilitates money laundering or sanctions evasion on behalf of Iran could be cut off from the U.S. financial system.

Commerce Ministry spokesperson Ling Huang said that using G20 and other multilateral mechanisms to hype up "economic imbalances" and "overcapacity" is essentially promoting protectionism.

New export orders rebounded to 50.1 in August from 49.6 in July.

The construction industry sub-index fell 0.1 percentage point to 46.9% in August.

The private RatingDog manufacturing PMI survey is estimated to show factory activity climbing to 51, with results due Tuesday.

BYD's first-half net profit attributable to shareholders fell 20.5% to 12.3 billion yuan.

BYD reported first-half revenue of 344.8 billion yuan, down 7.1% from a year earlier.

BYD said China's auto industry faced sluggish domestic demand and robust export growth in the first half.

Tianchen Xu said decelerating growth was primarily dragged down by falling investment in property and infrastructure.

For the first seven months of this year, China's industrial profits climbed 17.6% from a year earlier.

The integrated circuit industry saw profits expand 18.5% in the January-July period from a year earlier.

The Monetary Authority of Singapore in July eased some conditions for single-family offices seeking tax incentives, with the changes taking effect Aug. 1.

Tokyo had become attractive to wealthy Chinese in recent years as a weak yen made property to luxury goods cheaper.

A $3 billion money-laundering scandal in 2023 triggered tighter scrutiny of wealthy clients and family offices in Singapore.

Beijing's General Administration of Customs claimed bilateral trade between China and Africa reached $348 billion for the same period.

The Bureau of African Affairs reported it has worked on 37 commercial transactions that closed since the beginning of President Donald Trump's second term, representing $25.67 billion in total value.

Chinese government-owned carmaker Chery has recently bought South Africa's Nissan plant and will make Chinese models such as Jetour near Johannesburg.

Starbucks entered mainland China in 1999, and the country grew into its second-largest market by 2015.

Nike's business in China has shrunk 30% since 2021, and its annual revenue reached an eight-year low in the spring.

Gap sold its China operations to e-commerce firm Baozun in 2022 for $40 million in cash.

Hui Ka Yan pleaded guilty in April to several charges, including embezzlement of assets and corporate bribery.

Evergrande's stock market valuation shrank by 99% before its shares were removed from the Hong Kong exchange in August 2025.

Hui was once estimated to be Asia's richest person.

China's GDP growth came in at 4.3% in the second quarter of 2026.

Li Daokui, a professor of economics at Tsinghua University, called for a substantial expansion in government borrowing to more than double this year's planned 12 trillion yuan in new debt issuance.

China's industrial output expanded 5.3% in June from a year ago.