Chinese academics recently delivered a stark warning to the country’s leaders: China is facing its most precipitous decline in population in decades, setting the stage for potential demographic, economic and even political crises in the near future.
Jun.28 — Susan Lund, partner at McKinsey Global Institute, and Nathan Sheets, chief economist at PGIM Fixed Income, examine the McKinsey report on the growth of corporate debt. They speak on “Bloomberg Daybreak: Americas.”
China’s smartphone market is increasingly dominated by four big players: Huawei, Oppo, Vivo, and Xiaomi. According to a report from marketing and analytics firm Canalys, the Chinese smartphone market shrunk by more than 21 percent […]
In recent years, many in China’s middle classes poured their savings into peer-to-peer lending platforms, known as P2P for short, drawn in by promises of high returns. But amid a larger effort to curb financial […]