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China economy

Some struggle economically as China's 20th Communist Party Congress begins

by Jennifer Pak
Oct 14, 2022
Under President Xi Jinping, tech and real estate oversight has tightened, while the private tutoring sector has been flattened.
A sign celebrating the Chinese Communist Party's 100th anniversary sits prominently in a commercial center in Shanghai in 2021.
Charles Zhang/Marketplace
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IMF predicts China's 2022 growth will be less than half of what it was last year

by Mitchell Hartman
Oct 13, 2022
Here's what's behind the sobering forecast for the world's second-largest economy.
Cargo containers stacked at a port in Lianyungang in China's eastern Jiangsu province.
Photo by STR/AFP via Getty Images
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China's troubles at home weigh on growth

by Justin Ho
Oct 18, 2021
Energy problems, supply chain woes and a shaky real estate sector are slowing down Chinese GDP growth.
A view of the Lujiazui financial district in Shanghai.
Hector Retamal/AFP via Getty Images
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Mall economics: How to get consumers in China to shop in stores

by Jennifer Pak
Sep 22, 2021
More people are purchasing online but one mall in Shanghai is able to pull young consumers back into stores.
Yolanda Yu (left) and Yilina Li are willing to take a trip to TX Huaihai mall just for a particular bubble tea brand that appeared in singer Jay Chou's music video.
Charles Zhang/Marketplace
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China's 3-child policy met with tepid public reception

by Sabri Ben-Achour , Jennifer Pak , Meredith Garretson and Erika Soderstrom
Jun 1, 2021
There's skepticism about whether the policy change will actually address China's shrinking workforce and older population.
One reason? "The work of raising a child, like in many countries, falls disproportionately on women, and women in China have complained of being penalized at workplaces for being a mother," says Marketplace China correspondent Jennifer Pak.
Noel Celis/AFP via Getty Images
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As China recovers from COVID-19, small businesses are struggling to re-open

by Jennifer Pak
Mar 23, 2020
Pork seller Ma Qiang sold $35,000 worth of pork to restaurants ahead of the Lunar New Year and expected to be paid after the holiday. Then COVID-19 hit.
Ma Qiang mainly supplies to restaurants but a lot of them are struggling after weeks of closure.
Charles Zhang/Marketplace
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COVID-19

China's service economy imperiled by virus emergency

by Scott Tong
Jan 24, 2020
Services now form a key sector in China's economy.
Residents wear masks while buying vegetables in the market on Jan. 23th, 2020 in Wuhan, China.
Getty Images
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In China, economy dogged at decade's end

by Jennifer Pak
Dec 25, 2019
China started 2009 weathering the global financial crisis and ends the decade battling slower economic growth and a trade war with the U.S.
Jennifer Pak/Marketplace
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China 70

The lucky migrant workers who get to retire in Beijing

by Jennifer Pak
Oct 4, 2019
While many people move away from the countryside for work, few of them are able to officially register in the cities.
A man sells dream catchers in Beijing. Few migrant workers from the countryside can stay in the city long term.
Photo courtesy of Shanghai 808 Studio
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China 70

China's struggling shoe components suppliers contemplate their futures

by Jennifer Pak
Oct 4, 2019
Three shoe component suppliers discuss the U.S.-China trade war and the changes they have seen in the last few decades.
A shoe heel manufacturer in southern China's Dongguan city exports mainly to the U.S.
Shanghai 808 Studio
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