Asia

Great fall of China?

Following decades of double-digit growth, China is now experiencing a new normal

On 19 January 2015 China’s two main stock exchanges fell 7.7%, wiping $315bn (£209bn) off the Shanghai index in a single day – the biggest losses since June 2008.

Less than 24 hours later the Chinese government confirmed it had missed its official annual growth target for the first time in 15 years. GDP for 2014 came in at 7.4%, the lowest annual growth rate since 1990, when the country was still suffering from the economic sanctions imposed after the Tiananmen Square massacre.

Markets were already nervous…

Other News

Here’s looking at YOO

“Waking up worrying in the middle of the night, feeling like the sky is falling on your head, is a sensation most successful people have… Read more »

A Asia

CC Land’s next big play

When Dickie Wong is in London his phone doesn’t stop ringing. The CC Land deputy chairman, who led the £1.15bn acquisition of the Cheesegrater, EC3,… Read more »

A Asia

New ULI president Chris Choa puts focus on connectivity

“Connectivity is destiny.” It sounds more like the tagline of an epic Hollywood film trailer than the mantra of the Urban Land Institute’s new UK president. But… Read more »

A Asia