Business

China power shortages, housing struggles put brakes on the economy



Investor concern has increased about the crackdowns against some of China’s most prominent private-sector businesses, such as Ant Financial, a mobile payment giant, and online education companies. In the quarterly Cheung Kong Investor Sentiment Survey, conducted by a Beijing-based business school, the percentage of investors concerned about the state of China’s private economy rose to 39 percent in the third quarter from 34 percent in the previous three months.

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