CHINESE ECONOMY

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Consumer Spending Remains a Big Challenge For the Chinese Economy in 2022
In the past few months, sluggish consumer spending has negatively affected China’s economic growth. Some experts feel that such spending will remain a big challenge for China in 2022 as well. Consumption is one of...
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Xi’an Sets Up Makeshift Hospitals to Contain Outbreak; Residents Complain of Food Shortages Under Lockdown
The COVID-19 outbreak in Xi'an city has become increasingly severe. According to videos and photos posted on Twitter, Xi'an constructed the "Fang Cang (mobile Cabin) Hospital" practically overnight.  These are quarantine buildings like those that...
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Chinese Military Deploys Troops as Xi’an Outbreak Worsens
Authorities report only a handful of COVID cases, but locals suspect the real concern is rodent-spread hemorrhagic fever Around 150 medical staff from the People’s Liberation Army (PLA) air force have been dispatched to Xi’an,...
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International Supply Chains Weighed Down by Beijing’s Zero-COVID Policy
The COVID-19 pandemic has disrupted international logistics for almost two years and the Chinese regime’s extremely strict COVID-19 policies are only making matters worse. Beijing is following a “Zero-COVID” policy when it comes to dealing...
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China in a Deep Freeze; 70% of China’s Territory Experiencing a Cold Snap
Yet another cold snap is sweeping through most of China. Nearly 70 percent of the country has been covered in snow, with blizzards and icy roads in many areas, causing massive shutdowns of roads, rails,...
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Chinese Real Estate Firms Pressured With Pending Wage Dues and Bond Payments
Property developers in China are facing a tough time financially. Many are unable to pay their suppliers and contractors, putting existing and future projects in limbo. Some are not in a position to pay off...
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Intel Apologizes to ‘Respected Chinese Customers’ Over Its Decision to Avoid Products From Xinjiang
Intel recently asked some of its suppliers in China not to procure products or services from Xinjiang, the northwestern region where more than 1 million members of the Uyghur minority people have reportedly been sent...
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Layoffs Increase in China as Multiple Industries Get Hit By Tougher Regulations
Over the past year, Beijing has imposed a plethora of regulations on industries ranging from tech, finance, education, property, and gaming. While China’s decisions have rattled global markets and investors alike, President Xi Jinping sees...
Florida Governor Ron DeSantis recently signed Senate Bill 7072 to combat Big Tech censorship practices. He spoke at a campaign rally for the US president at Pensacola International Airport in Pensacola, Florida on October 23, 2020.
‘A Big Failure for the United States’: Florida’s DeSantis on Investing in China
Florida Gov. Ron DeSantis and his administration announced on Dec. 20 that they would move to take control of the state’s sizable retirement funds away from private asset managers who invest heavily in Communist China. ...