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CHINESE ECONOMY

In a significant move that reflects growing concerns over China's financial stability, leading financial and ratings agency Moody’s has downgraded its outlook on the country’s credit ratings from stable to negative. The decision comes amid expectations that Beijing’s efforts to support local governments and state-owned enterprises could weaken the country’s

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...

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...

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...

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...

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...

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...

‘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...

Beijing Demands $210 Million From China’s ‘Queen of Live Streaming’ Viya
Chinese tax authorities have hit live-stream shopping influencer Huang Wei, known to her fans as Viya...

China’s Central Bank Increasingly Under Beijing’s Control
Pressed by senior leaders anxious about the declining economic growth, the People’s Bank of China (PBOC...