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CHINESE ECONOMY
China's leadership has unveiled sweeping new regulations governing overseas investment, in a move that's raising concerns among investors and analysts who see the overhaul as another step toward tighter economic controls and greater state oversight of private wealth. The new rules, signed by Chinese Premier Li Qiang and slated to
China Targets KFC, Starbucks in State-led Crackdown on International Brands
In a recent wave of boycotts seen in China, KFC has found itself as the latest target after being accused...
Fed up, German Companies Leaving China Due to ‘COVID Zero’ Policy
The Chinese Communist Party’s (CCP) harsh lockdown of the city of Xi'an has severely interrupted the...
Chinese Phones Sold in Taiwan Accused of Content Censorship, Users’ Private Data May Be Tracked by Beijing
After the Lithuanian Ministry of Defense revealed that the Mi 10T 5G smartphone sold by Chinese company...
Economically Challenged Sri Lanka Asks China to Extend Loan Repayment Programs Amid Financial Crisis
The president of Sri Lanka has asked Beijing to restructure its debt repayments as part of efforts to...
Bond King Jeffrey Gundlach Does Not Find China an Attractive Investment
With many Chinese stocks having fallen massively in share value over the past year, some investment experts...
Asian Trade Bloc Looks to China as RCEP Aims to Invigorate a Struggling Regional Economy
Members of a China-centered Asian trade bloc hope the initiative will help stimulate local economies...
China’s Central Bank Launches Digital Currency App
In an ambitious push to expand its digital currency, China’s central bank has launched a trial version...
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...