Truth, Inspiration, Hope.

ECONOMICS

China Hints at Respite in Regulatory Crackdown on Tech Firms
Leading Chinese officials are scheduled to have a conference with the country’s big tech companies in May The meeting has renewed hopes that Beijing will end or ease its sweeping regulatory crackdown on the country’s...
The Understated, Yet Massive Power of Asset Management Firms BlackRock and Vanguard
Commentary Until recently, economic competition was the driving force for small and large companies across the United States and throughout the world.  Since the mid-1970s, however, two corporations — Vanguard and BlackRock — have gobbled...
Shanghai-In-fa-Typhoon-China
‘Unified National Market’ Push Exposes Steep Challenge of Reforming China’s Economy
On April 10, the Central Committee of the Chinese Communist Party (CCP) and the Chinese government’s State Council released an opinion document on “accelerating the construction of a unified national market.”  The opinion called for...
Highly-Valued Opium Farming Banned in Afghanistan, Taliban Enforces Harsh Punishment Against Violators
On April 3, the Taliban government in Afghanistan implemented a repressive ban on the cultivation of drugs in the country. Those caught opposing the law are to be punished according to the Taliban’s interpretation of...
shanghai-zero-covid-workers-pandemic-china-ppe_.jpg
‘Zero-COVID’ Lockdown in Shanghai Compounds Xi’s Political Dilemma
News analysis Over the past two years, cities and entirely provinces in China implemented economically and socially destructive “zero-COVID” lockdowns and other control measures to squash the virus. Shanghai, however, stuck to a milder “precise...
China’s Online Retailer Firm JD.com Expands Layoffs as Economy Worsens
As Beijing’s regulators turn up the heat on a heavily saturated internet sector, adding financial pressure to tech companies already impacted by profit declines and a struggling Chinese economy. The mounting financial strain has resulted...
cargo-supply chains-Biden-Biden administration-Labour Department-Producer Price Index-inflation-hyperinflation-shortage-Food Prices-Rent-Fuel-Federal Reserve-crisis-Getty-Images-1346437290
US Government to Exempt 352 Chinese Goods From Reinitiated Tariffs
The Biden administration announced on March 23 that it had moved to reinstate tariff exemptions on more than 350 types of imported Chinese goods — accounting for about two-thirds of product exclusions that had expired...
Russia Says China Is Not Supplying Airplane Parts Following Sanctions, Airlines in Jeopardy
As Russia increasingly looks to China to help alleviate the crushing weight of unprecedented sanctions brought about by Ukraine’s invasion, Beijing seems to be slowly distancing itself from the near collapsed Russian economy.  Now the...
China Represses Another Agricultural Firm: 13 Years in Jail for Xiangda Chairman
Zhang Dewu, chairman of the Xiangda Group, has been sentenced to 13 years in prison under several charges — including “picking quarrels and provoking trouble", illegal detention, bid-rigging, loan sharking, and gathering a crowd to...