ECONOMICS
By Yan Chungou, Commentary Economist Li Daokui argued at an economic forum on July 12 that China's economy has remained "overall sluggish" for three consecutive years. Citing an estimated unemployment rate of 10.2 percent, roughly double the official figure, along with rare negative growth in fixed-asset investment and mounting local
China’s April 2025 Economic Data Shows Continuing Deflationary Trend
New statistics recently published by the Chinese authorities for the month of April have exposed significant...
Cracks in the ‘Iron Rice Bowl’: Chinese Workers, Government Employees See Their Wages Delayed, Benefits
Civil servants and educators in multiple provinces across China are suffering from unpaid or delayed...
Shanghai’s Population Crisis Deepens Amid Migrant Exodus, Dwindling Birth Rates
Known as one of China’s financial strongholds, Shanghai now finds itself grappling with a dual population...
Shanghai’s Economic Downturn Signals Broader Troubles for China
News analysis On March 25, the Shanghai Municipal Bureau of Statistics released its 2024 statistical...
Nations, Markets Brace as Trump Announces ‘Liberation Day’ US Global Tariffs
Markets around the world braced themselves for the impact of U.S. President Donald Trump’s “Liberation...
Sweeping Federal Cuts Leave Virginia Workers Reeling as Job Market Tightens
ARLINGTON, Virginia — As President Donald Trump and the newly-established Department of Government Efficiency...
Trump Raises China Tariffs to 20 Percent, Citing Lack of Cooperation on Fentanyl
The U.S. has imposed an additional 10 percent to its China tariffs, increasing the blanket rate to 20...
US Overtakes China to Become Germany’s Biggest Trading Partner for First Time in 9 Years
Official data shows that in 2024, the United States became Germany's largest single trading partner,...
Trump Delays Tariffs on Canada and Mexico, Agrees to Joint Border Security Efforts
On Feb. 3 following a private conversation with Canada’s Prime Minister, Justin Trudeau, President Donald...