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ECONOMICS

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...
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‘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...
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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...
China Considers Buying Into Russian Energy Amid Growing Economic Challenges and COVID Lockdowns
Financial news analysis China’s ambitious economic growth target for the year is already being questioned by analysts just days after being announced as the country faces a spike in oil prices, continuous new COVID-19 outbreaks...
Amateur Chinese Investors Frenzy Buying Sino-Russian Stocks, Bet on Trade Boost Between Both Countries
Amateur retail investors in China are driving a rally in so-called “Sino-Russian trade concept stocks” as they bet on Beijing boosting trade with Russia in an effort to soften the blow of unprecedented sanctions placed...
Russia Turns to Chinese Services as Mastercard, Visa, American Express Cancel the Kremlin
While China’s banks and its homegrown payments system could offer Russia a much-needed respite from crippling Western sanctions, Beijing has been toeing a careful diplomatic line between trying to maintain ties with Moscow in the...