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 Clamps Down on Starbucks, Tesla as It Encourages Boycotts of International Brands
By Tianzi Yang A report published on Dec. 14 described a Chinese reporter trying to expose food safety...
Sen. Rubio: Consulting Firm That Served Pentagon Lied About Its Links to Chinese Government
According to Senator Marco Rubio from Florida, the world’s largest management and consulting firm McKinsey...
Bank of England Hikes Interest Rates in Bid to Battle Inflation
In an attempt to rein in inflation the Bank of England (BoE) on Thursday voted to raise interest rates...
Chinese Tech Giant Huawei Linked to Surveillance Operations and Intelligence Gathering: Report
An analysis by the Washington Post finds that Chinese telecommunications firm Huawei may have played...
Panic at the Fed: Interest Rate Increases Coming as Inflation Soars
On Wednesday Dec. 15, the Federal Reserve (Fed) lifted its forecast for U.S. inflation in 2022 to 2.6...
Inflation in US Alarmingly High But Might Ease Next Year
Inflation in the United States is not showing any signs of abating. On Dec. 10, the Labor Department...
The Economic Scenario Beijing Fears Most Is Just Around the Corner
News analysis On Dec. 8 through Dec. 10, China held its annual Central Conference on the Economy in...
Nicaragua Receives 1 Million COVID-19 Vaccines from China After Dropping Diplomatic Ties With Taiwan
Days after cutting formal diplomatic relations with Taiwan, the government of Nicaragua has received...
Future of Taiwan’s President Tsai Could Hinge on How She Handles a Vote on 4 Policies
While COVID-19 ravaged and devastated most of the world, Taiwan was praised and viewed as a model to...