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Tag: china economy

China Experiencing Worst Capital Flight in 7 Years, Manufacturers Also Hit Hard
Reeling from unrelenting COVID lockdowns, travel restrictions and movement curbs, China’s national economy and over 20 other emerging national markets are seeing the worst capital exodus in seven years, according to several expert analyses. One...
China Fights Uphill Battle to Rescue Its Economy While Keeping ‘Zero-COVID’
Since late May, state and Chinese Communist Party propaganda outlets have been noticeably promoting Beijing’s economic policies and the central government urging local officials to do economic work well alongside “dynamic zero-COVID.” The central government’s...
Here’s Just How Badly ‘Zero-COVID’ Has Damaged China’s Economy
Financial analysis The world’s second largest economy is paying the price for its unrelenting “zero-COVID” policy — with industrial output and consumer spending dipping to the worst levels since the pandemic began, and financial analysts...
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...
China’s ‘Belt and Road’ and Strategic Interests Imperiled by Russia’s Invasion of Ukraine
As Russia’s invasion of Ukraine rages into its ninth day, Beijing has still refused to publicly condemn Putin’s actions and more international pressure is now being applied onto China.However, according to several observers and financial...
In the Face of War, Does China Still Consider Russia an Ally?
News analysis With Russia’s already-struggling economy getting battered with sanctions over the invasion of Ukraine, China has so far been willing to extend the world’s largest country some gestures of support, such as by avoiding...
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China’s Most-Favored-Nation Status Is Ending, What Are the Implications?
China is now roughly back to the trade status that it was before its accession to the World Trade Organization (WTO) in December 2001, as the United States has de facto removed China from the...
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 following crippling losses sustained during the pandemic.  The Regional Comprehensive Economic Partnership (RCEP) includes 15 countries in the Asia-Pacific region...
chinese clothing factory in jiangsu province
Layoffs Increase in China as Multiple Industries Get Hit By Tougher Regulations
Over the past year, Beijing has imposed a plethora of regulations on industries ranging from tech, finance, education, property, and gaming. While China’s decisions have rattled global markets and investors alike, President Xi Jinping sees...
China economy failing
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 Beijing. The meeting is the highest level of economic analysis and decision-making of the Chinese Communist Party...
China Oil Reserve Release
China Releases Strategic Oil Reserves Following US Invite
Oil prices have soared by over 50 percent in the U.S following the COVID-19 pandemic. Now the Chinese government has agreed to release strategic oil reserves following a virtual meeting between U.S President Joe Biden...
Trading of Evergrande Shares Halted; Worries Concerning Chinese Property Market Deepen
On Oct. 4, Evergrande halted trading of its shares on the Hong Kong Stock Exchange (HKSE) pending a “major transaction,” which some believe involves Chinese state companies buying up portions of the firm’s assets.   Evergrande...