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CHINESE ECONOMY
An upswell of anti-Japanese expressions and actions by ultra-nationalist Chinese is worsening already-strained relations between the two countries, especially as Beijing doubles down on authoritarianism and “patriotic” propaganda glorifying the Communist Party while promoting hatred of countries like Japan and the U.S. In the latest incident, which occurred on Sept.
Why China’s Youth Unemployment Rate May Be Much Worse Than 20%
Recently, Chinese authorities admitted that the unemployment rate in China for youth aged 16 to 24 exceeded...
Foxconn, Apple Supplier, Withdraws From $20 Billion India Chip Factory
Taiwan-based Foxconn, most widely known for assembling iPhones and other Apple products at factories...
Mongolian Prime Minister’s China Trip Highlights Growing Economic Dependence on Beijing
Luvsannamsrain Oyun-Erdene, the prime minister of Mongolia, recently completed a trip to neighboring...
Beijing Takes Small Step to Shore Up Property Sector From Credit Default Risks
The Chinese authorities have extended loan relief for property developers until December of 2024, the...
Risk of Deflation in China Raises Concerns for the Global Economy
As economies in the west raise interest rates in an attempt to reign in historic levels of inflation,...
Investors Wary of China’s Economy Amid Stagnant Post-Pandemic Recovery and Anticipated Stimulus Measures
As momentum for China's post-pandemic economic recovery begins to decelerate, the upcoming stimulus measures...
Yellen’s Diplomatic Mission to Beijing: A Strategic Step Towards Cooling US-China Tensions
On July 6, U.S. Treasury Secretary, Janet Yellen, embarked on a four-day diplomatic journey to Beijing...
Global Production Lags Due to Self-Imposed Restrictions
According to several studies, the overall production capacity of factories worldwide shrank in June due...
China Hiding $3 Trillion in Foreign Currency ‘Shadow Reserves’, Former US Official Says
The amount of foreign currency held by Communist China could be as high as US$6 trillion, not the $3...