“On the path ahead, winds and rain are the norm” for the Chinese economy, president Xi Jinping told his countrymen in a New Year’s Eve speech.
Tag: China
Post
SPOTLIGHT: CHINA’S ECONOMIC MALAISE
China’s factory output increased 6.6 percent in November, year on year, beating economists’ forecasts. Retail sales jumped 10.1 percent on an annual basis, although they fell short of analysts’ expectations.
Post
U.S., SOUTH KOREA, JAPAN, FORM TRILATERAL MILITARY ALLIANCE TO COUNTER CHINA, ADDING TO TENSIONS IN REGION
Top national security advisers from the U.S., Japan, and South Korea met earlier this month in Seoul to follow up on the high-profile Camp David Summit in August with their countries’ leaders where countering China emerged as the conversation’s centerpiece.
Post
SPOTLIGHT: CHINA’S ECONOMY STRUGGLES
In November, China's consumer prices fell the fastest since November 2020, dropping 0.5 percent year on year, according to the country’s National Bureau of Statistics (NBS).
Post
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
From January through August this year, Walmart bought 25 percent of its imported goods from Indian suppliers, compared to 2 percent in 2018.
Post
SPOTLIGHT ON CHINA: ONWARD AND DOWNWARD, CHINA’S ECONOMIC STRUGGLE
Zhongzhi Enterprise Group, one of China’s largest wealth managers, has announced it is bordering on insolvency, with between $58 billion and $64 billion in liabilities, in dollar terms. It has assets of less than $25 million, the company said.
Post
U.S. CONTINUES TO PROVOKE CHINA BY CONDUCTING PATROLS WITH THE PHILIPPINES IN THE SOUTH CHINA SEA
The Philippines and the U.S. conducted joint patrols in the South China Sea to blunt what these countries see as Beijing’s growing assertiveness in the region.
Post
SPOTLIGHT: CHINA’S ECONOMY
Last month, retail sales in China surged 7.6 percent, the National Bureau of Statistics (NBS) reported, beating a 7-percent gain foreseen in a Reuters survey of economists.
Post
U.S. CONTINUES EFFORT TO ARM TAIWAN IN ANTICIPATION OF CHINESE INVASION
Just days before a major summit between U.S. President Joe Biden and China’s Xi Jinping in San Francisco, Taiwan admitted that Washington is continuing its effort to pump the island with weapons in hopes of countering a Chinese invasion.
Post
SPOTLIGHT: CHINA’S ECONOMY
China’s economy will end this year with a 5.4-percent growth rate, the International Monetary Fund (IMF) has projected, increasing its outlook for the country from the 5 percent it had foreseen in its October forecast.