China Economic

China Economic Downturn Triggers Job Losses and Wage Cuts, Raising Political Concerns for CCP

China is experiencing significant job losses and wage cuts across various key industries due to an economic downturn. This situation, according to a recent report by the South China Morning Post (SCMP), has led to an increase in protests and...
US-China, Economic

US Economic Dominance Under Threat: Can China Take the Lead?

China surpassing the United States to become the world's largest economy has been a focal point for policymakers and economists for decades. The question looms: what will happen when the US — one of the most dynamic, productive economies —...
China Economic Data

China Evergrande’s Liquidation Could Affect Global Economy

China's liquidation order for Evergrande Group from a Hong Kong court is not a "Lehman moment" but rather a move that catalyzes Beijing to address its property crisis. The People's Bank of China has lowered the reserve requirement ratio (RRR)...
US Dollar Chinese yuan

China’s Economic Rise: A Paradigm Shift in Global Order

China is posing a significant threat to the US, as it aims to replace the US dollar as the world reserve currency. The Chinese yuan is the third-largest trade financing currency and fifth-largest payment currency, with foreign investors demanding an...
Chinese

Is China’s Economic Future Dependent on War or Centralization?

The COVID-19 pandemic, anti-globalization sentiments, and geopolitical competition have significantly impacted the global economy, including China. In recent years, there have been systemic changes in the Chinese economy, with increasing challenges for private enterprises and weakening confidence in the future...
Tiananmen Square, 前门 Dongcheng, China

China’s Economic Transformation: From Deng’s Vision to Xi’s Divergence

China's economic miracle was not possible without the advice from Japan and Singapore, which led to the country's current economic struggles. Deng Xiaoping, who was the second poorest country among 140 countries after Mao Zedong's death in 1976, sought reform...
China Economic Data

China’s Economic Data: Signs of Life Amid Prevailing Gloom

Bеijing China's еconomic data suggеsts rеsiliеncе and rеcovеry dеspitе global еconomic uncеrtainty, with a robust rеcovеry in thе manufacturing sеctor, stеady еxport growth, rising consumеr spеnding, and propеrty markеt rеsiliеncе. China must rеmain vigilant in sеcuring long-tеrm еconomic stability and...