china economy

What challenges does China’s economy face in 2024?

China's economy is in a downturn, with many cities cancelling official countdown events and celebrations. The government is financially constrained and hesitant to take responsibility for many issues, fearing overstepping its bounds. From 2020 to 2023, China faced significant development...
Chinese yuan- US dollar

The Impact of RMB Exchange Rate Changes on China’s Economy

Since November 17, the Chinese yuan (RMB) against the U.S. dollar (USD) has shown a strong rebound trend, with the onshore RMB-to-USD spot exchange rate rising above the 7.13 level by one point, closing at 7.1338, marking a nearly four-month...
People Liberation Army (PLA)- China

China’s falling prices impact world economy!

China's economy is facing a new problem as the prices of consumer goods have fallen below normal for the first time in the last two years. The consumer index, which measures inflation, has decreased by 0.3% in the last month...
china flag

Why China’s economy continues Downfall?

US Finance Minister Janet Yellen mentioned China's 'unfair economic activities' before her Chinese visit! He said he was troubled by the punitive actions taken by China against American companies in recent months. Let us tell you that recently China said...