- July 26th, 2024
![china economy](https://theasialive.com/wp-content/uploads/2023/08/china-economy.jpg)
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](https://theasialive.com/wp-content/uploads/2023/08/chinese-yuan-us-dollar-1.jpg)
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](https://theasialive.com/wp-content/uploads/2023/08/People-Liberation-Army-PLA-China.jpg)
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...