American financial giant JPMorgan Chase said China’s economy is staring down the barrel of a “vicious cycle.”
Meanwhile, the head of the Chinese Communist Party is calling for “patience.”
The Inflation Reduction Act has marked its one-year anniversary. Biden touted the achievements, but who is really reaping the benefits?
Topics in this episode:
- Protests After China Asset Manager Misses Payments
- JPMorgan on China: $400 Billion Debt Facing Default Risks
- Beijing Calls for ‘Patience’ Amid Economic Downturn
- How Deep Are China’s Economic Troubles?
- Asian Stocks Hit Nine-Month Lows Amid Worries Over China’s Economy, US Rates
- Foreign Companies to Win Big Under Climate Law: Report
- NYC Bans TikTok on Government-Owned Devices Over Security
- Taiwanese Vice President Speaks in San Francisco
- China Expanding South China Sea Air Base? Report
- How Lobbying Helps China Compete Against US: Rex Lee