By Kathleen Li A new survey shows more than two-thirds of Chinese bankers are not optimistic about China’s current macroeconomic climate. On June 29, the People’s Bank of China released its…
China Business & Economy
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By Antonio Graceffo News Analysis U.S. retailers in China have been hit hard by COVID-19 lockdowns, a weakening economy, and increased nationalism. Amazon Kindle is exiting the China market, as are Airbnb and Yahoo. Fifty-three…
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By Hannah Ng China is going through a systemic debt crisis because of a lack of liquidity, according to China expert and author Gordon Chang. In comments to NTD, the sister…
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China’s leadership takes largely predictable and perhaps doubtful steps to spur China’s lagging economy By Milton Ezrati News Analysis Beijing is beginning to look desperate. Months ago, it reduced its real…
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Data show only 15 percent of Chinese steel mills remain profitable By Kathleen Li Chinese steelmakers have reported significant losses from weak demand and low prices. Data released on June 28 showed that…
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AnalysisCHINA
China’s Fashion Giant Shein Hit With Copyright Lawsuit Amid Allegations of Unethical Labor Practices
by EditorTBy Mary Hong News Analysis Shein, China’s ultra-fast fashion online store and the most downloaded shopping app in the United States, is hit with a new lawsuit as it faces criticism for…
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AnalysisCHINA
Chinese Stock Markets Plunge as Xi Calls for Sticking to ‘Zero-COVID’ Policy
by EditorTThe Chinese leader warned against ‘herd immunity’ strategy By Nicole Hao News Analysis China’s Shenzhen Stock Exchange (SZSE) and Shanghai Stock Exchange (SSE) slumped on June 29 following Chinese leader Xi…