China’s economy has been demonstrating strong momentum, despite the challenges posed by the global environment, according to Premier Li Qiang. Speaking at the Boao Forum, a high-profile meeting on China’s southern Hainan island, Li pledged to support businesses as the country emerges from strict COVID-19 controls that have negatively impacted GDP. China’s economic growth has […]
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As of 2022, the Japanese economy is recovering from the impact of the COVID-19 pandemic, with GDP growth projected to be around 2.4%. However, the economy still faces significant challenges, including an aging population, high public debt, and a declining workforce. One of the strengths of the Japanese economy is its technology and innovation, particularly […]
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The rebound in tech stocks appears to be over for now, as rising interest rates and recession fears weigh on the market. After reaching a high of nearly 13,200 in mid-August, the Nasdaq has been struggling in recent weeks. This is a far cry from the record high it reached just a few months ago. […]
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The stock markets in Asia have largely seen losses today, with Chinese markets being particularly weak. On a weekly basis, however, markets in the Asia-Pacific region have seen some gains. The Japanese markets have held relatively well, with losses of less than one percent. This is despite the Bank of Japan continuing with its very […]
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In his speech at the opening of the 20th Communist Party Congress, Chinese President Xi Jinping acknowledged that the country’s development is imbalanced, uncoordinated, and unsustainable. He said the next five years are crucial for building a “modern socialist country” and called for a shift to “high-quality” development. But experts say Xi faces a tough […]
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China’s decision to delay the release of data on its economy has raised questions about the state of the country’s economy. The postponement of the release of gross domestic product data is the latest example of how difficult it has become to obtain accurate information about China’s economy. The Chinese government has long been reluctant […]
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As the head of state of China, Xi Jinping has a lot of trouble on his hands. The country’s economy is in trouble, with a consumer slump, real estate crisis, and trade war all putting pressure on the government. Xi has brought this on himself, through his claims to omnipotence and his absolutist political position. […]
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This September was the worst September for the stock market since 2002, with the S&P 500 falling by more than 9%. This is a bleak milestone in a year where the stock market has seemingly gone from bad to worse and hurt almost every investor. With so much turbulence over the last quarter, month and […]
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The fundamental reason why historic achievements and historic shifts have been made in the cause of the party and the country is the helmsmanship and leadership of Xi Jinping, – Wang Huning Since 1949, the Chinese Communist Party (CCP) has been in power in mainland China. Under the leadership of Mao Zedong, the CCP oversaw […]
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