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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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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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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The NASDAQ is up today, with a 2.91% increase. This is largely due to China’s loose monetary policy, which is outweighing fears of a global economic slowdown. The NASDAQ is currently at 11,002.94. Seritage Growth Properties is up 15%. The markets were mixed today, with the Dow Jones Industrial Average closing down and the Nasdaq […]
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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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Asian stock markets were mostly lower on Monday, following the broadly negative cues from Wall Street on Friday. This reflected lingering concerns about a recession and the global economic outlook, amid aggressive interest rate hikes by central banks around the world. The Australian stock market reversed early gains and was modestly lower on Monday, extending […]
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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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