Aging populations, as Japan taught us, are inherently deflationary. Folks in their 70s don’t spend the way 20-somethings do. With the unemployment rate for Chinese between 16 and 24 stuck above 17% —or higher given the vagaries of Beijing’s data—what good will subsidies and rebates do?
China to send top envoy to Trump inauguration
Observers have suggested that Xi has used an anti-corruption crackdown to eliminate rivals and entrench himself at the center of China's political hierarchy.
The leader of China, Xi Jinping, plans to send a high-ranking representative to the inauguration of US President-elect Donald Trump. This move could indicate Beijing's intention to ease tensions in its relations with the United States,
Gao Shanwen questioned Beijing’s ability to boost its economy as threats loom from a property meltdown and burgeoning debt.
More than 200 specialized detention facilities have been built or expanded across China, a CNN investigation finds, as the Chinese leader extends his crackdown beyond the ruling Communist Party to a vast swath of public sectors.
U.S. President-elect Donald Trump said on Monday that he and Chinese leader Xi Jinping have been speaking through representatives and he believes the two leaders will get along.
FREE TO READ] Unusual diplomatic overture comes as Beijing braces for escalating tensions with new administration
The Financial Times says Chinese President Xi Jinping will send a high-level envoy to Donald Trump's presidential inauguration in a move aimed at reducing friction between China and the US.
Chinese President Xi Jinping is dispatching a high-ranking official to the U.S. President-elect Donald Trump 's inauguration, in lieu of Ambassador Xie Feng, in a move that breaks tradition. Newsweek has reached out to the Trump team and Chinese Foreign Ministry by email with requests for comment.
China's anti-graft watchdog filed over 4,000 disciplinary cases in 2024 to combat growing corruption, deemed a major threat by President Xi Jinping. The Central Commission for Discipline Inspection (CCDI) reported numerous high-profile cases,
Foreign Minister Wang Yi sas China ‘will help Africa to develop and revitalise itself and move towards modernisation’.