For the month of March, the Texas Work Force Commission reported the state's unemployment rate hovered at 6% but added 99,000 jobs, providing a much-needed boost after 2020.
The vanishing billionaire: How Jack Ma fell foul of Xi Jinping
25 minutes to read
By: Ryan McMorrow and Sun Yu
Alibaba founder s dramatic rise and fall illustrates China s wary embrace of tycoons who power economic growth. China s most outspoken billionaire has gone silent. No one has seen Jack Ma at the business school he founded. Nor at his tai chi studio. His raucous speeches headlining an annual meeting of entrepreneurs in his home province of Zhejiang have been put on hold.
Since Chinese President Xi Jinping unexpectedly called off the blockbuster public offering of Ant Group, Ma s payments and lending business, five months ago, Ma has made a single public appearance.
China s growth surges to record 18.3% in the first quarter
16 Apr, 2021 04:16 AM
4 minutes to read
Shoppers visit a retail district in Beijing last week. Photo / AP
Other
By: Joe McDonald
China s economic growth surged to 18.3 per cent over a year earlier in the first quarter of 2021 but an explosive rebound in factory and consumer activity following the coronavirus pandemic is levelling off.
The figures reported Friday were magnified by comparison with early 2020, when the world s second-largest economy suffered its deepest contraction in decades. Growth compared with the final quarter of 2020, when a recovery was under way, was only 0.6 per cent, among the past decade s lowest.