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The trade boom that China’s economy enjoyed early on in the pandemic appears to be waning, as not even the appeal of a depreciated yuan can offset the changing global demand dynamics.
To combat the record-breaking drought affecting China, the Chinese Communist Party (CCP) has deployed two large drones for cloud seeding in the southwestern Sichuan Province. The record heatwave [...]
China's central bank cut interest rates on Monday to boost an economy battered by the government's strict zero-Covid policy and a slump in the housing market.
By Clarence Leong Shares of several Chinese property developers rose in Hong Kong morning trade Monday, following their latest profit guidance for the first six months, with rate cuts by the... | August 22, 2022
China's enormous economy is creaking under the weight of a property crisis and President Xi Jinping's strict zero-COVID policy.