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High unemployment, a housing market in crisis and sluggish consumer spending during lockdowns are putting pressure on Beijing in a year when officials are focused on projecting stability.
Jumbo Floating Restaurant, which closed in 2020, capsized in the South China Sea after being towed from the city. The sinking triggered nostalgia for a happier period of Hong Kong history.
The vessel, named Fujian after the Chinese province that sits across from Taiwan, is China’s most modern.
People from across China had set off for the city of Zhengzhou to protest the freezing of their savings. Then they were prevented from moving freely.
But there are rules around opening one for a child. First: The child must have earned income.