Advertisement This year, China confronts the looming shadow of deflation, underscored by significant drops in both the Consumer Price Index (CPI) and the Producer Price Index (PPI). As of July, the statistics indicate a 0.3 percent decrease in the CPI and a pronounced 4.4 percent fall in the PPI. As former Chinese Premier Wen Jiabao … Read more
Advertisement Amid the controversy surrounding former Chinese Foreign Minister Qin Gang’s disappearance and subsequent dismissal from office, discussions by the Standing Committee of China’s top legislature, the National People’s Congress, on draft amendments to China’s Criminal Law seem to have escaped the public eye. These draft amendments, which are open for public comments until August … Read more
Advertisement The Fangbiaogan Real Estate Agency in the southern city of Nanning is still waiting for China’s post-COVID rebound. Home sales are 30-40 percent below last year’s depressed level after the economy barely grew in the latest quarter, according to the owner, who would give only his surname, Cai. He has cut staff by 80 … Read more