While the People’s Bank of China’s monetary blitz has ignited the sharemarket,it doesn’t fix its economic crisis. A meeting later this month will tell us more.
If Donald Trump wins the election and follows through on his economic threats,it could destroy a system that has been in place since the end of World War II.
Speaking in the Chinese capital on Friday after meetings with local officials,the treasurer said Australia had “a lot at stake” when it came to China’s economic slowdown.
The development is a potential embarrassment for Beijing as it seeks to expand its military capabilities.
The People’s Bank of China has unleashed a blitz of measures to try to prop up a faltering economy and sinking sharemarket. But those alone won’t be enough.
In Hong Kong,where almost 300 people including Australian Gordon Ng have been arrested on national security grounds since the introduction of draconian security laws in 2020,wearing the wrong T-shirt can land you in jail.
Pony Ma once embodied China’s ruling class of exorbitantly wealthy tech moguls before a Beijing crackdown hit his fortune. Now he is back on top.
A veil of murkiness continues to hang over the fate of China’s ex-foreign minister Qin Gang,who has not been seen in public since June 2023,even amid fresh reports this week that he had been demoted to a low-level publishing job.
It is the first retirement age hike since 1978. Previous efforts were delayed due to public discontent.
Banking rainmaker Bao Fan’s ability to spot rising tech stars made him one of China’s most influential financiers. But his career came crashing down last year.
The generation of women born in the era of the Chinese Communist Party’s one-child policy are having few,if any,children.