China is allegedly pumping in billions of dollars annually to reshape the global narrative through fake authors, bot armies and lawsuits. The first documented Beijing-backed global disinformation campaign dates back to 2017, when it typically targeted English and Chinese speakers on large platforms like Twitter (now X), Facebook, and YouTube. Since then it has come … Read more
China’s factory activity expanded for the first time in six months in September, an official survey showed on Saturday. file photo for representation China’s factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world’s second-largest economy has begun … Read more
Amid rising concern over a declining birth rate, a county in eastern China is offering couples a ‘reward’ of 1,000 yuan ($137) if the bride is aged 25 or younger. This scheme comes as the latest measure to incentivise young people to get married. In a notice which was published on Changshan county’s official Wechat … Read more
Treasury Secretary Janet Yellen said China’s economic slowdown risks causing ripple effects across the global economy, though she doesn’t expect a recession in the US. “Many countries do depend on strong Chinese growth to promote growth in their own economies, particularly countries in Asia — and slow growth in China can have some negative spillovers … Read more
China’s economy lost more steam in June as manufacturing activity contracted again and other sectors failed to build momentum, as calls grow for more policy support. The official manufacturing purchasing managers’ index was 49, barely an improvement from May and still in contraction, National Bureau of Statistics data published Friday showed. The non-manufacturing gauge … Read more
Entering 2023, the relentless drumbeat of Wall Street consensuswas pounding out one consistent rhythm: China is back. After years of lockdowns and suppressed output, economists and investors cheered the end of Beijing’s zero-COVID policy and the economic boom that was sure to follow. The colossus-in-waiting that is the Chinese consumer was about to roam freely, … Read more
Alibaba founder Jack Ma has returned to China after staying overseas for more than a year. His prolonged absence was seen by many as a reflection of the cautious mood among China’s private businesses and policymakers who are working to revive the country’s economy. As per a report by Reuters, Ma’s return may help alleviate … Read more
China on Sunday set an economic growth target of “around 5%” for 2023, one of the lowest in decades, as its annual National People’s Congress opened in Beijing. The target was announced in a work report delivered by outgoing Premier Li Keqiang as the rubber-stamp parliament opened at the capital’s Great Hall of the People. … Read more
Beijing claims to have a neutral stance in the war that began one year ago, but has also said it has a “no limits friendship” with Russia and has refused to criticize Moscow’s invasion of Ukraine, or even refer to it as an invasion. It has accused the West of provoking the conflict and “fanning … Read more