Day: July 12, 2023

China Update is about China economic and political news and analysis #chinaupdate 00:00 Introduction 00:47 Chinese Economy I: Renewed Stimulus Hopes 03:18 NATO Communique on China 06:42 Chinese Economy II: Stock Market

In China, electric vehicles aren’t a just a thing of the future. There are so many EVs in China, they’ve turned into a problem, with graveyards full of new EVs springing up all over the country. That’s thanks in large part to China’s car sharing disaster, which, as you can probably guess, was a government program gone awry.

https://www.youtube.com/watch?v=YcPrR0ltLPQ

As is well known, the United States has been using all its efforts over the years to maintain its hegemonic position with its powerful military, technological, and economic power, and has been pressuring rapidly developing countries, including China. In recent years, China’s rapid technological development has also made it the world’s second-largest economy, and its position and influence in international affairs are also remarkable, which has challenged the United States’ position like never before. The

#Chinainsights#Foxconn#apple Two opposing views have emerged on this issue: one is that Apple would be out of luck if it were to leave China; the other is that Apple and its largest foundry, Foxconn, have already said goodbye to China. What is the actual situation? How much have Apple and Foxconn scaled back their business in China, and how fast are they pulling out of China? In this episode, we will explore this topic with the help of data. It was midnight on June 9, 2023, and a tense atmosphere prevail

A great victory for freedom of speech!

In the face of the mounting crisis of uncompleted property projects and the never ending wait for property handovers, a chorus of disquiet has been growing among homeowners. “Refund, refund, refund.” Astonishingly, in merely a matter of days, the count of halted loans for unfinished real estate projects surpassed 200, with owners of 245 stranded projects issuing a collective proclamation of loan suspension. Is this merely the proverbial tip of the iceberg? Could this trend continue its march across the co

The US and China have begun talks to try to improve relations between the world’s two biggest economies. Bilateral trade is worth hundreds of billions of pounds a year and China’s huge spending power is critical to global financial stability. But the country is experiencing signs of a new economic downturn. Youth unemployment is rising, exports have been falling and property investment is down.

Where do Marxists vacation? In China, they go to communist “holy sites” where they get “baptized” and renew their vows. In this episode of China Uncensored, we look at what these holy sites are, why visiting them is mandatory, and why Xi Jinping is especially fond of them.