The protest in Wuhan highlights the strain on the finances of local governments, made worse by heavy spending on “zero Covid” measures.
Category: China
-
Thousands of Chinese Retirees Protest Government Cuts to Benefits
The New York Times – Business: -
U.S. Blacklists 6 Chinese Entities Involved in Spy Balloon Programs
The New York Times – Business:The action to cut off five Chinese companies and a research institute from American parts and technologies is part of the Biden administration’s response to the balloon it shot down last week.
-
U.S. Aims to Curb Investment in China Amid Security Concerns
The New York Times – Business:The Biden administration is preparing new rules that would restrict U.S. dollars from flowing to China.
-
China’s Bid to Improve Food Production? Giant Towers of Pigs.
The New York Times – Business:High-rise hog farms have sprung up nationwide as part of Beijing’s drive to enhance its agricultural competitiveness and reduce its dependence on imports.
-
Flowers, Fresh Fish and Movies: China Is Spending Again, Cautiously
The New York Times – Business:The outlook for the world’s second largest economy is brighter as consumer spending picked up after “zero Covid” was lifted. But scars remain from the harsh pandemic restrictions.
-
China mira hacia México para satisfacer al mercado de EE. UU.
The New York Times – Business:Alarmadas por el caos naviero y las fracturas geopolíticas, las compañías de China están instalando fábricas en México para preservar sus ventas en Estados Unidos.
-
Why Chinese Companies Are Investing Billions in Mexico
The New York Times – Business:Alarmed by shipping chaos and geopolitical fractures, exporters from China are setting up factories in Mexico to preserve their sales to the United States.
-
Air Force Says Proposed Chinese-Owned Mill in North Dakota Is ‘Significant Threat’
The New York Times – Business:A proposal for a corn mill, which had been welcomed as an economic development success, reflects just how much things have changed with Chinese investment proposals in the U.S.
-
IMF Upgrades Global Economic Outlook as Inflation Eases
The New York Times – Business:The International Monetary Fund said the world economy was poised for a rebound as inflation eases.
-
Chinese Travel Is Set to Return. The Question Is, When?
The New York Times – Travel:The country has dropped restrictions on overseas journeys for its citizens, but once-popular destinations are still waiting for the flood of vacationers to arrive.