Policymakers and investors expected China’s economy to rev up again after Beijing abruptly dropped Covid precautions, but recent data shows alarming signs of a slowdown.
Category: Communist Party of China
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China’s Young People Can’t Find Jobs. Xi Jinping Says to ‘Eat Bitterness.’
With youth unemployment at a record, the Communist Party is trying to reset expectations about social mobility by talking up the virtue of hardship.
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Why China Doesn’t Have a Property Tax
Local governments are sinking further into debt, but after years of talk, officials have yet to introduce a real estate tax.
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The Elusive Fix for China’s Budget Crisis
Property taxes would help local governments that are sinking further into debt. But after years of talk, officials have yet to introduce a real estate tax.
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Capvision, a Consulting Firm, is Raided by Chinese Authorities
The investigation of Capvision Partners comes amid increasing scrutiny by Beijing over national security that has sent a chill through the foreign business community.
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Even as China Reopens, Security Visits Spook Foreign Businesses
Fears are growing that the Communist Party’s increasing focus on control over information about markets and companies is behind the questioning of firms.
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China Is Cracking Down on Bankers. Here Are Some of the Targets.
As Xi Jinping and the Communist Party further exercise control over the economy, the financial sector is coming under close scrutiny.
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China Says Chatbots Must Toe the Party Line
The Communist Party outlined draft rules that would set guardrails on the rapidly growing industry of services like ChatGPT.
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China Says Chatbots Must Toe the Party Line
The Communist Party outlined draft rules that would set guardrails on the rapidly growing industry of services like ChatGPT.