Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
Category: East Asia
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Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.
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As China’s Markets Stumble, Japan Rises Toward Record
A change in perception among investors about China and Japan is one of the biggest themes in the markets right now.
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As Asian Societies Age, ‘Retirement’ Just Means More Work
The New York Times – Business:Across East Asia, populations are graying faster than anywhere else in the world, and while younger generations shrink, older workers are often toiling well into their 70s and beyond.
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China’s Abrupt Covid Pivot Leaves Many Without Medicines
The New York Times – Business:Millions are desperate to get their hands on fever-reducing drugs and antivirals such as Pfizer’s Paxlovid as infections across China outpace supplies.