China’s manufacturing sector has significantly shrunk under the weight of strict zero-COVID policies and declining international demand. In November, exports, the main source of foreign exchange for the ruling communist regime, plummeted at a record rate year-on-year. China’s total exports fell by 8.7 percent to $296.1 billion in November compared to November last year, the largest…
China’s Exports Fall at Record Rate, Companies Sent Abroad to Attract Buyers
China’s Sinking Real Estate Market Reveals Deeper Economic Troubles
Real estate sales have plunged by more than 20 percent across major cities in China, despite Beijing’s efforts to shore up its struggling housing market. Authorities have tried rolling out stimulus policies, such as tax breaks for new home buyers and lower mortgage rates but the overall performance of the real estate market remains poor…
EpochTV Review: Does China’s Real Estate Crisis Signify the End of the CCP’s Economic Growth?
October 27, 2021
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Commentary In the latest episode of “China in Focus,” Tiffany Meier examines the economic crisis in China real estate, and whether the Communist Party of China’s economy is truly as prosperous as the world has been led to believe. Chinese real estate developer Evergrande is collapsing, but its problems are just the tip of the…
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