Tag: reform and opening up

Chinese Entrepreneur Flees China, Sees No Hope for Chinese Economic Recovery

A Chinese businessman has told The Epoch Times that he lost $43-million-worth of business over the three years of lockdowns and Zero-COVID policies during the pandemic in China. Meng Jun also rejected claims made by the Chinese Communist Party that the country’s economy had recovered due to the Chinese regime’s focus on “reform and opening…


CCP Can’t Resolve Its Fifth Wave of Unemployment

Commentary China is faced with an extremely grim job market in 2022, as at least 10 million workers have lost their jobs after the regime’s series of economic policies led to the default of the real estate sector, diminished the after school tutoring industry, and suppressed e-commerce giants. Add to this the more than 10…