China’s Summer Movie Ticket Sales Nearly Halved Amid Sluggish Economy
By Lin Nai-Chuan WASHINGTON —Movie ticket sales in China have generated more than $1.5 billion so far this summer, a little more than half of last year’s record total of $2.89 billion, according to China’s Film Data Information Network, an institution directly under the Central Propaganda Department. Summer is usually one of three lucrative periods […]
China’s Real Economic Crisis
By Zongyuan Zoe Liu Why Beijing Won’t Give Up on a Failing Model The Chinese economy is stuck. Following Beijing’s decision, in late 2022, to abruptly end its draconian “zero COVID” policy, many observers assumed that China’s growth engine would rapidly reignite. After years of pandemic lockdowns that brought some economic sectors to a virtual […]
The U.S.-China Economic Competition
VOA News correspondent Kane Farabaugh travels to Purdue University to report on the depth of economic competition between the United States and China. Both countries are vying for global dominance. This week on VOA News’ The Inside Story : Competing with China.
IMF Predicts China Economy Slowing Over Next Four Years
By Evie Steele WASHINGTON —The International Monetary Fund says China’s economic decline is likely to continue over the next four years as the world’s second largest economy deals with a range of challenges from a rapidly aging population, higher unemployment and a property crisis. In a report released on Friday, the global financial policy body […]