China’s leaders pledged on Thursday to open the country’s coffers wider and provide a much-needed jolt to domestic demand in a statement issued after this year’s central economic work conference. This would be accomplished, they said, by raising the fiscal deficit ratio and increasing the issuance of treasury bonds in the coming year. The world’s … Read more
This is the latest instalment in a feature series reflecting on instances of East meets West in world cinema, including China-US co-productions. In the mid-1980s, Jackie Chan was one of the biggest stars in Asia. But while his films regularly topped the Hong Kong box office, he just could not crack America. After the disappointments … Read more
But new industries had to be ready before older ones were phased out so the country’s economic recovery could be consolidated and long-term economic stability reached. 11:11 The reasons behind China’s high youth unemployment rate The reasons behind China’s high youth unemployment rate Throughout the address carried by all state broadcast media, the president painted … Read more
