economy - Page 10

China Panics over Tanking Economy

China’s state-run Global Times on Thursday strove to portray an “unprecedented national video teleconference on stabilizing the economy” with over 100,000 participants held by the State Council as the Communist government putting a firm hand on the economic tiller, but it looked more like a sign of growing panic in the regime.

A workers on a construction site for a city park which will be completed before National D

Chinese Premier Sounds Alarm on Tanking Economy

Chinese Premier Li Keqiang on Wednesday told regional governors to take faster, stronger measures to stabilize the economy – a significant deviation from Beijing’s previous assurances that coronavirus lockdowns were not interfering with economic growth.

Li Keqiang

Xi Jinping’s Attack Dog Yang Jiechi Claims Chinese Economy ‘Steady’ as Lockdowns Destroy Growth

High-ranking Chinese Politburo official Yang Jiechi – the hardline attack dog China unleashed against a stunned Biden administration back in March 2021 – penned an op-ed for Chinese state media on Monday in which he insisted, despite copious evidence to the contrary, that China’s economy is doing just fine despite the grueling coronavirus lockdowns imposed on Shanghai and other cities.

Yang Jiechi (Frederic J. Brown / Pool / AFP / Getty)

China Announces Slow Lifting of Brutal Shanghai Lockdown

Shanghai officials announced in a press conference on Sunday that they would begin to lift the month-long total lockdown of China’s largest city “in phases,” claiming only some businesses would enjoy the right to function and leaving open the possibility for a renewed mass house arrest order at any time.

Shanghai Lockdown

Shanghai Lockdown Causes Toyota to Halt Production at 8 Plants

Toyota Motor Corp. will suspend the operation of 14 production lines across eight factories in Japan for nearly one week later this month as part of the Japanese automaker’s effort to cope with a microchip shortage caused by a month-plus Chinese coronavirus lockdown of Shanghai, China, Kyodo News reported Wednesday.

Workers assemble fourth generation Toyota Prius cars on the production line at the company

Exclusive – Veteran Entrepreneur Colin Wayne Says Biden’s Economy Taking Toll on Small Business: ‘It’s Worse than I’ve Ever Seen It’

Colin Wayne — a veteran, entrepreneur, and founder of Redline Steel, described by host Alex Marlow as a “made-in-America success story” — spoke to Breitbart News Daily about his background and beliefs, and his struggles as a small business owner in President Biden’s America, stressing the importance of the “silent majority” speaking out.

courtesy of Colin Wayne

Sri Lanka Declares Second State of Emergency in a Month

Sri Lankan President Gotabaya Rajapaksa declared a state of emergency order on Friday night — his second such act since April 1 — after violent protests demanding Gotabaya’s ouster gained renewed momentum in Colombo earlier that same day, Sri Lanka’s Daily Mirror newspaper reported.

Police use a water canon to disperse university students protesting to demand the resignat

Mozambique Rejects United Nations Call to Abandon Coal

Mozambique’s energy ministry recently said it will not comply with a United Nations (U.N.) campaign seeking to pressure countries worldwide to abandon their coal industries for supposedly “cleaner” energy options, the state-run Mozambique News Agency (AIM) reported on Wednesday.

borders