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Great Reset. The Great Reset Initiative is an economic recovery plan drawn up by the World Economic Forum (WEF) in response to the COVID-19 pandemic. [1] The project was launched in June 2020, and a video featuring the then-Prince of Wales Charles was released to mark its launch. [2] The initiative's stated aim is to facilitate rebuilding from ...
Property sector crisis. In August 2020, the Chinese government enacted new regulations on the amount of debt property developers can incur. The new regulations affected Evergrande Group, China's second-largest property developer, and the Chinese real estate market as a whole. [5] In addition, the Chinese shadow banks, such as Sichuan Trust ...
China's leadership is relying on an export surge to revive slumping growth, but those policies won't extract the world's second largest economy from the malaise that it's in, a top China watcher said.
The COVID-19 pandemic was a pandemic of Coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2); the outbreak was identified in Wuhan, China, in December 2019, declared to be a Public Health Emergency of International Concern from 30 January 2020 to 5 May 2023, and recognized as a pandemic by ...
The Chinese economy is still growing, to the tune of 5.2% last year, according to official data. That compares with average annual growth of about 7% last decade, and more than 10% in the 2000s ...
A series of protests against COVID-19 lockdowns began in mainland China in November 2022. [6] [4] [7] [8] [9] Colloquially referred to as the White Paper Protests (Chinese: 白纸抗议; pinyin: Bái zhǐ kàngyì) or the A4 Revolution (Chinese: 白纸革命; pinyin: Bái zhǐ gémìng), [10] [11] the demonstrations started in response to measures taken by the Chinese government to prevent the ...
According to data from IT Juzi cited in the report, the number of companies founded in China so far this year is just 260, on track to dip below 2023's tally of 1,202 and a 99% decline from a peak ...
The COVID-19 pandemic in mainland China is part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). China was where the first COVID outbreak occurred, the first where authorities imposed drastic measures in response (including lockdowns and face mask mandates ...