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Showing posts with the label CHINA_ECONOMY

Why the country’s economy is stagnant and the steps being taken to revive it – GretAi News

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China’s annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to what the government can do to get the economy out of the woods. The country’s leaders did not shy away from mentioning all of the economic problems facing China. But they also attempted to boost the morale of the Chinese public by outlining how the country would march into the next chapter of the Chinese story – mainly by striving to become a global leader in technology. The government used the meetings to declare that it w...... Read Full article on HadNews

Is TikTok’s parent company an agent of the Chinese state? In China Inc., it’s a little more complicated

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Does the Chinese government have officials inside TikTok’s parent company, ByteDance, pulling the strings? And does the storing of data from the popular social media app outside of China protect Americans? These questions appear to dominate the current thinking in the U.S. over whether to ban TikTok if its owner, Chinese technology giant ByteDance, refuses to sell the platform. But in my opinion – forged through 40 years as a scholar of China, political economy and business – both questions obscure a more interesting point. What’s more, they suggest a crucial misunderstanding of the relationship between state and private enterprise in...... Read Full article on HadNews

Is the United States overestimating China’s power?

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Which country is the greatest threat to the United States? The answer, according to a large proportion of Americans, is clear: China. Half of all Americans responding to a mid-2023 survey from the Pew Research Center cited China as the biggest risk to the U.S., with Russia trailing in second with 17%. Other surveys, such as from the Chicago Council on Global Affairs, show similar findings. Senior figures in recent U.S. administrations appear to agree with this assessment. In 2020, John Ratcliffe, director of national intelligence under President Donald Trump, wrote that Beijing “intends to dominate the U.S. and the rest of the planet...... Read Full article on HadNews