After three years of the COVID-19 pandemic, the financial reserves of the Chinese government (including both central and local governments) were nearly depleted. Considering the actual expenditure needs, the country’s financial situation is in a…
By Ryan McMaken Money supply growth fell again in August, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. August’s drop continues a steep downward trend…
According to a recent news report carried by Nikkei Asia, China has spurned Pakistan’s proposals for inclusion of new projects in its Belt and Road Initiative [BRI]. It was a ‘source-based’ account that mentioned that…