Millions of Chinese borrowers have been blacklisted for failing to pay their debts and are mostly between the ages of 18 and 59, Voice of America (VOA) reported.
Beijing [China], October 20 (ANI): As Chinese leader Xi has put a premium on national security and politics, its side effects are seen in terms of slowing economic growth and employment in the country.
Beijing [China], October 20 (ANI): Xi Jinping's strict zero-Covid policy has resulted in an economic slump not only in China but also in the Asian region as the Chinese President's authoritarianism has brought down the growth prospects toward zero.
Beijing [China], October 8 (ANI): Ahead of 20th National Party Congress in which Xi Jinping is set to secure a third term in power, the Chinese authorities have scaled up the restrictions locking down regions and cities and mandating quarantines, disrupting lives of people and drawing widesp
New Delhi [India], September 15 (ANI): Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing slowdown in the OECD region, global energy body International Energy Agency said in its latest report.
Beijing [China], May 9 (ANI): Due to rising COVID-19 infections in China and the enforcement of the Zero-Covid policy by Xi Jinping, global supply chains have taken a hit as Shanghai is the main export centre of China.