Tens of millions head home for China holidays as Xi flags Covid worry
China’s transport authorities have predicted that more than two billion trips will be made this month into February in one of the world’s largest mass movements of people.
China’s economy grows at slowest pace in decades but beats forecasts
Beijing’s rigid adherence to its zero-Covid strategy of strict containment that effectively shut the country off from the world hammered business activity last year and threw supply chains offline, rattling the global economy.
China population shrinks for first time in over 60 years
The last time China’s population declined was in 1960, as the country battled the worst famine in its modern history, caused by the disastrous Mao Zedong agricultural policy known as the Great Leap Forward.
Chinese tech giant Tencent fires more than 100 for fraud, embezzlement
The Hong Kong-listed company is the world’s top video game maker and the owner of popular super-app WeChat but has struggled under a broad regulatory crackdown on China’s tech sector initiated in late 2020.