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Official Data Reveals an Economic Crisis: Profitable Sectors Do Not Need Workers, While Those That Do Are Losing Money
China

Official Data Reveals an Economic Crisis: Profitable Sectors Do Not Need Workers, While Those That Do Are Losing Money

According to data released by the National Bureau of Statistics of the Communist Party of China on July 27, the growth rate of industrial profits for enterprises above designated size slowed from 21.1% in May to 15.1% in June. Profits in the first half of the year increased by 18.7% year-on-year, co

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Ominous Celestial Signs Persist, With Widespread Floods and Epidemics Across the Country, Marking a High-Risk October for Xi Jinping.

Ominous Celestial Signs Persist, With Widespread Floods and Epidemics Across the Country, Marking a High-Risk October for Xi Jinping.

China

Since June and July, mainland China has faced a series of disasters from south to north, including earthquakes, mudslides, and droughts. Notably, heavy rainfall in various regions, coupled with the Chinese Communist Party's unannounced flood releases, has resulted in severe flooding in Guangxi, Jilin, Liaoning, Heilongjiang, Hebei, Chongqing, Guizhou, Guangdong, Jiangxi, Sichuan, and Gansu, leading to significant losses....

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