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After the Evaporation of 160 Trillion in Wealth, Only Extreme Budget Travel Remains for the May Day Holiday

China

The strategy of relying on the "Golden Week" to stimulate domestic demand is increasingly losing its effectiveness. This year's "May Day" holiday showcases a stark contrast: tourist attractions are teeming with visitors, and transportation hubs are overwhelmed with congestion; however, this bustling scene is largely disconnected from any real boost in domestic demand, as consumer data reveals a concerning trend....

Xi's Failed Attempt to Undermine Taiwan Has Instead LED to the Island Gaining Significant Recognition in Africa

China

The Chinese Communist Party previously pressured three African nations to deny Taiwan's special aircraft access to their airspace in an effort to obstruct President Lai Ching-te's visit. However, good news emerged in early May, as Lai successfully broke through Beijing's blockade and arrived in the friendly nation of Eswatini on the 2nd to commence a state visit, much to the dismay of the Chinese Communist Party....

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