By Yi Fuxian, Project Syndicate | March 11, 2025
No matter what China does, its economy’s momentum will be sapped by an aging, shrinking labor force, past overdrafts of public spending, and weak consumption. While the country is often now compared to Japan three decades ago, its outlook is actually much bleaker.
Every concession since Busan was for one photograph. The photograph was for his fourth term.
If enacted, the Chinese CBDC Prohibition Act would prohibit money services businesses from engaging in any transaction that involves a central bank digital currency issued by China.
Every concession since Busan was for one photograph. The photograph was for his fourth term.
Established in the early months of the second Trump administration and initially led by Elon Musk, DOGE set out to eliminate waste, fraud, and inefficiency in federal spending
The debate is not whether to stop changing the clocks every March and November. Most people, including members of Congress and Secretary of State Marco Rubio, despise the biannual switch. It’s which “version” of time to keep.
