FEATURED
LAKAS PILIPINAS
- July 23, 2023
453 views 3 min

Facing Job Scarcity in China, Some Find Work as “Full-Time Children”

Facing Job Scarcity in China, Some Find Work as "Full-Time Children"

In recent years, China has experienced a significant rise in job scarcity, prompting an intriguing and concerning response: the emergence of “full-time children.” This unique phenomenon involves adults finding work as surrogate children or companions for parents and elderly adults. The trend has gained momentum amidst economic challenges, rapid urbanization, and a growing aging population. […]

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FEATURED
LAKAS PILIPINAS
- July 23, 2023
763 views 3 min

China Publishes Then Deletes Official COVID Data Indicating Over 1 Million More Deaths Than Reported

China Publishes Then Deletes Official COVID Data Indicating Over 1 Million More Deaths Than Reported

During an undisclosed date, the Chinese National Health Commission released updated COVID-19 data, indicating a significant increase in the number of deaths attributed to the virus. The figures pointed to over one million additional COVID-related deaths in China, surpassing previous estimates. However, the data was promptly taken down from official channels, leaving the world puzzled […]

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FEATURED
LAKAS PILIPINAS
- July 22, 2023
963 views 2 min

Ten Killed After School Gymnasium Roof Collapses in China

Ten Killed After School Gymnasium Roof Collapses in China

The incident took place at the Xinghua Primary School in a remote town in China. The school was a hub of activity as students were going about their daily routines when the calamity struck. The roof of the gymnasium suddenly caved in, trapping many underneath the debris. Rescue teams, along with local authorities, were immediately […]

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FEATURED
LAKAS PILIPINAS
- July 11, 2023
1,042 views 2 min

China’s Producer Price Fall Further, Consumer Inflation Unexpectedly Flat in June

China's Producer Price Fall Further, Consumer Inflation Unexpectedly Flat in June

China’s Producer Price Index (PPI) continued its downward trajectory in June, marking a further decline. Factors such as weakened global demand, rising raw material costs, and excess production capacity have contributed to this fall. Sectors like manufacturing, mining, and raw material extraction have been particularly affected. The continuous decrease in producer prices puts pressure on […]

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FEATURED
LAKAS PILIPINAS
- July 11, 2023
913 views 2 min

A $28 Billion Wave of Selling Pressure Threatens China Stocks

A $28 Billion Wave of Selling Pressure Threatens China Stocks

Several factors have contributed to the mounting selling pressure in China’s stock market. Firstly, regulatory crackdowns by the Chinese government in sectors such as technology, education, and fintech have created uncertainty and investor anxiety. Secondly, the Evergrande Group, one of China’s largest property developers, is facing a severe debt crisis, leading to fears of a […]

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FEATURED
LAKAS PILIPINAS
- July 10, 2023
508 views 2 min

‘Contempt’: WeChat Warned Over Failure to Front Australian Parliament

'Contempt': WeChat Warned Over Failure to Front Australian Parliament

WeChat, developed by Tencent, has become a ubiquitous platform used by millions worldwide. Its extensive user base and influence have drawn attention to its role in disseminating information and potential implications for democratic processes. However, WeChat refused to send representatives to testify before the Australian Parliament as part of an inquiry on foreign interference, citing […]

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FEATURED
LAKAS PILIPINAS
- July 10, 2023
590 views 2 min

China’s Factory Gate Prices Plummet, Registering the Fastest Decline in 7 Years

China's Factory Gate Prices Plummet, Registering the Fastest Decline in 7 Years

China’s factory gate prices have experienced a significant decline, marking the sharpest drop in seven years. This decline can be attributed to multiple factors. Firstly, the global economic slowdown, exacerbated by the COVID-19 pandemic, has led to decreased demand for Chinese goods. Lower demand often translates into reduced prices as manufacturers adjust to market conditions. […]

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FEATURED
LAKAS PILIPINAS
- July 9, 2023
969 views 2 min

Taiwan’s New Mumbai Office Highlights Growing Ties with India

Taiwan’s New Mumbai Office Highlights Growing Ties with India

With both countries recognizing the immense potential for collaboration, the establishment of this office The inauguration of Taiwan’s new office in Mumbai reflects the shared commitment of both nations to deepen their economic partnership. India’s status as one of the world’s fastest-growing economies presents abundant opportunities for Taiwanese businesses to invest and expand their operations. […]

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FEATURED
LAKAS PILIPINAS
- July 8, 2023
1,075 views 2 min

Yellen ‘Troubled’ By China’s Treatment of Foreign Firms: Implications and Concerns

Yellen 'Troubled' By China's Treatment of Foreign Firms: Implications and Concerns

Foreign firms operating in China encounter obstacles such as unequal market access, inadequate intellectual property rights (IPR) protection, state-subsidized competition, and technology transfer requirements. These challenges inhibit fair competition, jeopardize innovation, and create an uneven business environment. China’s treatment of foreign firms has wide-ranging implications. It can dampen foreign investment, lead to trade tensions, trigger […]

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FEATURED
LAKAS PILIPINAS
- July 8, 2023
844 views 2 min

Why China Has a Giant Pile of Debt: Understanding the Factors and Implications

Why China Has a Giant Pile of Debt: Understanding the Factors and Implications

China’s high GDP growth rates have relied on debt-fueled investment. The government implemented stimulus measures, including infrastructure spending and easy credit availability, to maintain economic expansion. While these policies facilitated growth, they also led to a surge in borrowing. China’s massive infrastructure projects, such as high-speed rail networks and urban development, have been instrumental in […]

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