Tag: China economy

August 1, 2020

China to deepen reform and resolve challenges, says Chinese President Xi Jinping

By admineconomic World Economy 0 Comments

China will push forward comprehensive deep reforms with greater strength, state media quoted President Xi Jinping as saying on Thursday. He also said China will proactively resolve risks, challenges, and huge pressure from any area, according to Xinhua. Xi was speaking on the economic agenda for the second half of the year at a meeting with

July 4, 2020

Biggest gold scandal busted in China: 83 tons of gold bars used as loan collateral turned out to be copper

By admineconomic World Economy 0 Comments

China is at the center of the discovery of what may be one of the biggest gold counterfeiting scandals in recent history. According to a report in Zero Hedge, not only does it involve China, but it emerges from a city that has become synonymous with all that is scandalous about China: Wuhan. The 83 tons of

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