China news 2021 roundup: China’s extreme virus control measures; US-China relations in 2021
[video=youtube_share;WBJZh4Tp6FA]https://youtu.be/WBJZh4Tp6FA[/video]
In this episode, we take a look at the biggest China news stories in 2021.
We begin with the virus outbreaks in China, where the regime has taken the so-called “zero tolerance” control philosophy. It has not stopped outbreaks from sporadically springing up once in a while, but it has caused pushback among Chinese citizens—although such pushback often disappears from the public eye very quickly due to the regime’s strong censorship.
Another big story this year was Evergrande and the role China's real estate sector plays in China's economy. The sector accounts for about a quarter of China's GDP and is a major force driving economic growth. A renowned Chinese economist estimated in November that if the regime doesn't change its policy direction, in another three to six months, more than 60 percent of Chinese private real estate firms may face abnormal cash flow or even debt defaults.
[video=youtube_share;WBJZh4Tp6FA]https://youtu.be/WBJZh4Tp6FA[/video]
In this episode, we take a look at the biggest China news stories in 2021.
We begin with the virus outbreaks in China, where the regime has taken the so-called “zero tolerance” control philosophy. It has not stopped outbreaks from sporadically springing up once in a while, but it has caused pushback among Chinese citizens—although such pushback often disappears from the public eye very quickly due to the regime’s strong censorship.
Another big story this year was Evergrande and the role China's real estate sector plays in China's economy. The sector accounts for about a quarter of China's GDP and is a major force driving economic growth. A renowned Chinese economist estimated in November that if the regime doesn't change its policy direction, in another three to six months, more than 60 percent of Chinese private real estate firms may face abnormal cash flow or even debt defaults.