China races to squelch unrest as signs of economic malaise spread
China Races to Squelch Unrest as Signs of Economic
Faced with rising social frustrations and public unrest, China’s leaders are ramping up security measures and squelching discordant views on the country’s economic health. A spate of deadly attacks in China in recent weeks—including mass stabbings and car-ramming incidents—has unnerved officials and ordinary people alike, raising concerns that stagnating growth has played a role in fueling unrest and even outbursts of violence, amid an increase in public protests over economic grievances. China’s top prosecutor urged officials to better protect the rights of low-income workers, job-seeking graduates and vulnerable groups such as the elderly as a way to “strictly prevent extreme cases from happening.”
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China’s economy logged a mixed performance in November, the monthly government update said Monday, with retail sales slowing as consumers held back on spending on non-essentials like cosmetics, alcohol and clothing.China races to squelch unrest as signs of economic malaise spread
Officials said the economy was generally stable with positive signs including a slight improvement in the property sector.China races to squelch unrest as signs of economic malaise spread
nal environment is more complicated, domestic demand is insufficient, some enterprises are facing difficulties in production and operation, and the foundation for the sustained recovery of the economy still needs to be consolidated,” Fu Linghui, a spokesperson for the National Bureau of Statistics told reporters.
The Reserve Bank of Australia’s monetary policy board is expected to operate with greater transparency, deepen debate and actively challenge the central bank’s policy stance when necessary.