China’s Falling PMI, Local Government Deficits Point to Failure of Fiscal Stimulus: ExpertNews Analysis China’s Purchasing Managers’ Index (PMI), or factory activity, fell below the 50th percentile benchmark last month, signaling a contraction in the manufacturing sector. One China market observer pointed out that Beijing’s efforts to stimulate

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The U.S. Department of Homeland Security (DHS) added three Chinese entities to its list of companies suspected of relying on the forced labor of China’s Uyghur ethnic minority. Congress passed the Uyghur Forced Labor Prevention Act (UFLPA) in 2021 to prevent

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