Chinese Authorities Confiscate $123 Million Worth of ‘Special’ Liquor From Unauthorized ManufacturersThe Chinese communist regime’s Ministry of Public Security announced on June 10 that it seized more than 300,000 bottles of unauthorized “special” and “exclusive” liquors in the past three months, worth 890 million yuan (about $123 million). Some

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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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