Beijing, July 22, 2024 – The 1115th issue of Caixin Weekly, a prominent Chinese financial and political magazine, has been released. This latest issue covers a range of significant economic and political topics, including the U.S. midterm elections, China’s economic slowdown, and the challenges faced by the non-bank payment industry.
Key Highlights of the Issue
1. U.S. Midterm Elections: A Pivotal Moment
The cover story of the 1115th issue delves into the U.S. midterm elections, analyzing the potential impact of the assassination attempt on former President Trump and the possibility of President Biden reversing his fortunes. The article examines the strategies and tactics employed by both political parties and the potential outcomes of the upcoming elections.
2. China’s Economic Slowdown: Causes and Solutions
The issue also addresses China’s economic slowdown, focusing on the factors contributing to the decline in economic growth and the challenges faced by the country. The article highlights the impact of insufficient effective demand, the slowdown in residents’ income growth, and the need for policy support to stabilize economic growth in the second half of the year.
3. Non-Bank Payment Industry: Challenges and Opportunities
The special report section of the issue focuses on the non-bank payment industry, exploring the challenges and opportunities it faces. The article examines the rapid expansion of the industry and its potential to reshape China’s cross-border payment landscape. It also discusses the regulatory challenges and the need for industry players to adapt to changing market conditions.
Other Key Articles
- Opinion: Stimulating Consumption Requires Comprehensive Measures: This article argues that for the people to consume more and dare to consume, their living standards need to be raised to a new level. Reform will bring more sense of gain, happiness, and security.
- Current Affairs: Where to Go after the Consequences of Crime: This article discusses the significant impact of the consequences of crime and the need for improvements in the legal system. It also examines the issue of implicit joint liability and the need for better solutions.
- Finance: Where Does Patient Capital Come From: This article analyzes the rise of private equity funds in China and the increasing role of state-owned and government-guided funds. It also discusses the non-market behavior of some fund managers and the need for more stringent regulations.
Conclusion
The 1115th issue of Caixin Weekly provides valuable insights into key economic and political issues facing China and the world. With its comprehensive coverage of a wide range of topics, the magazine continues to be a go-to source for informed analysis and commentary on important developments.
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