China's Zero Covid Protests Spread, PBOC Injects Billions

#ChinaNews #ZeroCovid #chinaprotests

China news was dominated this week by massive protests, calling for President Xi Jinping’s resignation, amidst a slowing economy and widespread lockdowns. The People’s Bank of China (PBOC) sought to stimulate the economy, injecting an additional $70 Billion, which was seen as a reversal of China’s anti-inflationary stance.

Links:

China Covid Unrest Boils Over as Citizens Defy Lockdown Efforts:

China protests send global stocks lower as strategists see Covid disruption persisting:

China protests over lockdown measures could mean inflation gets stuck at 4% amid supply chain disruptions, Mohamed El-Erian says:

China lockdown: Crowds angered by strict COVID measures call for President Xi to resign:

PBOC Boosts Stimulus to Support Covid-Hit Economy:

Protests against Covid controls erupt across China:

China’s ‘Slow, Painful’ Reopening Threatens More Economic Strain:

China moves to crush protests with students sent home, police on patrol:

Chinese universities send students home en masse after weekend protests:

China’s Covid crisis demands terrible choices. The world will suffer if this goes wrong:

Apple shares slip on report iPhone production taking a big hit from unrest at factory in China:

China’s ‘Slow, Painful’ Reopening Threatens More Economic Strain:

China Covid: Chinese protesters say police seeking them out:

Covid restrictions lifted in Guangzhou and Chongqing after China protests:

PBOC’s Warning on Inflation Signals Policy Easing May Be Limited:

China’s Covid-Hit Economy Leaves Door Open for PBOC Easing:

China likely ‘very worried’ over zero-COVID protests, experts say. What’s going on?:

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[dominusdevacore]

China has free elections? What do free elections look like? I'm in the west so I have no idea.

[CanadaTop]

Hi Mark,
I think you should start a new channel specifically for global economy and have this channel solely for Canadian real estate & mortgages. The difference in view count of China specific videos & other videos is suggesting the same.

[TheWhiteAfghan]

Don't fall for the red team blue team bs. Both teams are on the same side which is against YOU. If voting could make a change you wouldn't be allowed to vote..

[parkerbohnn]

Hopefully the lockdown will mean less Chinese coming to Canada.

[dazq]

More on communist China CCP news please.

[romeoca]

In China the election is not based on popularity generated by injection of funds for creative advertising. More funds means more effective advertising to help elect the candidate. In Chinese democracy the candidate groomed to serve the country whoever shows promising capabilities is moved upwards and over time reaches to the higher ranks to serve the nation. Current President Xi jin Ping joined the CCP (Chinese Communist Party) after several failed attempts and worked as the local party secretary. After studying chemical engineering at Tsinghua University as a worker-peasant-soldier student, Xi rose through the ranks politically in China's coastal provinces. Xi was governor of Fujian from 1999 to 2002, before becoming governor and party secretary of neighboring Zhejiang from 2002 to 2007. Following dismissal of the party secretary of Shanghai, Chen Liangyu, Xi was transferred to replace him for a brief period in 2007. He subsequently joined the Politburo Standing Committee (PSC) of the CCP the same year and served as first secretary of the Central Secretariat in October 2007. In 2008, he was designated as Hu Jintao's presumed successor as paramount leader; to that end, Xi was appointed vice president of the PRC and vice chairman of the CMC. He officially received the title of leadership core from the CCP in 2016.