(Bloomberg) An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption, comments that come as an economic recovery falters.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOut of Options and Money, Argentina Presses the Panic ButtonHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Milei Upends Argentin
Reducing China’s rural workforce by 10 percentage points could lead to an increase of 78 million urban workers, according to demographer Cai Fang, with the country facing a demographic crisis caused by a declining population and a rapidly ageing society.
Jeffery Bernard Morris, convicted last month of the brutal murder of poker pro Susie “Q” Zhao, has been sentenced to life in prison without the possibility of parole
The first witnesses took the stand in the Suzie Zhao murder trial, with accused Jeffrey Bernard Morris present in a Michigan court as the prosecution began their case