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Hong Kong's Diminishing Freedom

In Hong Kong's largest national-security trial, 45 pro-democracy activists, part of the "Hong Kong 47," have been sentenced to four to ten years in prison for organizing an unofficial primary election in 2021. The trial has been criticized as politically motivated, with 14 found guilty of conspiracy to commit subversion, 31 pleading guilty, and two acquitted.

1 year ago•Source: The Economist

Xi Jinping Rallies Party and Entrepreneurs for Economic Reform

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1.255 min•1 year ago

Xi Jinping Rallies Party and Entrepreneurs for Economic Reform

Xi Jinping is concerned about the decline in Chinese startups achieving unicorn status and is seeking to revive entrepreneurial spirit to boost economic growth and technological self-sufficiency. Recent figures show a significant slowdown in GDP growth, adding to the urgency. Despite previously leading in unicorn creation, China has seen a sharp decline in new billion-dollar startups compared to the U.S. and previous years.

via The Economist

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