Chiangraitimes

The Silent Dragon: China Experiences Its Worst Dragon Boat Festival in History

The Dragon Boat Festival usually brings pounding drums, cheering crowds, and bustling city streets. This year, however, an eerie and unsettling silence has settled over many of China’s most vibrant regions. Instead of packed riverbanks and sold-out restaurants, local businesses are staring at empty tables and quiet sidewalks. The sharp decline in holiday activity points […]

The post The Silent Dragon: China Experiences Its Worst Dragon Boat Festival in History first appeared on Chiang Rai Times.

2026 Fiscal Reports Reveals a Nationwide Financial Crisis in China

BEIJING, China – In the first quarter of 2026, a financial earthquake struck Beijing—though you will not hear much about it on state-run television. Chinese provinces quietly released their first-quarter fiscal reports, revealing a shocking and unprecedented signal: all 28 provincial-level regions that reported their data had fiscal self-sufficiency rates below 100%. Simply put, almost […]

The post 2026 Fiscal Reports Reveals a Nationwide Financial Crisis in China first appeared on Chiang Rai Times.

The Slow-Motion Crisis: China’s Economic Miracle is Hitting a Wall

BEIJING – For decades, China’s economy looked like a perfect, unstoppable miracle. Gross Domestic Product (GDP) soared year after year. New skyscrapers appeared in massive cities, and property prices exploded to record highs. But behind this shiny surface, a different reality was taking shape. According to prominent Chinese economist Zhou Qiren, the true story is […]

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Sink or Swim: China’s 4 Bold Moves to Save its Economy

BEIJING - China’s economic engine is sputtering. For decades, the world watched in awe as the country pulled off an economic miracle. They built mega-cities in months. They dominated global trade. They minted billionaires at a dizzying pace.

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China Slashes Key Interest Rates in Bid to Revive Struggling Economy

BEIJING — China’s central bank, the People’s Bank of China (PBOC), lowered its main interest rates on Tuesday, 20 May 2025, making its first cuts since October 2024.

The post China Slashes Key Interest Rates in Bid to Revive Struggling Economy first appeared on Chiang Rai Times.

China in Crisis, Xi Jinping Faces Mounting Internal Challenges

China's President Xi Jinping is facing a troubled nation as economic setbacks, rising unrest, and power struggles put his authority to the test. The Communist Party, once unshakable, now shows signs of weakness.

The post China in Crisis, Xi Jinping Faces Mounting Internal Challenges first appeared on Chiang Rai Times.

China’s Marriage Rate Drops to Historic Low in 2024, While Divorces Rise

Despite the government's extensive efforts to encourage young people to marry and have children to halt the demographic decline in the world's second-largest economy, the number of new marriages recorded in China fell to a record low last year.

The post China’s Marriage Rate Drops to Historic Low in 2024, While Divorces Rise first appeared on Chiang Rai Times.

Oil Prices Surge Over $1 as Investors Eye China’s Economic Growth and Fuel Demand in 2025

Oil prices finished up by more than one dollar a barrel on Thursday as investors returned for the first trading day of 2025. They did so with an optimistic eye on China's economy and fuel demand, following President Xi Jinping's vow to promote…

The post Oil Prices Surge Over $1 as Investors Eye China’s Economic Growth and Fuel Demand in 2025 first appeared on Chiang Rai Times.

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