Xi just fired China's top markets regulator. It shows his focus is still on control above all else.
China replaced its top markets regulator late on Wednesday following news Xi was to meet with the agency amid a deep market rout.
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Beijing refuses to admit its economy has broken down — and that's one reason officials are failing at fixing it, researchers say
China reported GDP growth of 5.2% in 2023. But, it has been in a running battle to roll out extraordinary support measures, said the Rhodium Group.
Read MoreWhy a Donald Trump presidency could cause an inflation spike
Trump's trade policies to weaken the US's dependence on China could boost prices for American consumers.
Read MoreUS debt and dollar risks mean China should cut its Treasury holdings, a former PBOC advisor says
China should limit its exposure to the dollar and US debt risks, a former Chinese central bank official said in a speech.
Read MoreElon Musk says China is Tesla's biggest rival in the EV war
The billionaire said that China is by far Tesla's most competitive market, as BYD prepares to eclipse Tesla as the world's biggest electric carmaker.
Read MoreChina's fighter jet fleet is growing in size and appears to have made a big jump in capability, new Pentagon report shows
The Pentagon's new report on China's highlights its growing military might, including the addition of 500 fourth-gen jets to its fighter jet fleet.
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