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China

Wang Huning's Major Blunder in Xinjiang

According to a source connected to a provincial-level official, Wang Huning, a member of the Standing Committee of the Political Bureau of the Communist Party of China and Chairman of the National Committee of the Chinese People's Political Consultative Conference, recently made a significant ga

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Mid-Autumn Mooncake Market Cools: Consumption Downgrade and Food Safety Concerns

China

Mooncakes, as an iconic mass-consumption food, not only carry deep cultural significance but have also become a barometer of holiday consumer spending. The supply and sales of mooncakes are often closely tied to the economic cycle. During economic booms, they transform into high-end social status symbols; during economic downturns, they directly expose the awkward reality of shrinking consumption. Mooncake sales are like stock market candlestick charts, revealing the mood of ordinary people’s wallets at a glance....

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