Bank Canada China Chinese Communist Covid-19 Currency Economy Finance Investment Li Keqiang Manufacturing Pandemic Renminbi Shanghai Social Media stock market Supply Chain Xi Jinping Yuan
The mismanagement of the severe Covid-19 lockdowns, along with the country's economic collapse, has sparked rumors that President Xi Jinping may resign. Following a meeting of the party politburo standing committee, which is China's collective leadership body, rumors about Xi Jinping stepping down began to circulate. Furthermore, before China restricted it, a video created by a Canadian blogger was making the rounds on social media. In another press conference, Han Wenxiu, the Deputy Director at the Chinese Communist Party's Central Committee office for financial and economic affairs had spoken that the pandemic should be contained with scientific precision, by stabilizing…
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