China's Economic Slowdown Continues Amid Layoffs and Manufacturing DeclineFollowing layoff announcements from ByteDance, the parent company of TikTok, and Chinese e-commerce giant Alibaba, the latest official survey data show that the manufacturing sector contraction continues from October, signaling a continuation of China’s economic

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 Patients line up for an emergency pre-check at the new pediatric building of Xinhua Hospital in Shanghai, China, on Sept. 25, 2023. The emergency and nightcare outpatient hall is crowded with children and family members waiting for treatment. (CFOTO/Future Publishing via Getty Images)Five major Chinese pharmaceutical companies recently announced that Beijing approved their newly developed COVID-19 vaccines for “emergency use” amid the fast-worsening pneumonia outbreak in China. Meanwhile, authorities have reinstated COVID-19 control measures,

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