Consumption doldrums see hairy crab prices down in China on eve of ‘golden week’ holiday

Consumption doldrums see hairy crab prices down in China on eve of ‘golden week’ holiday

As China’s National Day holiday approaches, prices of hairy crabs, one of the most popular seasonal gifts at this time of the year, are down markedly as the first batches are delivered to markets across the country. Industry insiders predict that prices will fall further, citing higher production, shrinking gift-giving demand and weak household spending….

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Micah McCartney

China Reacts to Trump’s $14B TikTok Takeover

China has responded to President Donald Trump’s executive order approving a $14 billion deal to restructure TikTok’s operations in the United States. The move followed Trump’s announcement that Chinese leader Xi Jinping had signed off on the deal during their recent talks. Why It Matters TikTok, with more than 170 million U.S. users, has become…

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