China’s economy is facing a dangerous confluence of inflation, where the value of the currency decreases, and stagnation, where the economy is stagnant, or stops growing. This phenomenon is called stagflation, and it’s a perfect economic storm that no country’s leader wants to see. In a scandal of monumental proportions, Chinese tennis player Peng Shuai has accused a former Politburo Standing Committee member of sexual assault. And China sent a record number of planes into Taiwan’s air defense zone in October, an escalation in its aggressive claims that Taiwan is part of mainland China. Watch this episode of China Uncensored for that and more of this week’s China news headlines.
China’s Communist Party Crumbles! Factional Infighting Heats Up https://www.youtube.com/watch?v=59US114ANxs&t=2s
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