China's Manufacturing Sector Expands Less Than Expected

Because the Chinese economy is already back to pre-pandemic levels, quarter-on-quarter growth for the rest of the year is expected to be relatively modest. This will, eventually, make monetary and fiscal policies come back to a more neutral stance, though taking special measures to help small and medium businesses is still not out of the root map.

There is currently a huge controversy concerning the origins of the COVID-19 virus. According to a study, the virus was man-made and produced in a Wuhan lab, and there is evidence to back such a claim. The US government has recently focused on questioning the Wuhan Institute of Virology's role and is currently demanding further investigation. The Chinese government is accusing its US counterpart of spreading conspiracy theories.

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