2024-09-05T06:57:08Z
节目标题:Chinese Offshore Gambling Workers Face Visa Revocation as Industry Collapses；China’s Economic Indica
节目介绍：Welcome to our 《Chinese Finance and Economy Briefing》 program! Today’s news brings us some significant updates from the world of finance and economy. First up, the Philippine government is taking a bold step by revoking work visas for tens of thousands of Chinese citizens involved in the offshore gambling industry, aiming to eliminate this sector by the end of 2024. With many workers now seeking alternative employment, this move is set to shake up the job market in Southeast Asia.
In other news, China’s economy is showing mixed signals as recent PMIs reveal a decline in manufacturing and challenges in sustaining growth. While the non-manufacturing sector remains in expansion, concerns about the construction industry and overall economic momentum have led analysts to lower GDP growth forecasts. It’s a critical time for China as it navigates these economic hurdles.
Lastly, a landmark deal between Alibaba and Tencent is set to change the landscape of digital payments in China. With WeChat Pay being accepted on Taobao and Tmall, consumers will now have more flexibility in their purchasing options. This collaboration comes as both companies respond to regulatory pressures and aims to enhance the overall user experience. Please stay tuned for more detailed coverage on these exciting developments!
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