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Chinese officials have reportedly urged the operators of Red Note to restrict access for Chinese users to the posts made by U.S.-based users. This dilemma showcases the ongoing tension between the Chinese government’s desire for information control and its efforts toward projecting a more open image to foreign audiences.
Economic Outlook: Bleak Signals from Washington
Another critical focal point of today's update comes from the U.S. Capitol, where President-elect Trump's nominee for treasury secretary, Scott Bessent, has expressed starkly bearish views on China's economic future, labeling it as being “in a recession, if not a depression.”