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China's declining birth rates and marriage registrations pose significant challenges to its economy and social structure. With only 9 million births in 2023, the lowest since 1949, the government is implementing measures to encourage marriage and childbirth amid an ageing population and economic stagnation.
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As Singles' Day 2024 unfolds, major Chinese e-commerce platforms report mixed results amid a backdrop of economic uncertainty. While some sales figures show growth, consumer skepticism about discounts and spending habits indicate a cautious approach to shopping, reflecting broader economic challenges in China.
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Typhoon Kong-rey made landfall in Taiwan on November 1, 2024, causing significant damage, including two fatalities and over 500 injuries. The storm prompted widespread evacuations and closures, with authorities urging residents to stay indoors. As the typhoon moves northeast, it is expected to impact parts of China, including Zhejiang province.