PRI Policy Alert

View this email in your browser ([link removed])
[link removed]
Will China's 'Doom Loop' Economy Trigger the Next Great Depression?
The Gordon Chang Report | October 10, 2024 | Gordon Chang

There are, despite the assurances, concerns both inside and outside China. As the New York Times reported in September, “China’s economy is confronting a crisis unlike any it has experienced since it opened its economy to the world more than four decades ago.”

The crisis is evident. More than a million restaurants in China have closed since the beginning of this year according to Canguanju, a news service for China’s catering industry. “Chinese Offices Emptier Than During Covid Pandemic as Slowdown Hits,” a Financial Times headline from late August tells us. In the all-important property sector, the value of new home sales of the 100 biggest developers fell 37.7% year-on-year in September, steeper than August’s 26.8% drop. Duty-free sales in Hainan Island, a major tourist destination, in the first seven months of the year plunged 30.4%. Summer box office revenue was down 40.9% from last year.

China’s technocrats are evidently worried. At the end of last month, the Ministry of Civil Affairs announced one-time cash handouts to “people in extreme poverty, orphans, and others in need.”
Read more . . . ([link removed])
[link removed]

[link removed]

Vance's Argument on Preexisting Conditions is a Sure Winner
Newsmax | Sally Pipes | October 8, 2024

The health policy vision Vance outlined would leave chronically ill patients better off than they are under Obamacare. And it would do so while reducing costs and expanding coverage options for healthier patients.

Read more... ([link removed])

------------------------------------------------------------

Murdering the First Amendment, California Style
Right by the Bay | Kerry Jackson | October 11, 2024

The powers in Sacramento, in the cities and counties along the coast, and in the universities have become the censors their parents and grandparents warned them about.

Read more... ([link removed])

You are invited to attend the:

PRI and Claremont Institute Present a Festschrift Dinner Celebration for Charles R. Kesler

Thursday, December 12, 2024
6:15PM at The Pacific Club

4110 Macarthur Boulevard
Newport Beach, CA

For more information on the event and the amazing list of speakers, please visit the registration page below.

[link removed]
[link removed]

============================================================
** Twitter ([link removed])
** Facebook ([link removed])
** YouTube ([link removed])
** LinkedIn ([link removed])
** Instagram ([link removed])
** Website ([link removed])
Copyright © 2024 *Pacific Research Institute*, All rights reserved.
You are receiving this email because you opted in via our website.

Our mailing address is:
P.O. Box 60485 Pasadena, CA 91116

** ([link removed])

Want to change how you receive these emails?
You can ** update your preferences ([link removed])
or ** unsubscribe from this list ([link removed])
.