Understanding CCP Resilience: Surveying Chinese Public Opinion Through Time

https://ash.harvard.edu/publications/understanding-ccp-resilience-surveying-chinese-public-opinion-through-time?fbclid=IwAR24xJYv1aPd-D4G_I8uKQ_-m0UN7u4bjrSmeBKdOnRkA54ZB1A8TJ01jtg We find that first, since the start of the survey in 2003, Chinese citizen satisfaction with government has increased virtually across the board. From the impact of broad national policies to the conduct of local town officials, Chinese citizens rate the government as more capable and effective than ever before. Interestingly, more marginalized groups in poorer, inland regions are actually comparatively more likely to report increases in satisfaction. Second, the attitudes of Chinese citizens appear to respond (both positively and negatively) to real changes in their material well-being, which suggests that support could be undermined by the twin challenges of declining economic growth and a deteriorating natural environment.

While the CCP is seemingly under no imminent threat of popular upheaval, it cannot take the support of its people for granted. Although state censorship and propaganda are widespread, our survey reveals that citizen perceptions of governmental performance respond most to real, measurable changes in individuals’ material well-being. For government leaders, this is a double-edged sword, as citizens who have grown accustomed to increases in living standards will expect such improvements to continue, and citizens who praise government officials for effective policies may indeed blame them when such policy failures affect them or their family members directly. While our survey reinforces narratives of CCP resilience, our data also point to specific areas in which citizen satisfaction could decline in today’s era of slowing economic growth and continued environmental degradation.

Luxshare becomes first OEM for iPhone

Luxshare becomes first OEM for iPhone in the Chinese mainland. the days remaining for Foxconn limited. https://cntechpost.com/2020/07/18/luxshare-becomes-apples-first-iphone-manufacturer-in-chinese-mainland-with-wistron-asset-purchase/

AirPods supplier Luxshare announced on Friday that it will pay $472 million to acquire Wistron’s iPhone manufacturing business, making it Apple’s first iPhone manufacturer in China.

Currently, Wistron is one of only three iPhone OEMs, smaller than Pegatron and Foxconn.

The company announced today that it has agreed to sell two subsidiaries in East China for RMB 3.3 billion to Luxshare.

GalaxySpace to Build East China Super Factory to Mass Produce Low-Cost Satellites

https://www.yicaiglobal.com/news/galaxyspace-to-build-east-china-super-factory-to-mass-produce-low-cost-satellites New infrastructure greets a boom. Chinese satellite start-up Galaxy Space announced Thursday it will build a satellite mega factory in Nantong, East China’s Jiangsu Province, which will be able to achieve mass production with a relatively low cost, producing one satellite a day.

GalaxySpace, which started operating in 2018, has low-orbit broadband satellite communication technology capabilities. The GalaxySpace Star it successfully launched on Jan. 16 is China’s first low-orbit broadband private communications satellite with a communication capacity of 10 gigabytes per second, and its signals can beam over 300,000 square kilometers.

The launch star of GalaxySpace has verified low-orbit Q/V/Ka and other frequency band communications for the first time in the world, and recently achieved the country’s first low-orbit satellite internet fifth-generation wireless communication network test. The company’s latest value is likely to be over USD1 billion.

China’s GDP up 3.2% in Q2, becomes 1st major economy to return to growth.

https://www.globaltimes.cn/content/1194694.shtml China’s GDP up 3.2% in Q2, becomes 1st major economy to return to growth in wake of COVID-19

China’s GDP contracted 1.6 percent for the first time in the first half of a year in nearly three decades, battered by COVID-19 headwinds. But in the second quarter, the economy grew 3.2 percent, reversing from a 6.8-percent contraction in the first quarter, a sign of the resilience deeply rooted in China’s economy amid a global freefall when the coronavirus pandemic has plunged most major economies into a near standstill.

Retail sales plummeted 11.4 percent year-on-year to 17.22 trillion yuan ($2.46 trillion) in the first half. Industrial added-value contracted 1.3 percent, while fixed-asset investment slumped 3.1 percent to 28.16 trillion yuan, according to data released by the National Bureau of Statistics (NBS) on Thursday.

The unemployment rate was 5.7 percent in June, a 0.2 percentage point decrease compared with May, the data showed.

“The second-quarter performance was better than expected, as production on the supply side picked up and investment caught up. The economy in the latter half of the second quarter moved from post-virus recovery to periodic climbing up to a certain extent,” Tian Yun, vice director of the Beijing Economic Operation Association, told the Global Times. 

In June alone, retail sales sank 1.8 percent year-on-year, narrowing from a 2.8 percent contraction in May. Industrial value-added rose 4.8 percent, marking the third consecutive month of renewed growth.

Despite what might be the low single-digit growth in the second quarter, China could still achieve best-in-class results among the world’s major economies and lead the global recovery in the wake of the pandemic, analysts said.