Protests erupt across China, some even calling openly for Xi Jinping to go – as frustration mounts over strict Covid controls. Profits at China's industrial firms slide, weighed down by Covid restrictions and falling factory-gate prices, as authorities unleash waves of new stimulus to spur demand. Oil prices plunge - hitting their lowest level since 2021, and Asian equities also slide, as uncertainty over China rattles markets. And, Black Friday online sales top 9 billion dollars, hitting a new record as consumers flock to 'Buy Now Pay Later' platforms to offset soaring prices.
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