China has directed money into promoting a narrative that targets a global audience, with the party building a massive “matrix” of social media accounts — managed by diplomats, state media, influencers ...

Learn about purchasing power, its effect on currency value, and how inflation influences what one unit of money can buy.

BEIJING — The messaging from China’s Communist government may once have been dogmatic and rigid — not anymore. Having largely tamed the internet at home with tight censorship, Beijing is now tapping ...