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economics

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Milk Tea Shops, Cafes, and Bars Become the New Trio Pushing Middle-class Back into Poverty in Mainland China

Paul WilkinsJune 16, 2025June 16, 20258 mins

In mainland China, tea shops, coffee houses, and small bars used to be the entrepreneurial dreams pursued by young people…

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  • economics

Taiwan Adds 601 Companies to Export Blacklist, Including Huawei and SMIC.

John UtJune 16, 2025June 16, 20253 mins

The Ministry of Economic Affairs of the Republic of China (Taiwan) announced an updated version of the “List of Entities…

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  • economics

US Plans to Provide Loans in Support of Greenland Rare Earth Project to Counter Chinese Monopoly

Nick LiJune 16, 20256 mins

Critical Metals Corp, headquartered in New York, has received a loan intent letter from the Export-Import Bank of the United…

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  • economics

China’s E-House Deep in Crisis with 200 Billion Loss in Four Years and 90% Staff Layoffs

Paul PriceJune 16, 2025June 16, 20258 mins

In recent news reported by Epoch Times on June 16, 2025, E-House (China) Holdings Limited (E-House China) has been experiencing…

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  • economics

Pennsylvania wood processing plant closes due to tense international trade environment

David SessionsJune 16, 20253 mins

Pennsylvania-based custom veneer manufacturing company, International Timber & Veneer – ITV, plans to shut down its factory by August 18,…

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  • economics

Why does the CCP dare not let loss-making “zombie enterprises” go bankrupt

Paul WilkinsJune 15, 2025June 16, 20257 mins

China’s manufacturing industry has plunged into its most severe losses since 2001, yet many poorly managed enterprises are unable to…

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  • economics

US experts say China’s dual strategy on rare earths backfires

Tomikazu WatanabeJune 15, 2025June 16, 202524 mins

In the ongoing US-China trade war, the Chinese Communist Party (CCP) has been using its monopoly on rare earth minerals…

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  • economics

US travel expenditure decreases in April and May

Lynn ModiseJune 15, 20254 mins

【Epoch Times June 16, 2025】The US Bureau of Labor Statistics announced on Wednesday (June 11) that during the period from…

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  • economics

Costco offers affordable and delicious delicacies like lobster and salmon without the need to go out.

Paul WilkinsJune 15, 20257 mins

In an era of high prices, living on a budget has become essential. Imagine fulfilling your gourmet dreams at a…

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  • economics

Guangzhou Ends 15-Year Real Estate Regulation as Inventory Remains High and Sales Cycle Prolongs.

Bill SnyderJune 15, 2025June 16, 20255 mins

On June 13th, the city of Guangzhou issued a notice declaring the complete cancellation of restrictions on the housing market,…

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