China’s Drone Shipments Plummet Amid Domestic Regulation Impact
China’s civil drone industry is currently facing unprecedented challenges. The dual blow of tightened domestic regulations and a ban in…
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Switzerland follows EU to expand sanctions on Russian military supply chain.
Swiss Federal Department of Economic Affairs, Education, and Research (EAER) expanded its sanctions list against Russia and Belarus on Friday…
People are afraid to spend and borrow, experts analyze China’s deep economic crisis.
The latest data from the People’s Bank of China shows a significant decrease in household loans in April this year,…
Shanghai pushes state-owned enterprises to acquire over 500 properties to boost market, analysis: transferring risk.
In the current downturn of the real estate market, Shanghai has recently initiated a campaign to acquire existing second-hand homes…
Chinese State Team Acquires Real Estate and Issues Securities, Experts Point to Crisis Transfer.
In May 2026, the Chinese real estate market entered a critical turning point after years of downturn. Faced with a…
Evergrande auctions Venetian hotel on the sea again, starting price halved
On May 22, Evergrande once again auctioned the Venice Hotel located in Qidong City, Jiangsu Province, with a starting price…
Everbright Supermarket Pursues Debts Exceeding 3.6 Billion Against Wang Jianlin and Others, Court Files Execution
In a recent development, the arbitration award between Yonghui Supermarket and individuals such as Wang Jianlin and Sun Xishuang has…
CCDI Penalizes Three Cross-Border Securities Firms for Allegedly Restricting Foreign Investments
The China Securities Regulatory Commission (CSRC) announced that it has confiscated all “illegal gains” of the three securities firms Tiger,…
Debit Card Becomes Useless Card, Henan Village Bank Customers Unable to Protect Rights
The incident at the rural town bank in Henan happened four years ago, with numerous depositors failing in their attempts…
New York City Comptroller Calls for Establishment of Emergency Fund to Address Impact of AI on Economy
With the rapid rise of artificial intelligence (AI) as a core force reshaping society and the economy in just a…