“Internet Finance Company ‘Great Wisdom’ Sees a 1344% Year-on-Year Drop in Net Profit in the First Quarter”
Shanghai Dazhihui Co., Ltd. (Dazhihui) saw a 9.88% year-on-year increase in operating income in the first quarter; however, the net…
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First shipment of American crude oil arrives in Japan after outbreak of Iran war.
The ongoing Iran war has disrupted shipping in the Strait of Hormuz, prompting Asian and European countries to turn to…
Hormuz Strait Blockage Causes Surging Electricity Prices in Southern China
Recently, in many regions in southern China such as Guangdong Province, the sharp increase in energy prices due to the…
Chinese company’s “Nine-color Fresh Fruit” Ponzi scheme explodes, involving millions of people.
In Zhengzhou City, Henan Province, a fruit company known as “Colorful Fruit Fresh” recently faced an explosion of allegations. The…
Iran War Hits Chinese Foreign Trade Hard, 90% of Yiwu Merchants’ Orders Evaporate
After the outbreak of the US-Iran war, the shipping in the Hormuz Strait has almost come to a standstill, causing…
Huada Genetics Caught in Losses Swamp, Massive Losses Exceeding 1.5 Billion for Two Consecutive Years
Chinese genetic sequencing giant BGI recently released its 2025 annual report and the first quarter report of 2026, revealing a…
China’s Economic Slowdown Puts BMW and Mercedes-Benz in More Intense Market Competition
German Automotive Industry Association (VDA) Chairman Hildegard Mueller pointed out on Saturday at the Beijing Auto Show that as the…
US Energy Exports Reach Record High Amid Closure of Hormuz Strait
The ongoing war in Iran has led to the blockade of the vital waterway, the Strait of Hormuz, putting countries…
Online Romance with “Elite Boyfriend” – Nanjing Woman Almost Scammed out of 1.85 Million Yuan
A woman in Nanjing, Jiangsu Province, fell into a carefully designed investment scam while looking for a partner online, almost…
US Treasury Secretary: The goal of Trump-Xi summit is to “stabilize” relations.
The US Secretary of the Treasury, Scott Bessent, was interviewed by the media on Friday, April 24. Apart from maintaining…