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economics

  • economics

EU accuses Temu of manipulating, causing users to spend more money.

Erin DohertyMay 16, 20243 mins

European consumer groups accused Chinese e-commerce giant “Pinduoduo” on Thursday (May 16) of using “manipulative techniques” on its cross-border platform…

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  • economics

Vietnam’s Imports from China Soar; Expert Suggests Chinese Companies Avoid US Tariffs Path

Erin DohertyMay 16, 2024May 16, 202410 mins

Statistics show that with the United States raising tariffs on Chinese products to reshape the global supply chain, Vietnam’s import…

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  • economics

Master Kang Instant Noodles Will Increase Prices: Mainland Chinese People Say “Everything Affordable Is Rising”

David SessionsMay 16, 2024May 16, 20246 mins

On May 16, the news of Kangshifu instant noodles raising prices hit the trending topics on Chinese social media platforms….

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  • economics

Fire breaks out in BYD 4S Store in Fuzhou, flames shooting into the sky.

Jesse HanMay 16, 2024May 16, 20243 mins

On the early morning of May 16th, a fire broke out at a BYD 4S dealership in Qingkou Town, Minhou…

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  • economics

Reshaping Global Supply Chains: Rapid Changes in Asia’s Economic and Trade Landscape

John UtMay 16, 2024May 16, 20248 mins

This week, President Biden has raised tariffs on a range of Chinese imports as part of the United States’ long-standing…

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  • economics

Hong Kong government’s tourism promotion efforts ineffective, tourist spending hits new low post-financial crisis.

Paul PriceMay 16, 20249 mins

Hong Kong resumed normal border crossings over a year ago, becoming one of the last regions globally to lift pandemic…

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  • economics

US auto industry sees inventory increase, prices drop as consumers return

Erin DohertyMay 16, 20247 mins

In recent months, the American automotive industry has once again undergone changes, with the prices of used cars cooling down…

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  • economics

Deadline Approaching: Californians Yet to Claim Nearly a Billion Dollars in Unclaimed 2020 Tax Refunds

Lynn ModiseMay 16, 20243 mins

The Internal Revenue Service (IRS) in the United States is reminding taxpayers that there is over $1 billion in unclaimed…

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  • economics

Hong Kong Banks’ Local Asset Risks may Exceed Real Estate

Lily AndersonMay 16, 2024July 4, 20244 mins

Credit rating agency Fitch Ratings recently released a report indicating that the Hong Kong dollar’s peg to the U.S. dollar…

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  • economics

Chinese students studying abroad face pressure as parents run out of money.

Lily AndersonMay 16, 2024July 4, 20247 mins

China’s sluggish economy, weak domestic demand, and real estate crisis have directly impacted the survival of many small businesses and…

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