8 Hong Kong Companies Sanctioned by the United States for Helping Russia Invade Ukraine
In the latest round of sanctions imposed by the United States against companies and individuals supporting Russia’s invasion of Ukraine,…
economics
Read More
Chinese Citizens Arrested in Indonesia for Illegal Gold Mining
Indonesian Authorities Arrest Chinese Citizen for Illegal Gold Mining in Borneo On Saturday (May 11), according to a statement from…
SMIC and Hua Hong International’s first-quarter net profit plunged by 70%.
China’s largest integrated circuit foundry company, SMIC International, and another wafer fabrication giant, Hua Hong Semiconductor, recently disclosed their first-quarter…
Hundreds of Hubei Villagers Registered for Business License Under False Identities, Even Deceased Individuals Were Registered
In late April this year, hundreds of villagers in Liuyuan Village, Luwang Town, Dawu County, Hubei Province, discovered that they…
Buffett’s large cash holdings draw attention, market worries about AI bubble risk
Warren Buffett predicts that Berkshire’s cash will balloon to $200 billion, indicating a wait for a prime opportunity with minimal…
Biden’s New Rule Setting $8 Limit on Credit Card Late Fees Halted by Judge
A federal judge in Texas on Friday (May 10) halted a new regulation proposed by the Biden administration that would…
Producer Price Index Continues to Decline, China’s Economic Recovery is Challenging.
In April, China’s producer price index continued to decline, amid sluggish consumer demand and global trade tensions, making the road…
Even High-Income Americans are Starting to Budget Carefully, Businesses Scramble to Respond
Retailers in the United States are currently feeling uneasy as consumers are no longer spending as generously as before. In…
Brad Pitt’s F1 Movie Facing Distribution Challenges Due to High Budget
The upcoming F1 movie starring American superstar Brad Pitt has a production budget exceeding 300 million dollars, making it the…
News: U.S. listing halted, Huixinye accelerates preparations for London IPO.
Two informed sources have revealed that Chinese fast fashion giant Shein is intensively preparing for its listing in London. Previously,…