economics

The Price of Office Apartments in Shenzhen Drops from 75,000 to 38,000 Yuan

Tomikazu WatanabeSeptember 4, 2024September 4, 20245 mins

The Chinese real estate market continues to struggle. In Shenzhen’s Nanshan district, the unit price of a commercial office apartment…

Erin DohertySeptember 4, 2024September 4, 20243 mins

Recently, South Korean media reported that tech giant Samsung Electronics is preparing to downsize its sales division in China, with…

Paul PriceSeptember 4, 2024September 4, 20243 mins

On September 4, 2024, Chinese A-shares collectively opened lower, with the Shanghai Composite Index falling below 2800 points in the…

Paul WilkinsSeptember 4, 2024September 4, 20244 mins

China’s real estate crisis seems intractable as developers are ceasing construction due to funding shortages. More and more consumers are…

Bill SnyderSeptember 4, 2024September 4, 20247 mins

According to a private sector survey, despite being the peak summer travel season, the expansion of services in China in…

Lynn ModiseSeptember 4, 20244 mins

Democratic presidential candidate Heather Jinli is expected to announce a new economic proposal on Wednesday (September 4), aiming to alleviate…

Paul WilkinsSeptember 4, 20245 mins

The latest news reports that as part of an antitrust investigation, the major AI chip manufacturer Nvidia has received a…

Lynn ModiseSeptember 4, 20243 mins

Recently, there has been a rumor circulating on social media platforms, particularly on TikTok, about a method that supposedly allows…

Bill SnyderSeptember 4, 2024September 4, 20243 mins

Chinese A-share listed companies’ performance in the first half of this year showed a 2.4% year-on-year decrease in net profit…

Jesse HanSeptember 4, 2024September 4, 20246 mins

On September 3, Ascend Group rapidly declined in the Hong Kong stock market after the opening, with the percentage dropping…