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economics

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China’s diamond market downturn, Diya Corporation’s performance plummeted, massive store closures.

Bill SnyderMay 2, 2024May 20, 20245 mins

China’s diamond consumption market continues to struggle as the renowned diamond ring brand DR (Darry Ring) parent company De Beers…

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  • economics
  • Poverty

“In light of a weak economy, the trend of forming ‘savings buddies’ is on the rise among Chinese women”

Lily AndersonMay 2, 2024July 4, 20246 mins

In China, the sluggish economy and high unemployment rates have left ordinary people feeling increasingly anxious about the future. The…

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  • economics

US Job Vacancies Hit Three-Year Low as Labor Market Cools

Paul WilkinsMay 1, 20245 mins

In March, job vacancies in the United States dropped to their lowest level in three years, while resignations also decreased….

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  • economics
  • Poverty

Chinese airline company incurred a total loss of 17.1 billion last year.

Lily AndersonMay 1, 2024July 4, 20244 mins

Recently, the annual reports for 2023 and the first quarter of 2024 of Chinese listed airlines have all been released….

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  • economics

Federal Reserve: Inflation Rate Close to Stagnation, Interest Rates Remain Unchanged.

Jesse HanMay 1, 20246 mins

On Wednesday, the Federal Reserve maintained interest rates unchanged while indicating a recent slowdown in the pace of inflation. This…

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  • economics

GoPro Accuses Chinese Company of Patent Infringement, U.S. Government Launches Investigation

Erin DohertyMay 1, 2024May 2, 20243 mins

The US International Trade Commission (USITC) announced on Wednesday that it will investigate whether cameras, imaging systems, and accessories produced…

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  • economics

Chinese Communist Party Data: Severe Automobile Overcapacity, Utilization Rate Below 50%

Nick LiMay 1, 2024May 1, 20248 mins

In recent months, both U.S. Treasury Secretary Yellen and German Chancellor Scholz have visited China and raised concerns about China’s…

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  • economics

Shell Announces Withdrawal from Chinese Power Market

Jesse HanMay 1, 2024May 1, 20244 mins

Energy giant Shell has announced its withdrawal from the Chinese electricity market as part of its ongoing efforts to realign…

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  • economics

US private sector adds 192,000 jobs in April, surpassing expectations

Lynn ModiseMay 1, 20243 mins

On Wednesday, the US Automatic Data Processing Company (ADP) released data showing that private sector employment increased by 192,000 in…

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  • economics
  • Poverty

Chinese Housing Market: Second-hand House Prices in 100 Cities Drop for 24 Consecutive Months, Trading Volume Continues to Increase

Lily AndersonMay 1, 2024July 4, 20245 mins

In the latest update, the Chinese real estate market continues to struggle. New data shows that prices of second-hand homes…

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