Canceling Cash Could Potentially Destroy Economic System
Some so-called “experts” believe that it is urgently necessary to eliminate cash from the economy. They argue that cash supports…
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US Bans Chinese Auto Software and Hardware, China Investigates American Apparel Giant PVH
The U.S. Commerce Department announced plans to ban Chinese-manufactured internet-connected automotive software and hardware. In response, the Chinese Ministry of…
Micro Company Once Listed on CMC List by the United States, Two American Executives Resign
In recent personnel changes at China’s leading domestic chip equipment company, Shanghai Microelectronics Equipment Co., Ltd., also known as “Micro…
Economic chill continues, Expert: China’s automotive industry faces double blow
Recent reports show that many foreign or joint venture car companies are announcing production cutbacks in China, while the domestic…
CCP floods the market with one trillion yuan, private sector analysis: The authorities are really anxious.
Facing the continued economic and stock market downturn, the top leaders of the three major financial regulatory departments of the…
Dovish Fed Rhetoric and Middle East Tensions Keep Gold Prices Strong
On Tuesday, as Federal Reserve officials expressed widely dovish sentiments and tensions escalated in the Middle East, the price of…
China’s actual use of foreign investment in August drops 50% YoY, the largest decline in 25 years.
According to data released by the Chinese Ministry of Commerce, from January to August this year, the actual use of…
Brooklyn New York Shipping Terminal Receives Federal “Huge Allocation” of 140 Million; Representatives are Excited
New York City is set to receive a substantial boost in funding for the revitalization of the Brooklyn Marine Terminal…
HSBC Hong Kong’s Commercial Real Estate Default Penalty Soars by 456%
HSBC’s commercial real estate default amount in Hong Kong surged by 456% in the first half of the year, signaling…
White House to Establish $1 Billion New Fund to Support Transformation of US Automobile Companies
On Monday, September 23, White House National Economic Advisor Lael Brainard visited the Michigan Workforce Hub in Detroit to announce…