Tesla’s Supercharger Department to Lay Off Around 500 Employees, Stock Price Drops Nearly 6%
After announcing a global workforce reduction plan of 10%, American electric vehicle (EV) manufacturer Tesla has laid off hundreds of…
economics
Read More
Chengdu Lifts Property Purchase Restrictions, Homeowners Lower Prices to Sell, Buyers Wait and See
Recently, Chengdu city in China announced the comprehensive cancellation of housing purchase restrictions on April 29th. Following the announcement, nearly…
Observations by Qin Peng: The Third Plenary Session of the 19th CPC Central Committee to Open in July, Xi Jinping Prepares for “Jia Sheng Fan”
Audience friends, hello everyone, welcome to watch “Qin Peng Observation”. Today is April 30th in Eastern Time and May 1st…
Zhong Yuan: What truths are revealed in the meeting of the Political Bureau of the Chinese Communist Party?
On April 30, the Chinese Communist Party (CCP) Politburo held a meeting to discuss the economy. While it only mentioned…
Chinese Communist Party Reserves $170 Billion in Gold, Raising Concerns about Taiwan’s Invasion
Recently, the Chinese Communist Party (CCP) has been accumulating gold reserves at a record pace. The current value of China’s…
Tesla’s market value rises by $82 billion on Monday, partially giving back gains the following day.
Tesla’s Chief Executive Officer Elon Musk’s visit to China over the weekend led to an increase in the company’s market…
Southern California Sees Record High Home Prices in March, But Decline in Sales Volume
In March of this year, the constantly rising mortgage rates coupled with record-high housing prices have dampened real estate activities…
North American Graphite Mining Companies Urge U.S. Government to Impose Tariffs on Chinese Electric Vehicle Materials
North American graphite miners are lobbying the U.S. government to impose a 25% tariff on three types of graphite products…
American Electric Vehicle Startup Fisker May Be Nearing Bankruptcy
Fisker, headquartered in Manhattan Beach, California, was once the darling of the electric vehicle startup industry. However, recent signs indicate…
Moody’s Maintains Taiwan’s Sovereign Rating at Aa3, Concerned about Risks in the Taiwan Strait Situation
On April 30th, the Central Bank of Taiwan issued a press release stating that Moody’s has maintained Taiwan’s sovereign credit…