The Chinese Communist Party Targets Overseas Wealth of the Wealthy, Sets Sights on Offshore Trusts
Amid increasing financial constraints in the Chinese Communist Party (CCP), authorities have intensified efforts to levy taxes on assets held…
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UBS: Hong Kong property market recovery momentum weakens, prices may fall
Swiss bank UBS has released a report indicating that the recovery momentum in the Hong Kong residential market is weakening,…
Chinese Stock Market Closes March with the Shanghai Composite Index Falling Below 3900 Points, Monthly Decline Reaches 6.51%
On March 31, the A-shares market in China experienced a general decline, with all three major indexes falling collectively. The…
US Ambassador: China Carries Safety Risks, Bans Entry from Canada
In January this year, Canadian Prime Minister Mark Carney reached an agreement with the Chinese Communist Party to reduce tariffs…
Kuwaiti Oil Tanker Attacked by Iran in Dubai Port, Ignites
On Monday (March 30), a Kuwaiti oil tanker carrying crude oil was attacked off the coast of Dubai, sparking a…
Intense Competition Among Chinese Milk Brands, Premium Milk Joins Price War
Recently, the Chinese milk market has seen a comprehensive price reduction, with both high-end and budget products collectively promoting sales….
Mainland Bank’s Personal Loan Delinquency Rate Rises, Transfer Amount Surges by 85%
Several mainland banks in China have reported a contraction in personal loan business and a continuous rise in non-performing loan…
Crude Oil Prices Touch $115 as US Stocks Recover Some lost ground.
On Monday, March 30, the price of Brent crude oil once touched $115 per barrel. However, despite this surge, the…
Guangzhou Automobile Group, a leading car manufacturer, reports first annual loss
In recent years, the Chinese automotive industry has been facing severe challenges, with intensified price wars and high costs of…
UK Chancellor urges G7 not to set up new trade barriers, avoid exacerbating energy crisis.
The Chancellor of the Exchequer of the United Kingdom is set to urge her Group of Seven (G7) counterparts on…