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economics

  • economics

Elon Musk’s surprise visit to China to meet Li Qiang: Analysis on the Challenges facing the Chinese Communist Party

Jesse HanApril 29, 2024April 29, 202410 mins

Without any prior notice, Tesla’s CEO Elon Musk suddenly met with Chinese Premier Li Keqiang. Experts analyzed that the Chinese…

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  • economics

Chinese Communist Party Claims to Establish Financial “National Team”: Expert Analysis

Paul WilkinsApril 29, 2024April 29, 202410 mins

The Chinese government recently announced its intention to establish a financial “national team” to utilize state-owned financial capital. Experts have…

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  • economics

Think tank: EU needs to impose 50% tariff to prevent Chinese electric car dumping.

Erin DohertyApril 29, 2024April 29, 20244 mins

A report indicates that the punitive tariffs being considered by the European Union may not be sufficient to deter the…

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  • economics

Washington State Car Insurance Rates Soar

Nick LiApril 29, 20247 mins

In Seattle, 59-year-old resident Steve Giliberto, a self-employed technology consultant, is grappling with the question, “How much more do I…

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  • economics

Chinese Crayfish Prices Plunge 70% in One Month as Demand Suddenly Declines

Nick LiApril 29, 2024April 29, 20246 mins

China’s weather is getting warmer, and it’s peak season for crayfish sales. However, currently, the price of crayfish has dropped…

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  • economics

Mainland Banks Fear US Sanctions, Chinese Companies Turn to Underground Trade with Russia.

Paul WilkinsApril 29, 2024April 29, 20248 mins

The ongoing Russia-Ukraine war, lasting for more than 2 years, would find it challenging to sustain without the support of…

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  • economics

Yonghui Supermarket’s Loss Exceeds 8 Billion Yuan in Three Years, Executive Officers Have Been Changed.

Jesse HanApril 29, 2024April 29, 20245 mins

The data released by Yonghui Supermarket recently shows that the company’s net profit in 2023 was -13.29 billion yuan (RMB)….

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  • economics

News: CICC Traders’ Base Salary Cut by 25%

Jesse HanApril 29, 2024April 29, 20244 mins

China’s leading securities firm, China International Capital Corporation (CICC), is significantly reducing its basic salaries to cut costs amid the…

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  • economics

Wens Foodstuff Group Reports $6.4 Billion Loss Last Year; Chinese Agriculture and Animal Husbandry Industry Generally in the Red.

Lynn ModiseApril 29, 2024April 29, 20243 mins

After China’s leading pig farming company, Muyuan Co., announced a loss, Wen’s Co., another major player in the agricultural and…

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  • economics

Hong Kong Monetary Authority: “MPF Express” platform will operate on June 26

Tomikazu WatanabeApril 29, 2024April 29, 20244 mins

The Mandatory Provident Fund Schemes Authority’s “MPF Express” platform will be fully operational and “offsetting” arrangements will be cancelled. MPF…

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