Million-dollar mansions no longer available, in over a hundred cities in California, can only buy “starter homes”
Can you still buy a “luxury home” with a million dollars? According to a recent analysis by the real estate…
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IMF proposes $1 trillion government bailout plan for housing market, China rejects.
The Chinese Communist Party rejected the International Monetary Fund’s (IMF) proposal to use $1 trillion in fiscal resources to complete…
Chevron announces relocation of company headquarters from California to Texas
Chevron announced on Friday (August 2) its decision to move its headquarters out of California. The oil giant stated that…
Analysis: China’s Economic Recovery Difficult, Dragging Down Global Business Growth
China’s sluggish economic recovery is increasingly impacting global businesses, from chain hamburger stores to automobile manufacturers. This situation seems unlikely…
Chinese July Home Sales Continue to Decline, Signaling Crisis is Not Over
The China Real Estate Enterprise Sales TOP100 list for the period of January to July 2024 was released by the…
“Renowned Column: Inflation and Deflation Strike Together, Revealing China’s Economic Dilemma”
The latest inflation data from China is anything but ordinary, likely keeping high-ranking officials in Beijing awake at night. The…
Analysis: CCP promotes local surtax, leading to excessive and arbitrary levies.
The Third Plenary Session of the Chinese Communist Party (CCP) recently announced several tax-related decisions. Among them, the introduction of…
Warren Buffett’s company sold $3.8 billion worth of Bank of America stock within 12 days.
Billionaire Warren Buffett’s Berkshire Hathaway has increased its selling pressure on American bank stocks, having sold over $3.8 billion worth…
US adds 114,000 jobs in July, unemployment rate rises to 4.3%
The US Department of Labor released a report on Friday (August 2) showing that the increase in non-farm payrolls in…
The Communist Party of China approves the entry of Anbang Insurance Group and Anbang Property Insurance into bankruptcy proceedings.
The latest news indicates that the Chinese Communist Party (CCP) has recently approved Anbang Insurance Group Co., Ltd. and Anbang…