Shanghai Composite continues to decline, hitting a new stage low
On August 28, the three major indexes of A-shares in China opened lower and continued to trend downwards. The Shanghai…
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Din Tai Fung withdraws from North China; Xie Jinhua: Chinese people are feeling the pinch
【Epoch Times, August 28, 2024】Beijing’s renowned Ding Tai Fung announced on the 26th that it will be closing 14 stores…
Chinese Communist Party Launches Household Appliances Trade-in Program with Up to 2000 Yuan Subsidy, Netizens: Don’t Get Cheated
China’s economy continues to be stagnant. Recently, the Ministry of Commerce’s Department of Circulation Development issued a new subsidy program…
Samsung SDI and General Motors to invest $3.5 billion in building EV battery factory in the US.
World’s sixth largest battery manufacturer, South Korea’s Samsung SDI, announced on Wednesday (August 28) that it has reached an agreement…
Consumer Reports Second-Hand Car Reliability Ranking: Lexus Toyota Leads
Buying a used car, the most crucial consideration is reliability. On Tuesday, August 27, the renowned U.S. magazine “Consumer Reports”…
Chinese Market Slump Leads Korean Beauty Giants to Shift Focus to the US
Due to the sluggish Chinese market and losses exceeding expectations, South Korean cosmetics manufacturers are shifting their export focus to…
A must-watch for VPN users: The entire Shanghai telecommunications network collapsed, causing substantial losses.
【Epoch Times, August 28, 2024】 1. Shanghai Telecom Suddenly Crashes, Triggering Anxiety and Dissatisfaction Among Citizens Recently, Shanghai suddenly experienced…
Rolling without stopping? Pinduoduo has issued an “economic warning signal”
On August 26th, the Chinese e-commerce platform Pinduoduo (PDD Holdings) released its financial report, revealing that its second-quarter revenue fell…
Chinese asset management company accused by the US of defrauding customers with false claims.
The United States Securities and Exchange Commission (SEC) has accused a Chinese asset management company of falsely claiming to be…
Unbelievable: Australian Airline Mistake Allows Passengers to Purchase First Class Seats at 85% Discount
From Australia to the United States, first-class round-trip airfares usually reach up to 28,000 Australian dollars (approximately 19,000 US dollars),…