Rapid CEO States Employee Numbers in India to Equal Those in China
Swiss multinational elevator and escalator manufacturer Schindler’s CEO Silvio Napoli has stated that the company’s workforce in India will “sooner…
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EU imposes up to 36.4% tariff on China’s biodiesel
The European Commission announced on Friday (July 19) documents showing that Chinese biodiesel, also known as bio-diesel, is being sold…
Chinese Lithium Prices Plunge Below 90,000 Yuan Mark; Lithium Salt Factories Reduce Production or Halt Production
In the current predicament of oversupply and persistently low demand, the price of lithium in China has dropped below the…
Chinese Communist Party Calls for Real Estate Inventory Clearance, State-Owned Enterprises Show Low Acquisition Willingness
Facing a huge inventory of vacant houses, the top leadership of the Chinese Communist Party has called for the real…
North Carolina woman admits to defrauding $3.5 million in COVID-19 relief funds
During the COVID-19 pandemic, a North Carolina business owner used falsified documents to apply for the Paycheck Protection Program (PPP)…
No longer rare? Excessive production in China leads to a sharp drop in rare earth prices
Due to China’s overcapacity, international rare earth prices have fallen by 20% in the past year. On June 29, China…
Mainland vegetable market competes for business by giving away free stir-fried dishes, making it even harder for the catering industry.
China’s Economy Slowing Down, Various Industries Facing Intense Competition. Some vegetable markets, convenience stores, supermarkets are now operating “canteens” to…
Strong U.S. Economy Boosts Performance of Western Seaports in the First Half of the Year
For years, the Port of Los Angeles has been the busiest port in the western United States. The port’s executive…
Uniqlo Enters Western Markets in Response to Downgrading of Chinese Consumer Spending
Uniqlo Experiences Slow Sales in Mainland China in the First Half of the Year Uniqlo, a popular clothing brand in…
Mainland Celebrity Zhu Dan Reveals Being Cheated Out of Savings, Latest Developments in the Case
Renowned mainland Chinese host Zhu Dan once revealed in a program that she had fallen victim to a major financial…