China Halts New Steel Plant Construction as Steel Industry Crisis Deepens.
China’s steel industry is experiencing a significant decline in demand, resulting in plummeting profits and a surge in exports. In…
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Mainland China’s Auto Dealerships Saw Losses of Over 50% in the First Half of This Year
On August 21st, the China Automobile Dealers Association released a report on the survival status of car dealers nationwide in…
The Communist Party’s efforts to rescue the real estate market are weak, with loan amount falling short of the plan by 8%.
The Chinese Communist Party’s rescue measures for the housing market have been poorly implemented. The 3 trillion yuan (RMB, hereinafter)…
Xiaomi Electric Car Releases Second Quarter Financial Report, Losing 60,000 RMB per Electric Vehicle Sold
Xiaomi Group recently sparked discussions over the topic of “Xiaomi loses over 60,000 for every car sold” after releasing its…
Walmart Launches Discount Program: Members Can Enjoy 25% Off at Burger King
On Thursday, August 22, 2024, the American retail giant Walmart announced that it has partnered with the major fast-food chain…
Second-hand electric car value drops significantly, average age of car is only 2.7 years.
Despite electric cars being seen as the future trend by the industry, consumers still have reservations when it comes to…
Brazil Raises Tariffs on Anti-dumping Steel, Imports Still Increase Substantially.
In response to the massive influx of cheap steel from China into the Brazilian market, the Brazilian government introduced a…
How much is considered wealthy in 12 major cities in the US? San Francisco requires $4.4 million
Amid ongoing inflation, the definition of wealthy individuals is on the rise. According to the annual “Modern Wealth Survey” by…
What are the high costs involved in selling a house?
Most people are concerned about how much money they can make by selling a house, especially in the current situation…
Renowned Column: Franklin Teaches Us to Avoid Overconsumption
Numerous books on personal finance, financial planning, investments, debt management, and money matters flood the market nowadays. After reading these…