Customer and Employee Loss Severe, PwC Faces Challenges in China
PwC, one of the four largest accounting firms globally, is embroiled in a scandal of Evergrande’s financial fraud in China….
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Mainland Restaurants: Over 1.05 Million Closed in Half a Year, Approaching Last Year’s Total
As of June 30 this year, in the first six months of the year, the number of deregistered and revoked…
US ADP Employment Adds 150,000 Jobs in June, Below Expectations
According to a report released by the American data processing company ADP on Wednesday, job growth in the private sector…
The European Union’s New import tariffs on electric vehicles from China to take effect soon, manufacturers respond.
The European Union’s additional tariffs on electric cars produced in China will come into effect on Thursday (July 4), prompting…
US June ISM Non-Manufacturing Index Falls to 48.8 Below Expectations
According to the US ISM business report for June released on Wednesday (3rd), the American service industry experienced the fastest…
Why the Chinese Communist Party is Anxiously Watching the Rapidly Booming Chinese Bond Market
China’s ten-year government bond market has been booming, causing strong anxiety among Chinese policy makers as they fear a crisis…
The Fed: Interest rates will not be cut until there is more confidence inflation will drop to 2%
The Federal Reserve meeting minutes released on Wednesday (July 3) showed that Fed officials indicated during the June meeting that…
EU Report Reveals Extensive Chinese Interference in Economy
The European Commission has released a 712-page report in April before announcing temporary tariffs on electric vehicles manufactured in China….
China’s passenger car sales drop by 8% in June, marking a three-month consecutive decline.
New data shows that in June, the retail sales of passenger cars in China decreased by 8% compared to the…
[Opinion Column] The Chinese Communist Party’s Attempts to Appease Everywhere Yet Achieve Little
Desperate for Love in Beijing Beijing is definitely feeling the pressure. Whether it’s the domestic economy, foreign trade, or investment,…