Land sold to pay debt, Tenly Property’s stock price falls below 2 cents
Tanyu Property Group (Holdings) Co., Ltd. (Tanyu Property) recently announced that one of its subsidiaries in Shenzhen will be used…
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Shanghai City Reportedly Borrowing 10 Billion RMB from 8 Temples, Officials Rush to ‘Clarify Rumors’
Recently, local governments are facing financial difficulties due to the impact of the epidemic control policies and the continuous economic…
The Red Sea Crisis Impacts Global Trade, Chinese Businesses Only Striving to Survive
Yemen’s Houthi armed group attacks on Red Sea shipping have led to a rise in freight rates, impacting global import…
How much money is enough? How much does it take to be considered wealthy? Americans have the answer.
According to a new survey by the financial services company Bankrate, Americans have a psychological income standard, which is the…
Peking University economist: Chinese property prices set to fall by another 40%
Recently, Beijing University economics professor Yao Yang pointed out that due to the lack of funds injected by the central…
Tesla’s second quarter global car delivery volume drops by 4.8%
Global electric vehicle manufacturer Tesla announced on Tuesday (July 2nd) that its car deliveries in the second quarter decreased by…
Western Investment Banks Reduce Number of Chinese Employees, Reaching New High in Years
With the slowdown and shrinking profits in the Chinese market, Western financial institutions have halted their years-long expansion in China,…
China’s Excessive Plastic Production Capacity May Trigger Another Trade Dispute
Experts are warning that as domestic demand remains weak, the supply of plastics in China continues to surge, potentially leading…
US sanctions help Mexican drug trafficking group launder money, including two Chinese citizens.
The U.S. Department of the Treasury announced on Monday (July 1) sanctions against three individuals from Mexico and China for…
“Qin Peng’s Observation: Did the People’s Bank of China Borrow National Debt Without Anchoring Printing Money?”
Hello, viewers, and welcome to “Qin Peng Observation.” Today’s focus: The People’s Bank of China announces a large-scale borrowing of…