Chinese July Home Sales Continue to Decline, Signaling Crisis is Not Over
The China Real Estate Enterprise Sales TOP100 list for the period of January to July 2024 was released by the…
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“Renowned Column: Inflation and Deflation Strike Together, Revealing China’s Economic Dilemma”
The latest inflation data from China is anything but ordinary, likely keeping high-ranking officials in Beijing awake at night. The…
Analysis: CCP promotes local surtax, leading to excessive and arbitrary levies.
The Third Plenary Session of the Chinese Communist Party (CCP) recently announced several tax-related decisions. Among them, the introduction of…
Warren Buffett’s company sold $3.8 billion worth of Bank of America stock within 12 days.
Billionaire Warren Buffett’s Berkshire Hathaway has increased its selling pressure on American bank stocks, having sold over $3.8 billion worth…
US adds 114,000 jobs in July, unemployment rate rises to 4.3%
The US Department of Labor released a report on Friday (August 2) showing that the increase in non-farm payrolls in…
The Communist Party of China approves the entry of Anbang Insurance Group and Anbang Property Insurance into bankruptcy proceedings.
The latest news indicates that the Chinese Communist Party (CCP) has recently approved Anbang Insurance Group Co., Ltd. and Anbang…
Stocks in A-shares fell across the board, with reduced trading volume; Shanghai Composite Index closed down, clinging to the 2900-point mark.
On August 2, the A-share market staged a general decline, with all three major indices opening lower and closing down,…
New Report: Undocumented Immigrants Make Big Contributions to the US Economy
According to a new report, undocumented immigrants contribute an average of nearly $9,000 in taxes per person to the United…
CCP forced to stimulate consumption still struggles to rescue China’s economic plight
Analysis shows that the current efforts of the Chinese authorities to stimulate household spending are too small in scale to…
China’s second-hand housing prices in 100 cities have fallen for 27 consecutive months
Data released on August 1st shows that prices of second-hand houses in first and second-tier cities in China have continued…