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economics

  • economics

Binance Founder Zhao Changpeng Admits to Money Laundering, Sentenced to 4 Months in Prison

Bill SnyderApril 30, 20246 mins

On Tuesday, April 30th, the founder of the world’s largest cryptocurrency exchange Binance, Zhao Changpeng, was sentenced to four months…

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  • economics

Shanghai State-Owned Enterprises Plan to Sell 20 Office Buildings Amid Severe Economic Downturn

John UtApril 30, 2024May 1, 20244 mins

Shanghai Real Estate Company to Sell Most of its Office Buildings as Market Slows Down According to sources, a large…

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  • economics

China’s Top 100 Real Estate Developers See Sales Drop by 12.9% Month-on-Month and 45% Year-on-Year

David SessionsApril 30, 2024May 1, 20244 mins

China’s real estate market continues to be in a slump, with stimulus policies across various regions showing minimal impact as…

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  • economics

Beijing Eases Property Purchase Restrictions: Local Families Can Now Buy One Additional Property Outside Fifth Ring Road

John UtApril 30, 2024May 1, 20245 mins

In recent years, the Chinese Communist Party has been frequently rolling out various policies from the central government to local…

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  • economics

When will the Fed Start Cutting Interest Rates? This is a Mystery.

Erin DohertyApril 30, 20246 mins

The Federal Reserve officials began a two-day policy meeting on Tuesday, April 30. The market generally expects the Fed to…

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  • economics

Lecturer Wu Binghui specializes in the rich knowledge in the financial seminar for Taiwanese businessman association.

Tomikazu WatanabeApril 30, 2024May 1, 20245 mins

On April 27th, at 2 p.m. on a Saturday afternoon, a seminar titled “Embracing the Trend of Rate Cuts by…

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  • economics

Renowned Column: Fitch Downgrades China’s Financial Rating Again

Lynn ModiseApril 30, 2024April 30, 20247 mins

Global credit rating agency Fitch Ratings, based in New York, expressed concerns about China’s financial situation. Earlier this month, while…

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  • economics

Policy Dividends Disappear, White-collar Employment in the United States Stagnates

David SessionsApril 30, 20246 mins

Recently, a laid-off YouTube employee is about to receive their final paycheck, a former entrepreneur had to borrow money from…

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  • economics

Zhengzhou Bank’s Net Profit Declines for Two Consecutive Years, No Dividends for Four Years

Nick LiApril 30, 2024April 30, 20244 mins

Zhengzhou Bank’s first-quarter net profit has sharply declined, marking the second consecutive year of profit decrease and four years without…

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  • economics

Chinese steel companies’ first-quarter profits halved, with a profit margin of only 0.58%

Jesse HanApril 30, 2024April 30, 20246 mins

In the current challenging economic environment in China, the net profits of steel enterprises continue to see significant declines. According…

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