US secondary sanctions make Russia unable to rely too much on RMB transactions.
Russia may not be able to rely on the Chinese yuan as initially hoped, as banks in Beijing have to…
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French and Spanish authorities destroy Chinese money laundering group
Spanish and French police announced on Friday (July 5) that they have dismantled a Chinese money laundering network processing €1…
Analysis: Why are small banks in China disappearing in large numbers?
China’s small banks are currently facing a savings and loan (S&L) crisis. Over the course of a week leading up…
US Adds 206,000 Jobs in June, Unemployment Rate Rises to 4.1%
The US Department of Labor released a report on Friday (July 5) showing that the number of new nonfarm jobs…
Shenzhen Financial Platform Explodes: Largest Shareholder Belongs to Vanke
In the Chinese city of Shenzhen, the financial information service enterprise “Peng Ding Chuang Ying” has been facing difficulties in…
Shanghai Composite Index sees 7 consecutive weekly declines, trading volume continues to shrink.
On July 5, the Shanghai Composite Index closed lower for the seventh consecutive week. At the end of the trading…
Japan Plans to Subsidize Domestic Antibiotics Supply Chain to Reduce Foreign Dependence
Japan currently imports almost all antibiotic raw materials from foreign countries, mainly from China. Once the import is interrupted, medical…
Mainland financial female prodigy commits suicide, sparking outrage across the internet.
Hello everyone, welcome to the News Quintet. Today’s joint hosts are Tang Hao, Qin Peng, Qin Yue, Jin Shi, and…
Stock market: Nearly 4900 individual stocks in A-shares fall, Hu Xijin has lost 90,000 yuan.
On July 4th, more than 4900 stocks in China’s A-share market experienced a decline, with major stock indices falling. The…
Price Continues to Fall, China’s Beef Market Faces Challenges
The Chinese beef market is facing a difficult challenge: while the Communist government encourages herdsmen to increase domestic production and…