Offshore Chinese Yuan Falls to 7.31 Against US Dollar, Marking 8-Month Low.
The Chinese yuan to US dollar exchange rate has further weakened. Following the offshore yuan breaking the 7.30 barrier against…
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Chieh Chin-ho: Taiwan’s Clean Energy Industry Will Continue to Prosper for 20 Years
Taiwan Financial Media Chairman Xie Jinhe stated that with international giants like NVIDIA, Amazon demonstrating increased investment in Taiwan and…
China’s service sector cools down, Caixin PMI drops to 8-month low
According to the Caixin Services Purchasing Managers’ Index (PMI) for June, the figure dropped significantly by 2.8 percentage points to…
What is “wealth disparity syndrome”? How to cope with it?
People need money in their daily lives. Money, while not everything, is essential for living. Without the right mindset and…
EU Plans to Impose Tariffs on Chinese E-commerce Giants to Prevent Cheap Dumping
The European Union is considering imposing tariffs on goods sold by Chinese e-commerce giants SHEIN and Temu to prevent low-quality…
Mainland car market turmoil: 80% of dealers fail to complete sales tasks
The latest survey by the China Automobile Dealers Association shows that in the first half of 2024, only 18.4% of…
Zheng Shuang did not fulfill her obligations with an amount over 100 million RMB, and the production company’s equity has been frozen.
On July 2, the news about Zheng Shuang’s failure to fulfill a payment exceeding 120 million RMB surged to the…
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…
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…