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…
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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…
Rise in RMB Deposits in Hong Kong Leads to Closure of Restaurants Suspected of Capital Flight
Recently, a large amount of capital from China has been transferred out through various channels, with RMB deposits in Hong…
Half of Chinese 2022 College Graduates are Unemployed, Expert Analysis
The employment situation for recent college graduates in China is becoming increasingly dire, with less than half of them receiving…
Why does it feel like the whole world is traveling to Japan?
On July 1st, the Japanese yen fell to 160 yen against the US dollar, reaching a 38-year low. This significant…