economics

“Everyone Suffers” – Chinese Electric Car Manufacturer Delays Payment Deadline.

Tomikazu WatanabeMay 20, 2024May 21, 20247 mins

Amidst a price war and declining profits, some Chinese electric car manufacturers are now taking longer to settle their accounts…

Lynn ModiseMay 20, 20244 mins

Since 2024, the wave of layoffs in high-tech companies has continued the trend of the past two years. According to…

Paul PriceMay 20, 2024May 21, 20243 mins

China’s real estate market is stagnant, with a continuous decline in land financial revenue. On Monday, the Ministry of Finance…

Tomikazu WatanabeMay 20, 20244 mins

Two months after the collapse of the Francis Scott Key Bridge in Baltimore caused by a massive cargo ship, the…

Erin DohertyMay 20, 2024May 20, 20244 mins

On May 20, 2024, the fiscal revenue and expenditure situation announced by the Chinese Ministry of Finance revealed that from…

Paul WilkinsMay 20, 2024May 20, 20244 mins

China’s capital outflows intensified in April, highlighting the resistance faced by the Renminbi amidst a sluggish domestic economy and uncertainty…

John UtMay 20, 2024May 20, 20244 mins

Apple has launched a large discount promotion on the official Tmall website in China, with some iPhone models enjoying discounts…

Lynn ModiseMay 20, 20245 mins

Red Lobster, a well-known seafood restaurant in the United States, officially filed for bankruptcy protection on Sunday, May 19th. In…

David SessionsMay 20, 2024May 20, 20244 mins

According to a recent survey, as China’s real estate investment and sales continue to decline, house prices in mainland China…

Jesse HanMay 20, 2024May 20, 20247 mins

With the recent rise in gold prices, on May 20th, the domestic jewelry gold price in China has surpassed 742…