Even high-income Chinese people also choosing budget domestic tourism? Over 80% opt for low-cost options
As China’s economy continues to stagnate, changes in travel and consumption patterns are taking place. Compared to expensive and bureaucratic…
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US Fed Officials Express Hawkish Views Amid Below-Par Inflation Data
Minneapolis Federal Reserve Bank President Neel Kashkari stated on Tuesday (May 28) that policymakers at the Federal Reserve should wait…
Nomura Economist Pessimistic about Chinese Real Estate Market, Lecture Video Goes Viral
Recently, the hot topic in the Chinese economic sector continues to be the fluctuation of the real estate market. A…
Mainland Banks Suspend Cardless Withdrawal Services, Drawing Attention.
On May 29th, the news that “Multiple Banks Suspend Cardless Cash Withdrawal Services” has garnered attention on the Chinese internet….
New York City Water Rates Might Increase by 8.5% as Water Board to Vote on June 13
According to a draft released by the New York City Water Board on May 3rd, the New York City Department…
Must-read for climbing the wall: CPC’s Third Plenum Reform is an Illusion
【Epoch Times May 29, 2024】Epoch Times daily curates must-read articles for readers: Economist Zhou Qiren Appears in High-Level Meeting, Analysis:…
Evergrande in Financial Trouble, Sells Shenzhen Bay Headquarters Site at a Loss of 1.7 Billion
On May 28, Vanke Corporation (Vanke) announced that the land of Vanke’s Shenzhen Bay headquarters had been sold, bringing back…
Bloomberg: Li Ka-shing’s Vacant Buildings Highlight Worsening Decline in Hong Kong
Recently, Bloomberg reported on the Hong Kong real estate market, highlighting how Li Ka-shing’s Cheung Kong Center has become a…
Hong Kong Monetary Authority Delegation Visit Malaysia to Enhance Bilateral Financial Cooperation.
The delegation from the Hong Kong Monetary Authority (HKMA) concluded a three-day visit to Kuala Lumpur, Malaysia with the aim…
Canada rejects being used by the Chinese Communist Party as a cheap trade route.
On Tuesday, May 28, Canadian Finance Minister Chrystia Freeland stated that Canada will not allow itself to become a trade…