Japanese Yen Falls to 34-Year Low Ahead of Bank of Japan Policy Decision.
On Thursday, the exchange rate of the Japanese Yen hit a 34-year low. With the Yen falling below 155 points,…
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Why Keeping Higher Interest Rates May Not Be a Bad Thing?
The US economy appears to be thriving, despite recent challenges, with the stock market remaining strong. Therefore, it is difficult…
Local Authorities Fail to Provide Housing Subsidies for Seven Years Amid Economic Downturn.
In order to attract people to buy houses, many local authorities in China have been offering cash subsidies to eligible…
Chinese Communist Party Revives Western Development Plan, Experts Skeptical
On April 22nd and 23rd, Chinese Communist Party leader Xi Jinping inspected Chongqing and chaired a seminar on the development…
Blinken Meets with Shanghai Officials, Urges Fair Environment for American Businesses
US Secretary of State Antony Blinken visited Shanghai a day before meeting with top Beijing officials, emphasizing the responsibility of…
To secure orders, Canton Fair exhibitors engage in fierce price wars.
The 135th China Import and Export Fair (Canton Fair) is currently being held in Guangzhou, with more exhibitors participating compared…
Wang He: The Failure of Chinese Communist Party’s Steel Industry Policy
On April 17th, President Biden told steelworkers in Pittsburgh that “Chinese steel companies don’t have to worry about profits, they…
California Accounts for Half of the Top 10 Most Unaffordable Metropolitan Areas for Middle Class in America
According to a recent study by Creditnews Research, California still remains one of the states with the highest cost of…
Wu Huilin: A Brilliant “Historical Review of Interest” Masterpiece
Since the government monopolized currency and acquired printing presses, humanity has been deeply entwined with issues such as “currency inflation,”…
Meta’s Revenue Forecast Misses Expectations as AI Spending Increases, Stock Price Drops 16%
On Wednesday, April 24th, Meta released its first-quarter financial report. Despite better-than-expected data, the stock price plummeted 16% in after-hours…