“In light of a weak economy, the trend of forming ‘savings buddies’ is on the rise among Chinese women”
In China, the sluggish economy and high unemployment rates have left ordinary people feeling increasingly anxious about the future. The…
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US Job Vacancies Hit Three-Year Low as Labor Market Cools
In March, job vacancies in the United States dropped to their lowest level in three years, while resignations also decreased….
Chinese airline company incurred a total loss of 17.1 billion last year.
Recently, the annual reports for 2023 and the first quarter of 2024 of Chinese listed airlines have all been released….
Federal Reserve: Inflation Rate Close to Stagnation, Interest Rates Remain Unchanged.
On Wednesday, the Federal Reserve maintained interest rates unchanged while indicating a recent slowdown in the pace of inflation. This…
GoPro Accuses Chinese Company of Patent Infringement, U.S. Government Launches Investigation
The US International Trade Commission (USITC) announced on Wednesday that it will investigate whether cameras, imaging systems, and accessories produced…
Chinese Communist Party Data: Severe Automobile Overcapacity, Utilization Rate Below 50%
In recent months, both U.S. Treasury Secretary Yellen and German Chancellor Scholz have visited China and raised concerns about China’s…
Shell Announces Withdrawal from Chinese Power Market
Energy giant Shell has announced its withdrawal from the Chinese electricity market as part of its ongoing efforts to realign…
US private sector adds 192,000 jobs in April, surpassing expectations
On Wednesday, the US Automatic Data Processing Company (ADP) released data showing that private sector employment increased by 192,000 in…
Chinese Housing Market: Second-hand House Prices in 100 Cities Drop for 24 Consecutive Months, Trading Volume Continues to Increase
In the latest update, the Chinese real estate market continues to struggle. New data shows that prices of second-hand homes…
US first-quarter labor costs rise, road to resist inflation faces obstacles
Due to the increase in wages and benefits, the rise in labor costs in the first quarter in the United…