Category: Finance

China’s first case of Baoshang Bank’s low-key bankruptcy after 2 years in official receivership

Amid calls from delegates to the Communist Party’s “two sessions” to establish special regulations on the bankruptcy of financial institutions,…

Norwegian Fund Investigates Xinjiang RTL Case, Hits $49 Billion Investment in Communist China

Norway’s sovereign wealth fund, which is pivotal to the global financial market, invested 736 Chinese companies, such as Ali $6.5…

Exclusion of Huawei India amended the law: telecom providers can only purchase trusted equipment

The Indian government yesterday adopted amendments to the telecom licensing norms, from June 15, the telecom providers to purchase telecommunications…

Economic recovery has hidden worries? China’s copper stocks hit record or signal weaker demand

Foreign media are reporting that copper prices, considered an “economic barometer,” have risen to a nine-year high, doing more harm…

Uneven economic recovery 40% of Americans still feel the pain of a sharp drop in income

One year after the outbreak of the New Guinea virus, many Americans are still struggling financially. Pictured here is Kansas…

Office of the U.S. Trade Representative: Extension of Tariffs on Nearly 100 Chinese Medical Supplies

The Biden administration will extend tariff exemptions for about 99 medical products from China until Sept. 30 of this year…

Not a good sign! All 3 major Chinese virtual currency microblogs blocked

The official microblog accounts of China’s three largest virtual currency exchanges, including FireCoin, OuYi and CoinAn, were blocked without warning…

Follow Netflix to buy funds

“After a year, the people are still there, the money is gone. “ 21-year-old Xiaotong said his helplessness to the…