Category: Finance
China’s corporate bonds may see a new wave of defaults this year
Chinese companies are likely to see a new wave of debt defaults this year after a string of debt meltdowns…
U.S. school closures have a profound impact, costing about $150 billion annually
A new research report released by the San Francisco Federal Reserve Bank points out that most of the United States…
China’s economy riding high? Unfortunately, the truth cannot be faked
The Chinese Communist Party propaganda department recently announced the annual GDP for 2020 across the mainland, and the report card…
China’s EVA shares plunge 63% after short-sellers snipe at multiple frauds
Shares of U.S.-listed Chinese drone maker EVA plunged nearly 63 percent on Tuesday after short-selling firm Wolfpack Research issued a…
U.S. Expert: Chinese State Capitalism Threatens Global Markets
Since the rise of China, Western scholars have tended to label the economic system practiced in China as “state capitalism….
EU launches “New Multilateralism Agenda for the 21st Century”: Promoting WTO, WHO reforms
The European Commission published a “Joint Communication to the European Parliament and the European Council on strengthening the EU’s contribution…
U.S. producer price increase in January wrote the largest in 2009
The U.S. producer price increase in January wrote the largest since 2009, mainly due to the rising cost of goods…
China’s “old before it’s rich” newborns plunged 15 percent last year
China has fully implemented its “two-child policy” since 2016, but the results have been less than ideal. The latest figures…
International oil prices rise to 13-month high
International oil prices rose on the 16th, coming in near a 13-month high due to a cold snap in the…
Mainland drone maker sniped by short-sellers, shares plunge 60 percent
Chinese drone maker EHang’s U.S.-listed stock closed down 62.69 percent to $46.30 after short-seller Wolfpack Research questioned the accuracy of…
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