BUSINESS
China’s Billionaire Class Exposed in Hurun’s 2021 Rich List; Bottled Water and New Energy Create Fortunes
The 2021 Hurun China Rich List was announced on Oct. 27 and according to the calculation of wealth, as...
Beijing Asks Evergrande Founder to Use His Money to Pay Back Company Debts
Chinese authorities have asked the founder of Evergrande, billionaire Hui Ka Yan (also known as Xu Jiayin...
California Supply Chain Crisis Could Be Rooted in Union Labor Dispute
A major supply chain crisis that has left the California coast line littered with dozens of cargo ships...
P&G Blames Supply Chain Clogs for Price Hike, Sells it as Good News for Stakeholders
Consumer products giant Procter & Gamble (P&G) announced another price hike on consumer goods...
Pfizer Calls the Shots When It Comes to Government Vaccine Contracts
Pharma giant Pfizer-BioNTech reportedly dictates the governmental vaccine deals it engages in. According...
Debt-Besieged Evergrande Wins Small Triumph With US$83-Million Bond Payment
With more than $300 billion in outstanding debt, the Chinese real estate giant is by no means out of...
Offshore Investors in Trouble as Evergrande Favoring Domestic Obligations
With liabilities of more than $300 billion, China’s Evergrande Group is the one of most indebted property...
The Silent Influence of the ‘China Model’ on US Economic Policy
Most analyses of the Chinese economy belong to one of two types: those that come from the venture capital...
COVID-19 Crisis Fans Inflation of Food Prices, Rent, and Fuel
Consumer prices rose 8.6 percent last year induced by skyrocketing energy tariffs that are further hampering...
