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The Collapse of Evergrande: A Symbol of China’s Deepening Property Crisis, Flailing Economy
In a landmark decision that highlights the ongoing turmoil in China's real estate sector, a Hong Kong...
Hong Kong Feels the Impact as Foreign Investors Vacate China
Major U.S. and other international financial movers are quietly withdrawing from the risky Chinese market...
Toyota Head Questions EV Dominance, Champions Hybrids and Hydrogen Fuel
The chairman and former CEO of Toyota Motor Corporation, Akio Toyoda, has reiterated his company's reluctance...
China Mulls $139 Billion ‘Special Debt Issuance’ to Stimulate Economy, Long-Term Growth
In hopes of salvaging a sputtering economy, China is poised to issue a staggering 1 trillion yuan ($139...
Simmering Tensions: China Sanctions 5 US Defense Firms Over Arms Sales to Taiwan
On Jan. 7, China imposed sanctions on five American defense manufacturers in response to Washington’s...
Tesla, Other EVs Lose Tax Credits as US Hopes to Reduce Dependency on Chinese Batteries
WASHINGTON, D.C. (Reuters) — Many electric vehicles lost eligibility for tax credits of up to $7,500...
In Rare Admission, Xi Jinping Says China’s Economy Is Struggling
In a rare admission, Chinese Communist Party (CCP) leader Xi Jinping, admitted during his year-end national...
Some Chinese Goods to Remain Exempt From Trump-era Tariffs Until June 2024
WASHINGTON — The office of U.S. Trade Representative Katherine Tai on Tuesday, Dec. 26 announced a further...
Intel Granted $3.2 Billion for New Chip Plant in Israel
JERUSALEM — Israel's government agreed to give Intel a $3.2 billion grant for a new $25 billion chip...