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BUSINESS

How China’s Youth Are Redefining Success By Embracing ‘Lying Flat’ and ‘Resignation Parties’

Grappling with soaring living costs, a faltering economy, and rising unemployment rates, an increasing number of China's youth have begun adopting a lifestyle called “'lying flat,” or tang ping (躺平)
China’s economic growth is being threatened by a new “lying flat” movement among young citizens. Shoppers wait in line outside a Chanel store at a mall on April 18, 2021 in Beijing, China.

Major Money Managers and Investors Wary of China Amidst Losses and Regulatory Scrutiny

Amidst China’s deepening financial crisis, which appears to have hit every sector in the communist country’s economy, the world’s largest and leading financial managers are fleeing the country, many leaving
Toyota, Other Japanese Companies to Start Hydrogen Energy Investment Fund
The Politics of Evergrande’s Collapse
Reforming Taxes, Boosting Small Business Are Priorities for Dave Crance’s Virginia Delegate Race
US Faces Host of Economic Troubles as Growth Slows in Europe, China
Why the Metropolitan Learning Institute Is a Top Choice for Aspiring Professionals in New York
Another Chinese Real Estate Developer Files for Bankruptcy Protection in US Court
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China Shifts Focus to Domestic Demand and Green Tech Opportunities Amid Export Downturn
A critical decrease in China's exports — the fastest since the onset of the COVID-19 pandemic — has underscored...
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Bank of America Slapped With $250 Million in Fines and Repayments Over Consumer Protection Violations
On July 11, regulatory agencies disclosed that Bank of America — one of the country's leading financial...
Prominent US Think Tank Leader Accused of Espionage and Illicit Dealings With the CCP
On July 10, federal prosecutors from the Department of Justice (DOJ) announced the indictment of a well-known...
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NYC’s Lester Chang Holds Business Conference, Calls to Boost Opportunities for the City’s Asian Population
On July 7, New York State politician Lester Chang who represents New Yorker’s in the State Assembly’s...
Investors Wary of China’s Economy Amid Stagnant Post-Pandemic Recovery and Anticipated Stimulus Measures
As momentum for China's post-pandemic economic recovery begins to decelerate, the upcoming stimulus measures...
Meta is courting Tencent to import its Quest virtual reality Metaverse goggles to the Mainland
Zuckerberg Courting Tencent to Export Metaverse Goggles to China: Reports
The brainchild of billionaire Mark Zuckerberg, Facebook, which has since rebranded to Meta, has never...
Yellen’s Diplomatic Mission to Beijing: A Strategic Step Towards Cooling US-China Tensions
On July 6, U.S. Treasury Secretary, Janet Yellen, embarked on a four-day diplomatic journey to Beijing...
China’s Export Controls on Gallium and Germanium Escalate Semiconductor Trade War
The longstanding dispute over the future of semiconductors between the world’s top two powers — China...
Premier Li Qiang Talks Up China’s Growth at World Economic Forum Meeting
Li Qiang, China’s new premier, addressed the World Economic Forum on Tuesday, June 27 at a meeting in...