ECONOMICS
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...
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...
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...
Driven by Post-Pandemic Rebound, US Oil Giants Spent $250 Billion in 2023
HOUSTON — The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies...
Beijing Deploys Propaganda to Cover up China’s Rapid Economic Decline
Worsening economic figures, rising political instability, and intensifying crackdowns by the Chinese...
High Rental Costs Worsened US Consumer Inflation in November
WASHINGTON, D.C. — U.S. consumer prices unexpectedly rose in November as a decline in the cost of gasoline...
