ECONOMICS
NEW YORK, New York — In a major boost to local economies, Small Business Services Commissioner Kevin D. Kim sat down with Vision Times on May 6 to talk about the exciting new initiatives that will bolster the city’s Business Improvement Districts (BIDs) and community-based organizations across the region. With
Chinese Central Bank Slashes Main Interest Rate Amidst Economic Pressure
On Dec. 20, the People’s Bank Of China (PBOC) announced a five-basis point cut in its one-year Loan Prime...
American Families Struggling Under Weight of Inflation
Last month, the rate of inflation rose by 6.8 percent, the highest jump in around four decades. Families...
‘A Big Failure for the United States’: Florida’s DeSantis on Investing in China
Florida Gov. Ron DeSantis and his administration announced on Dec. 20 that they would move to take control...
Beijing Demands $210 Million From China’s ‘Queen of Live Streaming’ Viya
Chinese tax authorities have hit live-stream shopping influencer Huang Wei, known to her fans as Viya...
China Clamps Down on Starbucks, Tesla as It Encourages Boycotts of International Brands
By Tianzi Yang A report published on Dec. 14 described a Chinese reporter trying to expose food safety...
Sen. Rubio: Consulting Firm That Served Pentagon Lied About Its Links to Chinese Government
According to Senator Marco Rubio from Florida, the world’s largest management and consulting firm McKinsey...
Bank of England Hikes Interest Rates in Bid to Battle Inflation
In an attempt to rein in inflation the Bank of England (BoE) on Thursday voted to raise interest rates...
Chinese Tech Giant Huawei Linked to Surveillance Operations and Intelligence Gathering: Report
An analysis by the Washington Post finds that Chinese telecommunications firm Huawei may have played...
Panic at the Fed: Interest Rate Increases Coming as Inflation Soars
On Wednesday Dec. 15, the Federal Reserve (Fed) lifted its forecast for U.S. inflation in 2022 to 2.6...