ECONOMICS
Europe, which has imposed tariffs of up to 45 percent on Chinese electric vehicles, fears Beijing is rapidly shifting parts of its EV manufacturing supply chain to nearby Morocco in an effort to bypass those duties and gain easier access to the European market. EU Trade Commissioner Maroš Šefčovič has
Racing to Prevent Real Estate Collapse, 21 Chinese Cities Issue ‘Decline Limit Orders’
China's housing market has been under heavy downward pressure since the second half of this year. According...
China’s Factory and Consumer Inflation Spikes, Little Relief in Sight
China’s producer price index (PPI) rose by 13.5 percent in October year-on-year, which is a faster rate...
Millions of Chinese College Grads Fail to Find Work, Threatening Social Crisis
A record 9.09 million college graduates are set to enter China’s workforce this year. With new jobs already...
US Heating Costs Expected to Soar Alongside Rising Gas Prices
Biden-appointed Energy Secretary Jennifer Granholm confirmed on Oct. 7 that Americans should expect higher...
Federal Reserve to Begin Reducing Bond Purchases Beginning This Month
In a step towards withdrawing the massive support it has been providing to the financial markets and...
Another Chinese Property Developer Faces Trouble Amidst Real Estate Crisis
Ever since China’s biggest real estate developer Evergrande unraveled its financial situation, several...
China’s Top Court Deems Brutal ‘996’ Overtime Policy Illegal
China’s Supreme People’s Court has deemed the overtime practice of “996”, working 9 a.m. to 9 p.m. six...