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ECONOMICS

China Plans 1.5 Trillion in Financing to Prop Up Debt-Swamped Local Governments
Beijing is planning a move to alleviate some of the pressure on debt-laden local governments involving...
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As US Economy Stagnates, 30-year Mortgage Rate Soars
According to S&P Global’s U.S. Composite PMI Index which was released on August 23 and tracks manufacturing...
Workers are seen on a crane above containers at the Yangshan Deep Water Port in Shanghai, China January 13, 2022. (Image: Screenshot / REUTERS)
Data Shows Massive Decline in US-China Trade
News analysis The economies of the United States and China are rapidly decoupling from each other,...
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YouTube Blogger Uncovers Fake EV Boom in China
China boasts the world's most robust registration figures for electric cars, especially Chinese models...
Chasing Higher Interest Rates, Chinese Resort to ‘Special-forces’ Banking
A tightening of financial regulations in mainland China has many on edge as more people report experiences...
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Federal Reserve Hikes Interest Rates to Highest Level Since 2001
On July 26 (Wednesday), the U.S. Federal Reserve raised interest rates by 25 basis points. It’s the 11th...
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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...
Mongolian Prime Minister’s China Trip Highlights Growing Economic Dependence on Beijing
Luvsannamsrain Oyun-Erdene, the prime minister of Mongolia, recently completed a trip to neighboring...
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...