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FINANCE

Another Hong Kong Bookstore to Close; ‘Book Punch’ Says Mounting Losses and Unclear Political Boundaries Made It Unsustainable

Shortly after Elm Tree Bookstore (榆林書店) announced its closure, another independent Hong Kong bookstore, Book Punch (留下書舍), announced on Thursday, July 14 that it will cease operations on Aug. 30. 
Book Punch Hong Kong

How ‘Small Yard, High Fence’ Is Reshaping Taiwan’s Role in Global Supply Chains

By Zhang Houguang, Political Analysis The phrase "small yard, high fence" has become a cornerstone of U.S. economic and national security policy in recent years. Typically described as a fairly
Bribery Probe Casts New Light on New York Developer’s Real Estate Empire
US Removes Four Indian Companies From Russia-Related Sanctions List as Trade Deal Nears
Beijing Plane Crash Sends Shockwaves Through China’s ‘Low-Altitude Economy’
Why China’s Gold Buying Spree May Create a Hidden Financial Vulnerability
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Cuba’s Reform Agenda Faces New US Pressure After Latest Sanctions
China Audit Finds 56 Counties Diverted $3.9 Billion in Rural Funds to Repay Debt
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Officials Visit Bronx Businesses as NYC Launches ‘Shop Your City’ Challenge
On Tuesday, July 6, 2021 at 3 p.m., Jonnel Doris, Commissioner of New York City’s Small Business Service...
The US Military Is Finding It Harder and Harder to Buy Semiconductors
Shortages, supply chains, and security weigh heavily in which chips can and can’t be used Semiconductors...
Oil-storage tanks are seen from above in Carson, California, April 25, 2020 after the price for crude plunged into negative territory for the first time in history on April 20. Although oil prices have stabilized somewhat since the unprecedented dive, the world remains in the throes of a glut of crude oil caused by a precipitous fall in demand due to the global coronavirus pandemic coupled with a lack of storage capacity for crude already in transit or still being produced.
Oil Prices Soar to Six-Year High Amidst OPEC Plus Infighting, Creating Winners and Losers
Infighting among key players of the Organization of the Petroleum Exporting Countries (OPEC) Plus alliance...
Chinese state media and social networking platforms called for boycotts of major Western brands, including Nike, after statements made by the companies in the past about Xinjiang cotton resurfaced online.
Slowdown in Earnings, Nike Chief Executive Assures Beijing His Firm Is ‘A Brand of China’
Nike recently held a conference call with Wall Street analysts about the company’s fourth-quarter earnings...
Corn planted by farmers is washed away by floods after torrential rains hit Yichang city, Hubei province, China, on June 18, 2021. Beijing appears to have shuttered Cofeed for reporting honestly on the country’s grain and corn harvests as the Communist Party fears losing social stability and control over the people.
China Suspected of Censoring Data to Cover Up Grain, Corn Supply Shortages
The Chinese Communist Party (CCP) has come down heavily on independent experts that publicize honestly...
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Businesses in China’s Guangdong Province Plagued by Continuing Power Restrictions
Manufacturing industries in China’s southern province of Guangdong are reeling under power shortages...
Rooibos: Extraordinary Herb Receives Due Distinction
A proud inheritance of South Africa, Rooibos tea has become the very first food in Africa to be approved...
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China Says Crypto Crackdown an Effort to Curb Money Laundering
Authorities in mainland China have arrested over 1,100 people involved in laundering illegal funds using...
China’s New COVID-19 Outbreak Risks Worsening Shipping Crisis
In May, the Chinese province of Guangdong saw a sudden outbreak of a new wave of COVID-19 infections...