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Delisting-fears-wipe-out-1-trillion-in-value-from-Chinese-stocks
Delisting Fears Wipes Out Over $1 Trillion From Chinese Stocks
The decades-long relationship between Wall Street and China seems to be coming to an end as many Chinese companies face the risk of being removed from U.S. stock exchanges. The development comes as the Securities...
China-slashes-reserve-requirements-for-banks
Beijing Slashes Reserve Requirement For Banks
The People's Bank of China, the country’s central bank, has announced that it will reduce the reserve requirement ratio (RRR) for banks. The reserve requirement forces banks to maintain liquid money so as to ensure...
China Navy Military Base in Africa
China Eyeing First Atlantic Military Base in Africa
A report from a classified American intelligence source told The Wall Street Journal on Dec. 6 that China’s People’s Liberation Army Navy (PLAN) is scoping the Central African country of Equatorial Guinea to establish its...
USDA Choice beef is displayed for sale in a grocery store on November 11, 2021 in Los Angeles, California. U.S. consumer prices have increased solidly in the past few months on items such as food, rent, cars and other goods as inflation has risen to a level not seen in 30 years. The consumer-price index rose by 6.2 percent in October compared to one year ago.
Half of Americans Suffering From Inflation, Poll Finds
With the American economy experiencing the highest inflation in over three decades, millions of households are feeling the pinch as the cost of food, rent, and a range of other goods and services have increased. ...
Chinese-Companies-face-delisting-if0they-don't-abide-by-US-audit-legislation
SEC Pushes Forward With Delisting Chinese Companies
On Dec. 2, the U.S. Securities and Exchange Commission (SEC) announced its final plan on implementing a new law that requires foreign companies to observe U.S. accounting rules and comply with information requests made by...
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Twitter Bans Sharing of ‘Private’ Pictures Following Announcement of new CEO
Twitter has banned the sharing of private pictures, without consent, from its platform, citing "growing concerns about the misuse of media and information" to "harass, intimidate, and reveal the identities of individuals." The move came...
Japan Prime Minister Shinzo Abe
China Calls ‘Emergency Meeting’ With Japanese Envoy After Abe’s Remarks on Defending Taiwan
After former Japanese Prime Minister Shinzo Abe said on Dec. 1 that neither his country nor the United States could stand by if Communist China attacked Taiwan, Beijing’s foreign ministry summoned Japan’s ambassador for an...
50 Million Chinese Reportedly Infertile, Prompting State Interest in ‘Assisted Reproduction’
Officials in China have released data showing that the number of infertile couples in the country have exceeded 50 million, a record high. In order to solve its worsening population crisis, the Chinese Communist Party...
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Premier Li Keqiang Asks Officials to Avoid Communist-style ‘Bureaucratism’ as China’s Economic Crisis Worsens
News analysis At a recent meeting in Shanghai, China’s number two statesman provided provincial leaders with the latest instructions on economic policy and social development, while indicating the severity of the country’s economic situation.  Speaking...