FINANCE
According to Reuters, as global competition in the semiconductor industry continues to intensify, China's chip sector is accelerating efforts to achieve technological breakthroughs. Analysts say that although Huawei is advancing architectural innovations and packaging technologies, it remains constrained by critical equipment shortages and structural limitations in the global supply chain.
PCE Inflation at Highest Level in 4 Decades
The Federal Reserve’s preferred gauge of inflation, the Personal Consumption Expenditures (PCE) index...
US-listed Chinese Companies Lost $600 Billion This Year
According to the U.S.-China Economic and Security Review Commission, there were 248 Chinese companies...
Turkish President Defends Low Interest Rates, Asks People to Save in Lira
With inflation soaring and the value of the lira plummeting, many experts believe that Turkey could be...
Layoffs Increase in China as Multiple Industries Get Hit By Tougher Regulations
Over the past year, Beijing has imposed a plethora of regulations on industries ranging from tech, finance...
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...
Harvard Prof. Charles Lieber Convicted of Lying About China Ties, Receiving Millions in Funding
On Dec. 22, the U.S. Department of Justice moved to convict Harvard nanoscientist Charles Lieber for...
‘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...