White House denies secret currency deal, supports strong US dollar.
On Thursday, May 22, the White House Chief Economist denied the existence of a secret currency agreement aimed at weakening…
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Trump tax reform cuts subsidies, green energy company stocks plummet
On Thursday, May 22, the tax reform and spending bill proposed by US President Trump was passed in the House…
Asian Man Sentenced to 6 Years in Prison for Illegal Money Transfer, Confiscation of $1.51 Million
An Asian man was sentenced to six years in prison and three years of supervised release by a federal court…
China’s tax-free consumption declines, brands like Estée Lauder suffer setbacks.
Hainan’s tourism retail industry has been in a prolonged slump for the past 14 months, with no signs of improvement…
Renowned Column: Renminbi Can Never Replace Dollar
In recent years, global financial media has been speculating on when the Chinese yuan will replace the US dollar as…
Suicide wave reappears in Taiyuan, Informant says economic pressure leaves no way out
In recent times, incidents of individuals committing suicide by jumping into rivers have resurfaced in cities like Taiyuan, mainland China,…
Amazon: No seen tariff policy affecting prices or consumer demand
Amazon CEO Andy Jassy revealed at the annual shareholder meeting that the company has not seen significant changes in average…
Chief of BIS Innovation Hub for Digital Currencies Resigns Early
The Bank for International Settlements (BIS) announced that Cecilia Skingsley, the head of the BIS Innovation Hub and former Deputy…
China’s Economic Downturn Leads to the Emergence of Professional Debtors – Uncovering the Gray Industrial Chain
In recent years, China’s economy has been slowing down, leading to a surge in small and medium-sized enterprise closures and…
Nike Reunites with Amazon Six Years Later, Opening Online Store Directly
American sports shoe brand Nike has decided to resume cooperation with e-commerce platform Amazon, opening a direct store on the…