German Leader Refutes Hype of Foreign Firms Leaving Chinese Mainland
Despite rumors of foreign companies exiting the Chinese mainland, Michael Schumann, a German business leader, remains positive and reports no German firms are planning to leave.
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China Releases July 2023 Economic Performance Report
China’s State Council Information Office unveils the national economic performance for July 2023, highlighting key sectors and trends impacting the global economy.
UK Set to Be Only Major Economy Shrinking in 2023, IMF Warns
IMF predicts UK will be the only major economy to shrink in 2023, with a 0.6% contraction, adding pressure on policymakers and markets.
Guangzhou Diners Flock to Restaurants as COVID Restrictions Ease
Guangzhou lifts COVID-19 restrictions, sparking a surge in restaurant activity as businesses and residents embrace renewed economic momentum.
G20 Voices: How Citizens Worldwide View China’s Global Role
As the G20 Summit wraps up, global citizens share views on China’s expanding role in international cooperation and economic growth.
Soaring U.S. Inflation Squeezes Households: Voices from the Ground
As U.S. inflation hits a 40-year high, Americans share how rising costs for gas, housing, and essentials are reshaping daily lives and future plans.
LA Gas Hits $6: How Inflation Is Reshaping Daily Life
Los Angeles faces historic inflation with gas surpassing $6/gallon and grocery prices soaring 30-60%, reshaping daily life for residents amid 40-year cost peaks.
Australia’s Cost of Living Crisis Sparks Economic Uncertainty
Soaring prices in Australia driven by global and local factors create economic uncertainty, with lower-income residents hit hardest, reports reveal.
US Faces Most Expensive Christmas in History Amid Record Inflation
With a 6.2% surge in CPI, the US faces unprecedented inflation, making this Christmas potentially the most expensive in history.
Pandemic-Driven Childcare Costs Challenge American Families
The pandemic has led to soaring childcare costs, forcing American middle class families to navigate financial challenges and disrupted child care services.