Bankrupt, Shuttered, Debt-Ridden Bosses: Private Firms Struggle, CCP Plays Another Cunning Trick
Corporate bankruptcies and closures have been rampant among private enterprises in China since 2023. The bosses are burdened with debts, and the remaining companies barely survive under various …
1 year, 2 m…
Thu 18 Jan 2024 11:52 AM [UTC + 07:00]
Domestic China's & International Brands Can't Withstand Economic Crisis:Top Beauty Brands Exit China
According to Chinese media reports, in 2011, Benefit briefly joined Tmall but closed its store in less than half a year. In 2017, Benefit re-entered Tmall …
1 year, 2 m…
Thu 18 Jan 2024 10:14 AM [UTC + 07:00]
As someone who spent 9 years in Malaysia, I am not surprised, No Indian or Chinese Malay is allowed to be Prime Minister of Malaysia, if that is not the HIGHEST form of RACIAL discrimination, then I don't know what discrimination …
1 year, 2 m…
Thu 18 Jan 2024 09:30 AM [UTC + 07:00]
Nigeria blast kills at least 3, injures dozens as buildings collapse
At least three people were killed and dozens were injured on Tuesday, when explosives stored at a private residence detonated in Nigeria's Oyo state, its governor said on Wednesday. …
China Bans Cheap Knockoff EVs From Roads, Reason: They’re Too Dangerous!
According to data released by the Public Security Traffic Management Department in 2019, from 2013 to 2018, there were 830,000 traffic accidents caused by electric vehicles for the elderly. …
1 year, 2 m…
Wed 17 Jan 2024 10:41 AM [UTC + 07:00]
China’s First-Tier Cities Doomed! Flood of Jobless Workers Departing, Leaving Mass Homes Unrented
In 2023, rental prices in mainland China's top-tier cities experienced a significant drop, with rates plummeting by thousands of yuan, yet landlords find themselves unable to secure …
Bakery Owners Weep! Over 120,000 China's Bakeries Shut Down and Close In 2023
In the context of a continuously weak economy, low consumer spending, a wave of business closures, and a surge in unemployment, the closure rate of China's catering …
China’s Leather Capital Doomed! Foreign Orders Gone! Clothing Industry Closures Sweep Across China
The outlook for the clothing export industry is particularly worrying. Hebei's Xinji, known as the "Leather Capital of China," boasts a 3,000-year history in leather making and …