BMW, Mercedes Plan to Exit China? $10,000 Loss per Car Due to Relentless Price Wars
An investor in car dealerships mentioned that stores often fluctuate between losing and breaking even each year, with losses around one to two million yuan. However, if they exit …
At least 10 killed in Russian missile strike on Ukrainian supermarket
A Russian missile strike hit a supermarket in the Ukrainian town of Kostiantynivka in the front-line Donetsk region on August 9, killing at least ten people and injuring …
China’s Local Governments Go Mad! Frantically Seizing Cash, 90% of Income From Fines
For example, the "land confiscation" incident in Kailu County, Inner Mongolia, caused quite a stir. Around April 2024, several farmers reported that town and village officials prevented them from farming and …
