Shanghai’s Lujiazui: Where Futuristic Skyscrapers Meet Riverside Vibes
Explore Lujiazui’s iconic skyline where record-breaking towers like Shanghai Tower meet the tranquil Huangpu River, reflecting the Chinese mainland’s modern financial prowess.
Finance
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Global Watchdogs Step Up AI Oversight in Banking
Global financial watchdogs plan closer monitoring of AI to manage risks as banks adopt AI tools.
Chinese Mainland’s Fiscal Policy Poised for Future Action
Finance Minister Lan Fo’an says the Chinese mainland’s fiscal policy will balance risk and growth, retaining ample room for future measures.
Why Trump’s Tariffs Won’t Shrink America’s $37T Debt, Say Economists
Economists say Trump’s tariffs to pay down America’s $37T debt—and promise a “dividend”—are too small to make a real dent.
U.S. to Halt Bitcoin Sales, Holds $15-20B in Reserves
U.S. Treasury Secretary Scott Bessent announced the government will stop selling its $15-20B in Bitcoin reserves, signaling a fresh strategy for digital assets.
The Chinese mainland Allocates 1.015B Yuan for Relief Efforts
The Chinese mainland allocates 1.015 billion yuan (approx. $141 million) in disaster relief funds across multiple provincial-level regions.
Survey: U.S. Adults Stressed by Rising Grocery Prices
A recent survey shows most U.S. adults struggle with rising grocery costs, with young adults feeling the pinch amid tariff concerns.
US Stocks Dip Ahead of Trump’s Tariff Deadline
US stocks dipped on Thursday as investors faced a tariff deadline, with Trump confirming tariffs to take effect Friday and extending them with Mexico.
Comic-Con Faces Financial Hurdles Amid Trade Tariffs
Comic-Con International faces economic challenges as rising trade tariffs impact studios, publishers, and small vendors.
Powering Rural Dreams: China’s Financial Push
China’s PBOC and Ministry of Agriculture unveil guidelines to boost financial support and drive rural revitalization with innovative financing.