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One of the most crucial meetings in international relations will take place this June: U.S. Secretary of State John Kerry, along with U.S. Treasury Chief Jack Lew, and other top officials will meet with State […]
Thousands of coal miners stormed the streets of Heilongjiang, a north-eastern town in China, to protest pay cuts and unpaid wages, according to local media. The protestors rallying over the weekend are employees at the […]
New York has a long standing as the billionaire capital of the world, serving as home to 95 people with that extreme amount of wealth. For the first time, however, New York has been ousted […]
As China’s economy slows, millions of migrant workers are flocking back to the countryside raising concern among local governments that they may stay there. Chins is dealing with an overall shrinking labor force in the […]
China’s income inequality is among the worst in the world, according to a new study by Peking University. According to the report, China’s richest 1 percent owns about one third of the country’s wealth, while […]
2015 has not been a very bright year for China’s economy and many analysts are pointing the finger at government intervention, which has included a crackdown on some of China’s biggest business leaders. The purge, […]
The United States is expected to lose its spot as the world’s top economy to China by 2031, according to a new report by the U.K.-based Centre for Economics and Business Research. At the time, […]
The International Monetary Fund on Monday anointed China’s renminbi as one of the world’s leading currencies in a historic decision. The designation, an accounting unit called special drawing rights, means the renminbi will become more […]
As Chinese banks expand in the U.S., they seem to be bringing with them their secrecy laws and challenging how far U.S. judges can go in accessing records stored in China. In case closely being […]
Worldwide stock markets rose Friday after China increased interest rates for the fourth time this year. The boost comes after stocks across Asia, Europe, and the Americas had already climbed Thursday following the European Central […]
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