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China’s debt markets suffer portfolio outflows while emerging markets gain

Uncategorized 09/14/22, 18:37

According to Reuters, citing data from the Institute of International Finance (IIF), China’s debt market portfolios lost $7.7 billion in August in seven consecutive months of outflows. The figure signals a worrying message for the world’s second-largest economy. IIF economist Jonathan Fortun said, "For the coming months, several factors will influence ...

Hong Kong property market downhill without brakes, experts

Uncategorized 09/14/22, 18:35

According to the Hong Kong Property Review, the recent price of housing and rentals reached the lowest in nearly 30 months. Experts predicted that it is very difficult to tell how long this will last. On August 29, the department released its latest data. Hong Kong's property price index recorded its ...

China lockdown: Apple workers barred from leaving work, cut off from families

Uncategorized 09/14/22, 18:27

Apple’s employees at a data center in a Chinese city got stuck following the country’s latest COVID lockdown. Bloomberg reported that the COVID pandemic hit Guiyang city, Guizhou province, forcing Apple’s data center operator to close in accordance with the city’s lockdown. The Chinese government still insists on its Zero-Covid policy. Apple’s data ...

Fujian province: Local authorities stole the land of over 6000 people

Uncategorized 09/14/22, 18:25

According to NTDTV, in Fuqing city, Fujian province, local authorities are alleged to have taken over thousands of acres of land. Authorities said they use these lands for public works. However, people accused them of misusing the land. Specifically, people said, in 2000, the local government in Guqing city asked people to ...

A horrifying video, no one in it behaves normal

Uncategorized 09/14/22, 15:27

On Monday, September 12, a 3-minute video went viral on Chinese social media, capturing the entire process of a 10-year-old child strangling his grandmother to death. The Sohu newspaper reported on September 13 that a 10-year-old boy strangled his grandmother to death, while the person next to him laughed, calmly filming ...