It has been revealed that the Kremlin has forced private banks in Russia to give $250 billion in preferential loans to Russian defense companies to support Putin's war in Ukraine.
China’s Insurance Industry Undergoes Major Downsizing, Shutting Nearly 2,000 Branches
In recent years, China’s insurance industry has faced significant turbulence, marked by the closure of numerous branch offices and a sharp decline in the number of insurance agents.
State Farm Pulls Super Bowl Commercial After LA Fires
State Farm pulled its Super Bowl commercial due to the devastating Los Angeles fires. In a statement, the company says, "Our focus is firmly on providing support to the people of Los …
China’s Furniture Capital Is Finished! 3,000 Foshan Factories Close Before New Year
Foshan is a major hub for China’s furniture industry, often called the “Furniture Trade Capital of China.” It’s said to be one of the largest global bases for furniture …
The unemployment crisis among university graduates in China is worsening, with many forced to take jobs that don't match their educational qualifications. From a Tsinghua master's degree holder learning to cook, to students working as …
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