Floods Ravage Shenzhen! Torrential Mountain Floods Invade the City, 1.5 Meters Deep, Cars Swept Away
On April 23, the authorities in Shenzhen declared the city is under a state of torrential rain alert, but the traffic situation remained chaotic, and the drainage system seems …
China’s Economy in a Deadlock: Masses Stop Mortgage Payments, Banks Reject Foreclosures
China's economic downturn has led many people to stop making payments, flooding the market with auctioned properties and causing prices to continue to drop. The emergence of these defaulted properties also means …
'Putin, we're not backing down': Biden announces new G7 aid to Ukraine
Joe Biden hailed a breakthrough as he met Ukraine’s president Volodymr Zelenskiy regarding G7 western economies' agreement to mobilise an extra $50bn (£39bn) of aid to Ukraine using frozen Russian state assets. …