China’s ongoing decline in factory-gate prices, as indicated by the producer price index (PPI), is exerting deflationary pressure on the global economy, potentially marking the conclusion of the global interest rate increase cycle. The National Bureau of Statistics (NBS) announced on Monday that China’s PPI fell by 5.4% year-on-year in June, marking the ninth consecutive […]
Tragedy Strikes as Kindergarten Stabbing Claims Six Lives, Including Three Innocent Children, in China’s Guangdong Province A senseless act of violence unfolded at a kindergarten in the southeastern province of Guangdong, China, resulting in the heartbreaking loss of six lives, including three young children. The local police swiftly took into custody a 25-year-old suspect identified […]
Escalating Tensions as China Deploys Warships and Fighter Planes Near Taiwan During US Treasury Secretary’s Visit As US Treasury Secretary Janet Yellen paid a visit to Beijing in an effort to mend strained relations, China heightened tensions by deploying warships and fighter planes in close proximity to Taiwan. The Taiwanese defense ministry closely monitored the […]
The music industry is in mourning as news of the untimely demise of celebrated Hong Kong-born singer CoCo Lee spreads. In a heartbreaking social media announcement, Lee’s sisters, Carol and Nancy, revealed that the talented artist had succumbed to her struggles with depression. Tragically, Lee had attempted to take her own life and, despite immediate […]