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Central Bank Announces Reduction in Existing Mortgage Rates; Details Still Unclear

The long-awaited public announcement of the reduction in the interest rates on existing housing loans has finally been made official.On September 24th, at a press conference held by the State Council ...

⏱️ Sep-24 , 2024

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Offshore Yuan Hits 16-Month High, Briefly Breaking 7

On the morning of September 25th, the offshore renminbi's spot exchange rate against the US dollar once broke through the 7.0 mark, marking the first time since May 2023. It is noteworthy that on Sept...

⏱️ Sep-21 , 2024

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Price War Leads to Over 100 Billion Yuan Loss in New Car Sales in China

In the past, dealers who wanted to obtain authorization for a luxury brand store had to pay more than ten million yuan in public relations fees. Some car companies even required dealers to have govern...

⏱️ Sep-14 , 2024

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Offshore Yuan "Breaks 7"; Room for Appreciation in Q4

The Chinese yuan's exchange rate against the US dollar "broke 7" in the early morning, giving the market a boost.On September 25th, during the early Asian trading session, the offshore yuan recovered ...

⏱️ Sep-12 , 2024

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Japan: 37,000 km² Yields 6.61M Tons Rice Annually

A "Rice Shortage" Sparks Reflection: What's Wrong with Japanese Agriculture?In recent years, Japan, a technological powerhouse, has seen its economy repeatedly flash warning signs, and the "rice short...

⏱️ Sep-12 , 2024

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Digital Risk Control: Navigating Consumer Finance Through Market Cycles

The competition in the credit market is becoming increasingly fierce, and consumer finance companies targeting the long-tail customer base need to seek new strategies in the era of existing stock.The ...

⏱️ Sep-03 , 2024