Over 90% of Wenzhou Shoe Factories Have No Orders – Is 'Made in China' Doomed?
Industry insiders point out that Wenzhou’s shoe factories are plagued by cutthroat competition. For example, when a brand offers a production price of 100 yuan per …
'Unprecedented times': South Korea's Acting President impeached
There have been angry scenes in the south Korean parliament after the Acting President was impeached. It comes as the fallout continues from the failed martial law decree that saw police and the military …
3 weeks, 2 days ago
Fri 27th December 2024
[UTC + 07:00]
South Korea opposition moves to impeach acting president Han Duck-soo
Opposition members in South Korea's parliament submitted a motion on Thursday to impeach Han Duck-soo, the country's prime minister and acting president. The challenge to Duck-soo comes after he refused to …
Many Chinese banks were dissolved and restructured, with massive layoffs and salary reductions.
Currently, Chinese banks are facing several challenges, including difficulties in issuing loans, an imbalance between deposits and loans, and excessive business pressures. Even in Beijing and Shanghai, the …