**Yiwu, China’s largest small commodity market, is betting big on cross-border e-commerce to fuel its next phase of growth, as domestic demand growth slows.** The city in eastern China’s Zhejiang province, known as the world’s supermarket for small commodities, is…
**Myanmar’s Military Junta Fails to Crush Defiance Through Crackdowns**. **Introduction:**. Myanmar has been plunged into chaos since the military staged a coup on February 1, 2021, overthrowing the democratically elected government led by Aung San Suu Kyi. The junta has…
A 90-year-old woman who spent decades in foster care has finally found a permanent home.. [Image of Emma Benoit with her new adopted family]. Emma Benoit was just 12 years old when she entered the foster care system. She spent…
China has released a new five-year plan for the development of artificial intelligence, aiming to boost the country’s tech industry and maintain its global competitiveness. The plan, unveiled by the State Council on Friday, sets out a roadmap for the…
NEW YORK, Feb. 28, 2022 /PRNewswire/ — Three law firms, Napoli Shkolnik PLLC, Bernstein Liebhard LLP, and Weitz & Luxenberg P.C., representing over 100,000 New Yorkers, today filed a billion-dollar lawsuit against Purdue Pharma L.P. and its owners, the Sackler…
**China’s Outbound Direct Investment Slows Down as Economy Cools**. China’s outbound direct investment (ODI) slowed down in 2022 amid a cooling economy and strict COVID-19 restrictions.. According to the Ministry of Commerce, China’s ODI dropped by 10.9% year-on-year to $138.4…
**The Met Gala 2023: A Night of Gilded Glamour**. The highly anticipated Met Gala returned on Monday, May 1, 2023, with a star-studded guest list and a theme that celebrated the evolution of American fashion. This year’s theme, .
Even before the U.S. launched airstrikes that killed Iranian General Qasem Soleimani, Toronto’s cultural, economic and political ties to Iran meant the city was bound to feel the heat of any escalation between the two countries, say city leaders, as well as business and Iranian community groups. On Wednesday, the Toronto Region Board of Trade hosted…
**Understanding the Rise and Fall of China’s P2P Lending Industry**. **Introduction:**. Peer-to-peer (P2P) lending, a form of alternative financing that connects borrowers and lenders directly, experienced a meteoric rise in China from 2012 to 2015. However, the industry faced a…
**Biden team considers wide-ranging strategy to aid struggling households, boost economy** WASHINGTON (Reuters) — President Joe Biden and his top economic advisers are considering a sweeping strategy to combat inflation and promote economic growth ahead of the midterm elections as…
