Collapse of China's Real Estate: How State-Owned Banks and Government Policies Are Shaking Up EverythingChinese companies rarely go bankrupt. However, primarily, real estate firms frequently face bankruptcy.
Billionaire Couple's $275 Million Gift Sparks Global Attention: Why Did They Choose to Give It All Away?Billionaire Couple Distributes Lifelong FortuneApproximately $275 million Given to VillagersReported to be for Their Ordination in Jainism A billionaire from India has distributed various items, including cash, to villagers while riding on a parade car. The online media Sanook reported on April 21 that the man, his wife, and 35 relatives distributed money and goods […]
China Gives Out Cash Rewards for Successful Matchmaking The Chinese government has dangled a carrot to boost marriage rates by offering cash rewards to matchmakers who marry rural bachelors...
North Korea Pushes for Electronic Payments to Tighten Market ControlNorth Korea enforces cashless transactions, revises financial laws to curb marketization, promote electronic payments, and limit usury.
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