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economy Archives - Page 6 of 8 - Gangnam Times

#economy (142 Posts)

  • Americans Pile on Debt as Chinese Pinch Pennies: Why Americans Borrowing, Chinese Budgeting U.S. sees record credit balances surge amid economic recovery hopes, while China focuses on low-cost brand consumption.
  • Cannabis in Canada: Six Years In, Is It a Success or a Problem? In Canada, marijuana use has surged, with 22% of Canadians using it in 2021, raising debates on its impact.
  • Drop in Chinese Yuan's Exchange Rate The Chinese yuan's exchange rate against the US dollar fell 0.01% to 7.1010 yuan. The U.S. dollar index fell to 102.29...
  • U.S.-China Trade Dispute Fades as Chinese Tech Firms Shine at CES 2024 Chinese companies return to CES 2024, aiming to analyze and consult on innovative technologies and services, despite previous challenges.
  • China's Self-Heating Instant Food Market Surges to $700 Million China's self-heating instant food market grew to $790 million in 2022, with a 7% annual growth rate over five years.
  • $6.30 for a Bag of Cheetos: Reality of U.S. Inflation When I checked the price of a large supermarket 'Target' at CES2024 in the United States, nacho chips were sold for 6830 won, Cheetos for 6303 won, Corona beer for 5250 won, and Blue Moon for 5903 won. This is quite high compared to domestic prices...
  • China's Rising Semiconductor Industry Puts Pressure on Korea Amid US Restrictions China's growing semiconductor self-sufficiency challenges U.S. sanctions, causing concerns for South Korean companies dependent on the market.
  • China's New Online Game Regulations Send Shockwaves Through Industry China's strict gaming regulations create tension, but seen as aimed at managing the industry rather than suppressing it.
  • Trump to Loose and Musk's X Goes Bankrupt in 2024, According to FT's Predictions Financial Times predicts Biden winning U.S. election, low chance of Middle East war, possible U.S. economic pain, China's growth, and more.
  • Elon Musk's 'Crazy Idea': Comparing Capitalism and Communism in Korea Elon Musk shared contrasting satellite images of South and North Korea on X (Twitter), sparking discussions about their differences.
  • X's Value Drops Over 70% After Musk's Acquisition: Bankruptcy Risk Looms Elon Musk's social media platform, X (formerly Twitter), has reportedly lost over 70% of its value in a year, raising bankruptcy concerns.
  • China's Economic Dominance Faces Challenges: What Lies Ahead? China's economic dominance narrative falters as forecasts push back surpassing the U.S. to 2037, raising concerns.
  • Can Biden Bounce Back? U.S. Economy and 2024 Election Prospects South Korean analysts expect U.S. economy's global growth leadership with positive impact; uncertainty lingers due to U.S.-China tensions.
  • China Eases Real Estate Rules: Lower Down Payments for Beijing Homes China has lowered the down payment requirement for first-time homebuyers and eased regulations to stimulate the stagnant real estate market.
  • China's Economy Hit Hard by Salary Cuts and Unpaid Wages China's economy faces multiple challenges: declining salaries, wage non-payment, deflation, and business closures, raising concerns.
  • U.S. and Chinese Economies Headed in Opposite Directions, says Goldman Sachs Goldman Sachs' John Waldron's negative outlook on China's economy cites policy shortcomings and structural problems.
  • 59% of Americans Sense a Recession Vs. Government Officials Soft Landing Claims U.S. officials claim 'soft landing,' but 59% of Americans perceive an ongoing economic recession, challenging expert assessments.
  • China's Economic Policy for 2024: Prioritizing Technological Innovation and Growth China emphasizes 'growth' in its economic policy to revive the economy, addressing real estate, unemployment, and deflation issues.
  • U.S. Calls for Stronger Measures on Advanced Semiconductor Supply to China's Huawei U.S. Commerce Secretary Gina Raimondo expresses deep concern over Huawei's smartphone launch and hints at new investigations.
  • Wall Street Cuts Back on China Investments Amid Recession and Xi Jinping Regime Fears Wall Street reduces China investments due to real estate woes, economic concerns, and political uncertainty under President Xi Jinping.
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