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China takes a scalpel to auto overcapacity, driving 8 firms out

According to a comprehensive review of recent reports from media outlets including the Beijing News (Xinjingbao), it was not an exaggeration to say that the Chinese economy has been facing difficulties due to overcapacity in each industry from several years ago. This could be said to be especially true in the automobile industry, where numerous companies are..

War wreaks havoc on Iranian citizens, cripples economy and hope
Airstrikes by Israel and the United States, coupled with economic collapse, are plunging both supporters and opponents of the Iranian government into despa..

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"Hallyu ban to be removed quickly": Hopes of thaw in Seoul-Beijing ties: · "Efforts will be made to remove Hallyu ban quickly"; · SK Group Chairman heads to Japan to soften "WD risk"

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