New home prices halved in 31 second-tier cities amid pandemic

  Backlink: THE BL According to data from the National Bureau of Statistics, the price of new houses in Harbin fell month-on-month, and second-hand homes fell by 9.5% year-on-year, reports New.qq.com on November 8. Statistics of the First Financial Reporter also said that among the 31 second-tier cities, 17 cities where new house prices fell year-on-year in the past […]

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The Chinese market’s big hole: 99% of stock funds lose

  Backlink: THE BL Foreign investors continued to be pessimistic about China’s economic outlook, and international investors accelerated selling yuan-denominated bonds. The U.S.-China Chamber of Commerce said that investment confidence in U.S. companies in China has fallen to a record low. In addition, the European Union is planning to follow the example of the United States and impose export […]

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PHOTOS: Sleepy Bear Chills Out Floating in Alaska Lake With Paws Behind His Head

  Backlink: THE EPOCH TIMES Paws behind his head and toes peeking out, a bear chilled out as he floated along in a lake in Alaska. Wildlife photographer Khanh V. Le captured these awesome images of the bear soaking up the sun in Moraine Creek Katmai National Park and Preserve.       […]

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Missing Chinese journalist: Is her body on display at the macabre Body Worlds exhibition?

  Backlink: THE BL This week, a story several years old and considered by many to be an “urban legend” resurfaced with a vengeance after a Korean TV show exposed the subject. The plot, which features a powerful CCP member, his influential wife, and a beautiful Chinese TV presenter, is about love, betrayal, mystery, and the discovery […]

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Investors Face Uncertainty Over US Midterms, Spending & Regulation

  Backlink: VISIONTIMES Investors on Wednesday, Nov. 9 said they were weighing a surprising outcome in the U.S. midterm elections, as a better-than-expected showing by Democrats muddies the outlook for issues such as fiscal spending and regulation. Control of Congress, which is currently held by President Joe Biden’s Democratic party, remained up for grabs early […]

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Dollar Advances Ahead of Inflation Data As Cryptocurrencies Crumble

  Backlink: VISIONTIMES The dollar regained its footing on Wednesday, Nov. 9 ahead of key U.S. inflation data due later in the day, while cryptocurrencies were fragile after a bailout deal for exchange FTX by its bigger rival Binance collapsed. The greenback surged overnight against its peers and held to those gains in early Asia […]

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Leading Crypto Exchange Needs $8 Billion to Stave Off Bankruptcy

  Backlink: VISIONTIMES A formerly leading digital currency exchange is in such dire straits that it needs an $8 billion cash infusion or it faces imminent bankruptcy, sources claim. At the heart of a debacle that caused Bitcoin and Ethereum, the two leading digital currencies, to devalue by as much as 30 percent in just […]

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Maricopa County Confirms Tabulators Are Malfunctioning on Election Day

  Backlink: THE EPOCH TIMES Authorities in Maricopa County, Arizona, confirmed Tuesday morning at a news conference that around 20 percent of the vote centers in the county are experiencing issues. At around 4 p.m. ET, Maricopa officials said they have “identified a solution to the tabulation issues” at dozens of polling locations, blaming “printer settings.”       […]

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Crypto, Stock Market, Narrowly Evade Crash After Third Largest Exchange Bailed Out by Competitor

  Backlink: VISIONTIMES The digital currencies market narrowly avoided a massive crash after news that the third largest exchange and its founder’s trading fund may be on the brink of insolvency emerged in the middle of the U.S. equities market trading day.       […]

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Australian Government Eyes Wealthy Retirees as It Considers Super Tax Concession Cuts

  Backlink: THE EPOCH TIMES The Australian centre-left Labor government is considering cutting superannuation tax concessions for Australians with high retirement savings as it looks for avenues to improve the budget’s bottom line. Speaking at The Australian Financial Review Super & Wealth Summit on Nov. 8, Financial Services Minister Stephen Jones said the federal government […]

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Chinese state media officially become shareholders of social platforms

  Backlink: THE BL China’s state-owned media has recently invested in two short-form video social platforms, Kuaishou and Douyin. According to Straits Metropolis Daily, data from the Tianyancha platform on October 26 showed that Kuaishou had made a strategic financing, and that the investor was Beijing Radio & Television (BRTV).       […]

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China’s Belt & Road ‘debt trap’ enlist a newcomer? This time, in Africa

  Backlink: THE BL We have heard about China’s occupation of a deepwater port in Sri Lanka as part of its Belt & Road initiative, often referred to as the “debt trap”. But are we facing another similar situation? This time, the regime’s eyes are on Africa. State-run China Harbour Engineering has just finished the Lekki deepwater […]

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