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U.S. lawmakers from both parties propose to pressure the Biden administration to prevent TikTok from operating in the United States

According to a report by the National Broadcasting Corporation (NBC) on the 14th, on the 13th local time, a number of bipartisan members of the United States proposed bills in the House of Representatives and the Senate, trying to push the President of the United States to impose sanctions on TikTok and other social media

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Expert: Beijing Express will return to normal as soon as next Monday

This year’s “Double 12”, logistics companies are under high pressure, and some express outlets in Beijing are also facing the challenge of labor shortages. Some logistics companies have even reduced the number of workers in their transshipment centers by 40%. It will be about 3 days slower than usual. “All express delivery companies hope to

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Buffett reduced his holdings of BYD for the sixth time this year, selling a total of more than 60 million shares

The Hong Kong Stock Exchange disclosed that on December 8, Buffett’s Berkshire Hathaway sold 1,329,500 BYD H shares at an average transaction price of HK$201.3432 per share; after the transaction, the company’s latest shareholding ratio down to 14.95%. In 2008, Berkshire Hathaway bought 225 million BYD H shares at a price of 8 Hong Kong

Buffett reduced his holdings of BYD for the sixth time this year, selling a total of more than 60 million shares Read More »

Abbott confirms that it will gradually suspend the infant nutrition business in mainland China

On December 14, Abbott China issued a statement confirming that Abbott Nutrition will make business adjustments, focus on the development of medical nutrition business, and will gradually stop the operation and sales of infant and children nutrition products in the Chinese mainland market. Abbott said that in the next year, the company will cooperate with

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Arm confirms that it cannot export advanced chip designs to China, and Chinese companies such as Ali will be affected

Arm has determined that the U.S. and U.K. will not approve licenses to export technology to China, and Alibaba will be unable to buy some of its most advanced chip designs, the Financial Times reported. According to sources, Arm, a subsidiary of Softbank, determined that the United States and the United Kingdom would not approve

Arm confirms that it cannot export advanced chip designs to China, and Chinese companies such as Ali will be affected Read More »

Simmons files for bankruptcy

According to news on December 14, Serta Simmons, a large American mattress manufacturer, said that it plans to file for bankruptcy in January 2023 at the earliest. It is reported that the American Simmons mattress has a history of more than 100 years, and once became the representative term of mattress. However, in the past

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There is a shortage of intra-city delivery capacity, and some people use Didi to deliver medicine

On December 13, Mr. Hu, who lives in Beijing, wanted to deliver antipyretics to a friend who was suffering from a fever. However, no one took the order, whether it was via Flash Delivery or other errand services. Mr. Hu finally took a Didi special car , and successfully delivered the urgently needed medicines to

There is a shortage of intra-city delivery capacity, and some people use Didi to deliver medicine Read More »

National Health and Medical Commission: Emergency and critically ill patients shall not be refused or prevaricated for any reason

On the afternoon of December 14, the joint prevention and control mechanism of the State Council held a press conference with the theme of “Medical and Health Services and Drug Production and Supply”. Jiao Yahui, director of the Department of Medical Affairs of the National Health and Medical Commission, said that in the emergency department,

National Health and Medical Commission: Emergency and critically ill patients shall not be refused or prevaricated for any reason Read More »

Former Chinese Premier League player Wang Ruoji died at the age of 37 due to the deterioration of his underlying disease caused by infection with the new crown

On December 13, Beijing time, according to some media reports, former Shenyang Jinde team player Wang Ruoji unfortunately died yesterday at the age of 37 due to the deterioration of his underlying disease caused by the infection of the new crown. After retiring, Wang Ruoji worked as a youth training coach in Shenyang. Wang Ruoji

Former Chinese Premier League player Wang Ruoji died at the age of 37 due to the deterioration of his underlying disease caused by infection with the new crown Read More »

What is the basis for the Fed’s 2% inflation target? it’s arbitrary

Several countries have set the same target, which seems to further confirm that the 2% inflation target is perfect. Federal Reserve Chairman Jerome Powell. Photo credit: KYODO NEWS—GETTY IMAGES In order to reduce the inflation rate, the Federal Reserve has raised interest rates six times this year. The current inflation rate is 7.7%. The Fed

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Another well-known shopping mall has announced its closure!

Following the closure of Ito-Yokado in Chengdu, Wangfujing in Guangzhou, SM Department Store in Tianjin, Chongqing Far East Department Store, and Chengdu New World Department Store, another well-known shopping mall will also be closed. On the afternoon of December 9, a “Letter to Employees” with the official seal of Shanghai Landmark Commercial Building Co., Ltd.

Another well-known shopping mall has announced its closure! Read More »