Once seen as an unstoppable economic force, China's financial system is now unraveling at a staggering pace. What was perceived to be a symbol of wealth and strength has been struck by a series of economic catastrophes. The once booming real estate sector is collapsing under the burden of gigantic debt, and the export-driven machine that fueled its economy is now on the verge of deceleration. ...
Why Amazon Is Keeping Prices Low Despite Tariffs
As 2025’s tariffs hammer online retailers, many expected Amazon to follow suit with steep price hikes. After all, a 145% duty on Chinese imports and the closure of the de minimis exemption have crushed margins industry-wide. Yet, Amazon’s prices have remained surprisingly stable. While competitors like Shein and Temu raised prices by over 100%, Amazon has stayed the course. CEO Andy Jassy ...