China's Forex Reserves: $3.2 Trillion
By the end of June 2024, China's foreign exchange reserves reached 3.2224 trillion US dollars, ranking first in the world.This is the foundation we have accumulated over decades of opening up to the o...
China Suddenly Increases $12.4B in US Debt
Over the years, China has consistently been the second-largest foreign holder of U.S. Treasury securities, just behind Japan.Its holdings peaked in November 2013 at a historic high of $1.3 trillion, a...
Global Currency Payment Gap Widens: USD Up to 49.07%, Euro Down to 21.58%
On September 18th, data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) showed that in August, in the ranking of payment amounts in major currencies, the US dollar,...
Crisis Intensifies: Fed's Rate Cut a Misdirection
The Federal Reserve's expectations for interest rate cuts have been changing repeatedly, with no hope for a rate cut in the first half of 2024.Under the premise that interest rate hikes lead to a nega...
Imported Drugs Vanish in Public Hospitals?
Imported original research drugs are "disappearing" from public hospitals.In 2018, the first batch of national centralized drug procurement pilots began, with 25 drugs selected, including 23 domestic ...
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