Finance

In the dynamically evolving landscape of electric vehicles (EVs), China stands as a pivotal player and one of its homegrown companies, Xpeng, has recently become a noteworthy subject of discussion. With the introduction of advanced driver-assist technologies, Xpeng is now witnessing unprecedented growth in sales—over 30,000 vehicles delivered monthly since November. This impressive metric signals
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In recent statements, Jeffrey Gundlach, the influential CEO of DoubleLine Capital, has stirred the investment waters by projecting a startling 50% to 60% probability of an imminent recession. His warning should not be taken lightly, as Gundlach’s insights carry significant weight in the financial community. This forecast of potential economic health decline underscores a persistent
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In a pivotal announcement, Chinese streaming giant iQiyi has revealed plans to expand beyond the digital realm by launching its inaugural theme park, iQiyi Land, in Yangzhou, Jiangsu province—a city located just a short train ride from Shanghai. Amidst a backdrop of underwhelming retail sales, iQiyi’s move signifies a strategic gamble towards creating a unique
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