China's manufacturing evolution moves from the 'old trio' of garments, furniture, and appliances, through the 'new trio' of new-energy vehicles, lithium batteries, and photovoltaics, to the 'next new three': artificial intelligence, robotics, and innovative medicines. This progression highlights China's strategy of industrial upgrading by integrating new technologies with established industries rather than replacing them. The 'next new three' are expected to become new growth pillars by leveraging China's deep industrial foundation and fostering innovation ecosystems, helping to enhance global competitiveness and contribute to modernization. This balanced approach supports sustained innovation, industrial resilience, and global cooperation despite rising protectionism.
Elauwit Connection, Inc. revealed errors in its 2025 financial statements related to network construction revenue, causing its stock to fall 6.8%. The Rosen Law Firm is investigating potential securities claims on behalf of shareholders and preparing...
A class action lawsuit has been filed against Avis Budget Group and certain executives for allegedly failing to disclose material information and manipulating the stock price between February 2025 and April 2026. The complaint claims that major share...
Bitcoin remained stable around $64,000 despite global stock markets reaching new highs driven by enthusiasm for AI-related shares. Ether was the only major cryptocurrency to decline over the week, falling about 2%. The market showed little reaction t...
YieldMax MSTR Option Income Strategy ETF (MSTY) has seen its share price drop 67.45% over the past year, while its weekly distributions have fallen sharply from $4.42 to just $0.22. Investors face high fees of 1.03% annually and significant tax ineff...
Western Union and Rain launched Stablecard on August 4, allowing customers in 37 markets to receive, hold, and spend Western Union's USDPT stablecoin via a Visa card. The card works online, in stores, and at ATMs, and is issued by Anchorage Digital B...
