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2024 Sony World Photography Awards: Creative category

The Sony World Photography Awards returns to celebrate contemporary photography and the ways the arts reflect the world around us. Here is a selection of the images from the Professional competition in the creative category, with Mackenzie Calle (United States), Tine Poppe (Norway) and Sujata S...
Liang Kexin Qiu Yan Tongji University University Of Electronic Science Technology Of China Electronic Science

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World News | Elderly Retirees Face Big Losses After Chinese Trust Goes Bust, Reflecting Turbulent Economy

Get latest articles and stories on World at LatestLY. Some investors in a troubled trust fund in China are facing financial ruin under a government plan to return a fraction of their money, casualties of a slump in the property industry and a broader economic slowdown. World News | Elderly Retirees Face Big Losses After Chinese Trust Goes Bust, Reflecting Turbulent Economy.
Li Qiang Liu Canglong Zhu Zhenxin Michael Pettis Tsinghua University Insurance Regulatory Commission

Golden years globetrotters | Borneo Bulletin Online

China’s elderly travelers are redefining tourism, with more seniors exploring exotic destinations like Iran, benefiting from post-Chinese New Year travel deals (ANN/THE CHINA DAILY) – During a late January holiday to Iran, 70-year-old Beijing retiree Hong Jianyi and his family found their expectations greatly surpassed. Captivated by the nation’s profound history and the warmth of […]
Krung Thep Mahanakhon Xishuang Banna Dai Xiao Peng Xishuang Banna Hong Jianyi China Southern Airlines

Elderly retirees face big losses after Chinese trust goes bust, reflecting turbulent economy

Some investors in a troubled trust fund in China are facing financial ruin under a government plan to return a fraction of their money, casualties of a slump in the property industry and a broader economic slowdown. Sichuan Trust, headquartered in the southwest city of Chengdu, announced it was insolvent in 2020, stricken by sketchy accounting and failed investments in shopping malls and other projects. A deadline earlier this month to accept a 20%-60% “haircut” or loss on their ...
Michael Pettis Zhu Zhenxin Li Qiang Liu Canglong Elaine Kurtenbach Tsinghua University
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