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Culture Beat: 'The Cabinet' - Global Times

Released on April 10 on Chinese streaming platform Tencent Video, the short film Guizi, or The Cabinet, tells a story of a man who longs to get rich overnight and his talking cabinet. ....

Song Bo , Liu Zheng , Tencent Video The , Tencent Video , Lit Light , Daylight Entertainment ,

BBCNEWS Talking Business June 4, 2024 16:36:00

The conference board predicts that from about now until the end of the year we should see a short, relatively short, shallow recession, as interest rates tamp down that demand and supply catches up. do you think it s over, that the revenge spending era is over in the united states now? well, it s still a rebound in services, as people continue to try to catch up here. but it s pretty much coming to an end, and if we go into this shallow recession, that should put a complete end to it, tadhg. you know, it s really run its course, i think. 0k, well, let s cross the world now to china. what does your research see happening there right now? well, china s a whole different kettle of fish, of course, because china took a different approach to the covid situation. they have had lockdowns now for three years, and we have seen this on television every single day with whole cities locked down. ....

Conference Board , Interest Rates , China S , Tadhg Enright , Covid Situation , Kettle Of Fish ,

BBCNEWS Talking Business June 4, 2024 10:36:00

And easy money policies both here in the united states but also around the world. and so you had all this money chasing too little supply and of course that inflation comes in. now it s the reverse, as interest rates are rising, the cost of debt and the cost of money has increased and so you see now a tilt towards a recessionary period. the conference board predicts that from about now until the end of the year we should see a short, relatively short, shallow recession, as interest rates tamp down that demand and supply catches up. do you think it s over, that the revenge spending era is over in the united states now? well, it s still a rebound in services, as people continue to try to catch up here. but it s pretty much coming to an end, and if we go into this shallow recession that should put a complete end to it, tadhg. you know, it s really run its course, i think. 0k, well, let s cross the world now to china. what does your research see happening there right now? ....

Interest Rates , Conference Board , China S , Tadhg Enright ,