US Hikes Rates to 5.5%, China Cuts to 1.55%

US Hikes Rates to 5.5%, China Cuts to 1.55%

As the two largest economies in the world, the United States is raising interest rates while China is lowering them. The Sino-American rivalry has entered the much-watched financial sector, with the f...
Dollar Soars to 46.4%, Euro Plunges to 24.4%

Dollar Soars to 46.4%, Euro Plunges to 24.4%

In July, there was a significant adjustment in global currency payments, and the Chinese yuan also achieved a new breakthrough!The Society for Worldwide Interbank Financial Telecommunication (SWIFT) r...