China’s economic slowdown has become a major concern for policymakers, and the recent decision by the People’s Bank of China (PBOC) to cut interest rates, including those on existing mortgages, signals that authorities are taking steps to address the issue…. Read More ›
Day: September 25, 2024
Thailand’s Automobile Industry Faces Uncertain Future Amid Electric Vehicle Shift
Thailand’s once-thriving $53 billion automobile industry, the largest in Southeast Asia, is now grappling with a dual crisis. Domestic consumers, burdened by high debt, are struggling to finance new car purchases, while the international market is swiftly moving away from… Read More ›