The private jet industry is currently experiencing a significant decline, with private jet flights falling by 15% in the first half of the year compared to their peak in 2022. This decline is attributed to a combination of factors, including waning demand and increased competition in the high-end travel market. Despite a temporary spike in
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China’s financial landscape has experienced significant changes, according to People’s Bank of China Governor Pan Gongsheng. In a recent interview, Pan stated that the country’s overall financial risks have decreased, particularly in relation to local government debt. He emphasized that the central bank is committed to working closely with the Ministry of Finance to ensure