China Enhances Social Credit System to Spur Economic Growth
China introduces sweeping reforms to upgrade its social credit system, targeting economic efficiency and market fairness. Explore key measures and implications.
Business
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
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China’s AI Revolution: From Labs to Daily Life
Exploring how China’s AI breakthroughs in robotics, travel infrastructure, and agriculture are transforming industries and daily life through grassroots innovation.
China Reaffirms Firm Stance Against Economic Coercion, Hegemonism
China reaffirms opposition to economic coercion, emphasizes fair market practices amid regulatory review of major port asset deal involving BlackRock-led consortium.
US Tariffs and the Snake Oil Myth: Lessons from History
Historical parallels between 19th-century snake oil sales and modern US tariffs shed light on the risks of economic self-harm.
China Injects 500B Yuan to Boost Major Banks’ Stability
China launches 500B yuan state-backed capital injection into four major banks to stabilize financial systems and support economic recovery.
China Unveils New National Standards for Residential Buildings
China implements updated residential construction standards effective May 1, prioritizing safety, sustainability, and smart home technology integration.
US ‘Reciprocal Tariffs’ Spark Fears of Global Trade Instability
US-proposed ‘reciprocal tariffs’ threaten WTO’s multilateral trade system, risking global economic instability and retaliatory measures, experts warn.
Trump Warns Ukraine Over Rare Earth Deal as Tensions Simmer
US President Trump warns Ukraine’s Zelenskyy that reneging on a rare earth minerals deal could lead to ‘big problems,’ amid stalled negotiations and geopolitical tensions.
China’s March Manufacturing PMI Hits 50.5, Signals Economic Expansion
China’s manufacturing PMI rises to 50.5 in March, signaling economic expansion. Key insights for investors and regional markets.
U.S. Tariffs Threaten Wildfire Recovery Efforts in California
U.S. tariffs on imported construction materials may hinder California’s wildfire recovery efforts, raising costs for rebuilding 17,000 homes and businesses.
Xizang’s Economic Growth: Record High GDP & Poverty Eradication
Xizang Autonomous Region reports GDP growth of 6.3% in 2024 alongside 12.5% income increase for those lifted from poverty, per China’s white paper.
Former US Official: Sanctions Fueled China’s Tech Rise
Ex-U.S. Commerce Secretary argues sanctions inadvertently strengthened China’s tech sector, as discussed at Boao Forum 2025. Global economic implications analyzed.
China’s Consumers Shift Focus to Value Amid Economic Shifts
Roland Berger highlights shifting consumer priorities in China toward value-driven purchases, intensifying market competition amid economic changes.
New Business Frontiers Fuel China’s Consumer Market Boom
China’s consumer markets surge with innovative business models and integrated commercial experiences, reshaping shopping into lifestyle hubs.
Hong Kong WEF Summit Highlights AI Growth Amid Trade Tensions
Hong Kong’s WEF event underscores AI opportunities and U.S. tariff challenges, drawing investors and financial leaders to discuss Asia’s evolving economic landscape.
Thyssenkrupp CEO Lauds China’s Manufacturing Growth in Landmark Investment Move
Thyssenkrupp invests $137.8M in China’s manufacturing sector as CEO praises industrial innovation amid evolving global trade dynamics and Germany-China partnerships.
Asia Emerges as Global Green Tech Leader: Boao Report 2025
Boao Forum’s 2025 report reveals Asia’s leadership in green tech innovation, driven by policy, industry collaboration, and climate financing breakthroughs.
China Strengthens Global Supply Chains Through Openness, Regional Ties
China bolsters global supply chains through infrastructure projects and trade pacts, with experts at Boao Forum 2025 highlighting Asia’s economic resilience.
China’s Xizang Region Reports Historic Human Rights Progress
China’s Xizang Autonomous Region achieves historic human rights advancements through economic growth, cultural preservation, and institutional reforms, new government report reveals.
New Book Explores Zhejiang’s Role in China’s Modernization Drive
New book by David W. Ferguson examines Zhejiang Province’s innovative approaches to economic reform, digital transformation, and sustainable development.