China’s Manufacturing Profits Jump in Q1 2024 Driven by Policy Tailwinds
China’s manufacturing sector reports a 7.9% profit surge in Q1 2024, driven by supportive policies and robust demand, signaling strong economic momentum.
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Track-Laying Completed on Key Section of Hungary-Serbia Railway
Track-laying for a 108-kilometer section of the Hungary-Serbia Railway between Novi Sad and Subotica has been completed, marking a significant milestone in this key Belt and Road Initiative project.
Red Sea Crisis Drives Surge in China-Europe Rail Freight Demand
Disruptions in the Red Sea shipping lanes have led to a surge in demand for the China-Europe Railway Express, highlighting its crucial role in stabilizing global supply chains.
China and Tanzania Celebrate 60 Years of Strong Diplomatic Ties
China and Tanzania celebrate 60 years of diplomatic relations, marking a partnership characterized by mutual growth and cooperation, with trade reaching $8.78 billion in 2023.
China Rejects Western Claims of Overcapacity in New Energy Sector
China’s Ministry of Commerce spokesperson refutes Western accusations of overcapacity in the new energy sector, highlighting the global need for green development and criticizing protectionist measures.
Beijing Auto Show Makes a Grand Return in 2024 After Four-Year Hiatus
After a four-year hiatus, the Beijing Auto Show returns in 2024, featuring global premieres from leading automotive brands. The event showcases the latest innovations under the theme “New Era, New Cars.”
Debunking Misconceptions About China’s Industrial Overcapacity
An in-depth look at misconceptions surrounding China’s industrial capacity, exploring the realities behind claims of overcapacity and its impact on the global economy.
China’s NEV Industry Defies Overcapacity Claims Ahead of Auto China 2024
Amid accusations of overcapacity, China’s NEV industry remains robust ahead of Auto China 2024. Despite concerns, market trends show sustained growth and future potential in the electric vehicles sector.
Japanese Yen Hits Lowest Level Against Dollar Since 1990, Potential Intervention Anticipated
The Japanese yen fell to its lowest level against the U.S. dollar since 1990, reaching 155.14 yen per dollar, amid strong U.S. inflation data and expectations of continued high interest rates in the U.S.
Swiss Newspaper Calls Western Criticism of China’s ‘Overcapacity’ Hypocritical
Western nations criticize the Chinese mainland’s ‘overcapacity’ in electric vehicles and solar panels. A Swiss newspaper calls these complaints hypocritical and short-sighted, urging for collaboration instead.
Analysts Debunk Claims of Chinese Overcapacity Amid Global Trade Tensions
Analysts refute claims of Chinese overcapacity, arguing that these assertions lack evidence and are politically motivated amid rising global trade protectionism.
Chinese Ambassador: Global Issue Is ‘Over-Anxiety,’ Not ‘Overcapacity’ in Green Energy
At Harvard’s China Conference 2024, Chinese Ambassador Xie Feng stated that the world faces ‘over-anxiety,’ not ‘overcapacity,’ in green energy, urging global collaboration for sustainable development.
Analyst Calls U.S. Accusations Against China “Hypocritical and Self-Serving”
Ben Norton of GeopoliticalEconomy.com criticizes U.S. sanctions proposals against China, calling them “hypocritical and self-serving” and accusing the U.S. of the same practices it condemns.
Hannover Messe 2024 Revitalizes China-Germany Trade Exchanges
Hannover Messe 2024 in Germany features the “Invest in China” series, injecting new vitality into China-Germany trade exchanges and fostering high-quality economic cooperation.
U.S. Economist Warns Against Using Overcapacity as Excuse for Protectionism
U.S. economist Nicholas Lardy warns that labeling China’s new energy production as ‘overcapacity’ is an excuse for protectionism that could harm global economic growth.
Liuzhou’s ‘Babybus’ Leads China’s Electric Vehicle Revolution
Liuzhou, a city in south China, is revolutionizing the nation’s electric vehicle industry with its popular ‘babybus’ NEVs. Discover how this small city is driving China’s EV transition.
China’s Debt Levels Manageable Despite High Leverage, Says CF40 Economist
Despite China’s debt reaching 363 trillion yuan, a leading CF40 economist asserts that the levels are manageable, highlighting low inflation and modest financial asset ratios compared to global standards.
China’s Green Revolution: Low-Carbon Industries Reshape Global Economy
China is rapidly expanding its green and low-carbon industry, leading global efforts in sustainable development through innovation, increased production of eco-friendly products, and significant reductions in energy consumption.
Chinese Ambassador Xie Feng Urges Fair Competition Amid U.S. Miscalculations
Chinese Ambassador Xie Feng criticizes U.S. policies towards China, calling for fair competition and cautioning against miscalculations that could escalate tensions between the two nations.
IMF Warns U.S. Fiscal Deficit Poses Major Risk to Global Economy
The IMF warns that the substantial U.S. fiscal deficit poses a significant risk to the global economy, urging action to address the imbalance between spending and revenue.