China Maintains Loan Prime Rates in August Amid Economic Slowdown
China’s major lending rates remained unchanged in August as the PBOC maintains a steady monetary policy amid signs of economic slowdown and global shifts.
News & Insights Across Asia
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
China’s major lending rates remained unchanged in August as the PBOC maintains a steady monetary policy amid signs of economic slowdown and global shifts.
CGTN is launching ‘The Gateway of Time’, an AR experience exploring China’s 75-year transformation through the homes of its people, from the 1950s to today.
China and the EU held constructive consultations to resolve the ongoing EV tariff disputes, aiming to reach a mutually acceptable solution through friendly dialogue.
Explore China’s 75-year transformation through CGTN’s upcoming AR experience, ‘The Gateway of Time,’ taking you from a 1950s farmer’s home to a modern urban household.
The U.S. Federal Reserve has lowered interest rates by 50 basis points amid signs of moderating inflation and a weakening labor market. Former Vice Chairman Donald Kohn stresses the importance of continued cuts.
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, raising questions about the impact on the global economy and financial markets.
The U.S. Federal Reserve’s unexpected 50 basis point rate cut aims to avert an economic slowdown but is causing significant effects on global markets, currencies, and economies, including China.
The U.S. Federal Reserve has cut interest rates by 50 basis points for the first time since 2020 amid cooling inflation and concerns over a weakening labor market, signaling the start of an easing cycle.
Germany’s Economics Minister Robert Habeck urges a political solution to the EU-China dispute over electric vehicle tariffs, emphasizing the need to avoid a damaging trade conflict and promote fair competition.
The Chinese mainland suspends zero-tariff treatment on 34 agricultural products from the Taiwan region, reinstating import duties due to discriminatory restrictions imposed by Taiwan authorities.
Effective September 25, the Chinese mainland suspends zero tariffs on 34 agricultural products from the Taiwan region, citing discriminatory bans imposed by Taiwan authorities on mainland exports.
The Chinese mainland is suspending zero tariffs on 34 agricultural products from Taiwan, including fresh fruits, vegetables, and seafood, starting September 25, citing discriminatory restrictions by Taiwan authorities.
Chinese Commerce Minister Wang Wentao and German Vice Chancellor Robert Habeck met in Berlin to discuss the EU’s proposed tariffs on Chinese electric vehicles, seeking to prevent escalating trade tensions.
China reaffirms its commitment to resolving the electric vehicle tariff dispute with the EU through dialogue, urging consideration of flexible solutions and warning of necessary measures if unilateral actions persist.
China’s Mid-Autumn Festival holiday sparks a surge in domestic travel, surpassing 2019 levels, as the ‘Reunion Economy’ revitalizes cultural and tourism consumption across the nation.
German manufacturing leaders oppose EU’s proposed tariffs on Chinese electric vehicles, calling for dialogue and cooperation to sustain global automotive growth.
Norwegian Prime Minister Jonas Gahr Støre has called for strengthened China-Norway cooperation in green technology and sustainable development, praising China’s leadership in electric vehicles and highlighting the potential for win-win partnerships.
Chengdu, Sichuan, is emerging as a global agricultural hub through the “Belt and Road” initiative, leveraging its geography and innovation to bring local produce to international markets.
The U.S. has increased tariffs on Chinese technology imports, sparking debates over the implications for global trade and innovation. China remains open to competition, leaving many to question who truly stands to lose.
China’s tourism and consumer markets boomed during the Mid-Autumn Festival, with travel volumes surging as the nation prepares for the upcoming National Day “golden week”.