Key Numbers to Understand APEC: Unveiling China’s Role in Asia-Pacific Prosperity
Discover why APEC is significant and explore China’s contributions to Asia-Pacific prosperity ahead of the 31st APEC Economic Leaders’ Meeting in Lima, Peru.
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Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
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APEC Members See Continued Decline in Average Tariff Rates
Average tariff rates among APEC members have been steadily declining since 1989. As the 2024 APEC Economic Leaders’ Week approaches in Peru, we examine this significant trend in trade liberalization.
APEC’s Combined GDP Surges to $64.45 Trillion, Dominating Global Economy
APEC’s combined GDP has reached $64.45 trillion in 2023, making up over 60% of the global economy. Discover how the Asia-Pacific region has become the most dynamic area for global economic growth.
UN Calls on Developed Nations to Double Adaptation Funding to $40 Billion by 2025
UN Secretary-General Antonio Guterres urges developed countries to double adaptation finance to at least $40 billion annually by 2025, highlighting urgent needs in the 2024 Adaptation Gap Report.
Blind-Box Travel Challenge Unveils Tonglu County’s Tourism Boom
Discover how the trend of blind-box travel led reporter Xu Yi to Tonglu County, unveiling the growth drivers behind China’s booming county tourism industry and the secrets of Tonglu’s success.
Trade-in Incentives Propel Record Sales at China’s Double 11 Festival
China’s trade-in incentive schemes boosted consumption during this year’s Double 11 shopping festival, leading to record sales as e-commerce platforms collaborated with brands to stimulate the economy.
COMAC Secures Orders for 130 Aircraft, Rebrands ARJ21 to C909 at Airshow China
Chinese aircraft manufacturer COMAC secured orders for 130 planes and rebranded its ARJ21 regional jet as the C909 at the 15th Airshow China in Zhuhai, Guangdong Province.
China to Intensify Monetary Policy for Economic Stability
China will enhance its monetary policy adjustments to promote stable economic growth and high-quality development, as outlined by Pan Gongsheng, governor of the People’s Bank of China.
Agricultural Trade: A Path to Stabilize China-US Relations
Agricultural trade shows strong complementarity between China and the US, offering a promising path to stabilize bilateral relations amid ongoing trade tensions.
China’s Reforms Propel High-Quality Growth and Green Transformation
China’s recent reforms are driving high-quality growth and green transformation, showcasing the nation’s adaptability and focus on sustainable development amid global economic uncertainties.
Celebrating 60 Years of Growing China-Benin Relations
November 12 marks the 60th anniversary of diplomatic relations between China and Benin. This milestone highlights the growing cooperation and strong ties that have developed over the past six decades.
China’s 11.11 Shopping Spree Extends to Boost Sales with Up to 20% Discounts
China’s Double 11 shopping festival extends over a month, offering up to 20% discounts on home appliances and computers. Major e-commerce platforms report soaring sales, reflecting evolving consumer trends.
Double 11 ‘Job Fair’: Industries Compete for Consumers’ Attention
CGTN reporters Li Mengyuan and Emma Ho host a unique ‘job fair’ during Double 11, where industries compete to win over consumers with the best deals and perks. Find out who gets ‘hired’!
China’s SMEs See Strongest Growth of 2024 in October
China’s SMEs report their strongest growth of 2024 in October, with a key industry index posting its largest increase of the year, reflecting improved business performance and growing confidence.
China Imposes Temporary Anti-Dumping Measures on EU Brandy Imports
China will impose temporary anti-dumping measures on certain brandy imports from the European Union, effective November 15, following a preliminary investigation into dumping practices.
US Agricultural Deals at 2024 CIIE Surge to $711 Million, Marking 40.9% Increase
At the 2024 China International Import Expo, American agricultural exhibitors signed $711.4 million in deals with Chinese partners, marking a 40.9% increase from last year, showcasing growing US-China agricultural trade.
Trump’s ‘MAGA 2.0’: A New Threat to Globalization
Donald Trump’s 2024 election victory heralds a more aggressive ‘Make America Great Again’ agenda, with significant implications for global trade, environmental commitments, and international relations.
Transforming Brazil’s Favelas: The Mirandas’ Symphony of Change
Claudio and Favio Miranda transform one of São Paulo’s most violent neighborhoods through music and sustainability, earning UN recognition for their Favela da Paz Institute.
G20 to Launch Global Alliance Against Hunger and Poverty at Rio Summit
The G20 nations are set to launch the Global Alliance Against Hunger and Poverty at the upcoming summit in Rio de Janeiro, marking a significant step towards eradicating extreme hunger by 2030.
7th China International Import Expo Concludes with Over $80 Billion in Deals
The 7th China International Import Expo in Shanghai concluded with tentative deals worth $80.1 billion, up two percent from last year, marking a successful gathering of global businesses and leaders.