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 Lantern Festival celebrations conclude the Spring Festival with a surge in domestic tourism and spending, highlighting a strong rebound in consumer confidence and travel enthusiasm.
A global poll shows overwhelming confidence in China’s economic strength as consumption during the Spring Festival surpasses pre-pandemic levels, signaling a robust recovery.
A new report highlights how the two-year Russia-Ukraine conflict has accelerated global economic decoupling, spurred de-dollarization efforts, and reshaped financial markets.
China is rapidly expanding the utilization of underground spaces in urban areas to address challenges like congestion, insufficient logistics, and natural disasters, paving the way for sustainable city development.
Venezuelans express concern as the U.S. announces the reimposition of oil sanctions, threatening the nation’s economic outlook for 2024 and local merchants’ incomes.
China and Brazil have begun issuing 10-year tourist and business visas to each other’s citizens, aiming to boost tourism and business between the two nations.
German companies are intensifying their investments in China, with firms like Mercedes-Benz and Bosch emphasizing long-term growth despite EU protectionism concerns.
President Xi Jinping calls for large-scale equipment upgrades and consumer goods trade-ins to boost China’s economy, emphasizing technological advancement, reduced logistics costs, and improved economic efficiency.
China’s securities regulator pledges stricter enforcement to enhance market integrity, focusing on investor protection, rigorous IPO evaluations, and penalties for violations to boost the quality of listed companies.
Chinese Premier Li Qiang chaired a State Council meeting outlining new strategies to attract foreign investment and address local debt, emphasizing efforts to boost investor confidence and ensure economic stability.
China has announced new guidelines to provide minimum wage protection for delivery and gig economy workers, enhancing labor rights in the rapidly growing platform economy.
Hainan province in China is sharing its tropical agricultural expertise with Africa by establishing an agri-tech demonstration center in the Republic of Congo.
China’s property sector is poised for a healthier role in the economy, with policymakers introducing targeted measures to support real estate and drive sustainable growth.
The Beijing-Tianjin-Hebei region’s GDP surged by 90% over the past decade, reaching 10.4 trillion yuan in 2023, highlighting significant economic and infrastructural developments.
Guangzhou is expanding its underground spaces to boost economic growth, constructing Asia’s largest underground space after successfully establishing China’s largest underground shopping center.
China experienced a significant surge in consumer spending during the Spring Festival holiday, marking a strong start to 2024, with increases in retail sales and booming service sectors.
The Shanghai Composite Index surged for the seventh consecutive day, closing near the 3,000-point mark, driven by policy support and renewed investor confidence.
China’s consumer market thrives ahead of the Lantern Festival, with increased spending on festive activities and products reflecting sustained economic vitality.
China accelerates economic growth through innovation and automation in its electric vehicle industry, with leading companies enhancing production efficiency and driving sustainable development.
Chinese provinces are launching new measures to promote high-quality growth in 2024, focusing on innovation, business environments, and international openness.