Foreign Firms Fuel Shanghai’s EV Charging Expansion Amid China’s Electric Boom
Foreign companies are actively enhancing Shanghai’s EV charging network as China’s electric vehicle market continues to expand rapidly.
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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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Celebrating 50 Years of China-Malaysia Cooperation in Trade and Tourism
China and Malaysia celebrate 50 years of diplomatic relations, marking a half-century of deepening cooperation in trade and tourism.
Chinese Mainland Suspends Tariff Reductions on 134 Items from Taiwan Region
The Chinese mainland will suspend tariff concessions on 134 items from the Taiwan region starting June 15, citing unaddressed trade restrictions by the Taiwan authorities.
China’s Manufacturing PMI Dips Slightly in May Amid Continued Economic Recovery
China’s manufacturing PMI dipped slightly in May to 49.5, but experts say the overall trend of economic recovery remains unchanged, with non-manufacturing sectors continuing to expand.
DGDA CEO Lauds China’s Development and Bilateral Cooperation
Jerry Inzerillo, CEO of the Diriyah Gate Development Authority, praises China’s development and highlights growing bilateral cooperation aligning China’s BRI with Saudi Arabia’s Vision 2030.
French Economist Warns Against European Decoupling from China
French economist Christian de Boissieu warns that decoupling from China would be the “worst solution” for Europe, emphasizing the mutual benefits of continued cooperation between European nations and China.
Third ‘Make It in the Emirates’ Forum Spurs Sustainable Growth in UAE
The third ‘Make It in the Emirates Forum’ in Abu Dhabi brought together local and global industry leaders to promote sustainable growth and innovation in the UAE’s industrial sector.
Japan’s Bond Policy Shift Sends Ripples Through Global Economy
The Bank of Japan’s unexpected reduction in long-term bond purchases has raised concerns over the yen’s depreciation and its impact on the global economy.
Sino-Arab Collaboration Sets Example for South-South Cooperation
Over two decades, Sino-Arab cooperation has set a model for South-South collaboration, enhancing ties in energy, trade, and investment.
China and Arab Nations Set to Boost Digital Economy Collaboration at Beijing Forum
China and Arab nations are set to enhance their collaboration in the digital economy at the tenth ministerial meeting of the China-Arab Cooperation Forum in Beijing, focusing on a comprehensive development plan.
IMF Boosts China’s 2024 Growth Outlook to 5% on Strong Data
The IMF has raised China’s 2024 economic growth forecast to 5%, highlighting strong first-quarter data and policy measures. The upward revision signals confidence in China’s economic trajectory.
China and Italy Strengthen Economic Ties at 2024 Global Finance Forum in Hangzhou
Leaders and experts gathered at the 2024 Tsinghua PBCSF Global Finance Forum in Hangzhou to discuss global economic challenges, marking the 80th anniversary of the Bretton Woods system.
Samsung Electronics Faces First-Ever Union Strike Amid Global Supply Chain Concerns
Samsung Electronics faces its first-ever union strike as workers plan to take annual leave on June 7, raising concerns over potential impacts on global semiconductor supply chains.
IMF Raises China’s Economic Growth Forecasts for 2024 and 2025
The IMF has raised China’s economic growth forecasts to 5% for 2024 and 4.5% for 2025, citing strong Q1 GDP data and recent policy measures following its annual Article IV consultation.
UK-China Business Summit: Ambassador Zheng Calls for Enhanced Cooperation
Chinese Ambassador to the UK Zheng Zeguang called for enhanced UK-China business cooperation at the 3rd UK-China Business Leaders Summit, emphasizing mutual benefits and new opportunities.
Unveiling Macao’s Flourishing Economic Diversity After 25 Years
Macao’s transformation into a multifaceted hub of prosperity showcases its journey toward economic diversification 25 years after its return to China, highlighting resilience and forward-thinking capabilities.
Shanghai Unveils Major Policies to Boost Property Market
Shanghai introduces major policies to boost its property market, easing restrictions and lowering mortgage down payments to support home buyers.
China’s Real Estate Moves in Right Direction, Says WEF’s Financial Systems Head
WEF’s Matthew Blake commends China’s efforts to enhance affordable housing supply and develop its REITs market, while noting ongoing challenges and the importance of government guidance for financial stability.
Hungarian Central Bank Governor Praises China-Hungary ‘Win-Win’ Relations
Hungarian central bank governor György Matolcsy highlights the mutual benefits of China-Hungary relations, emphasizing that the rise of China offers global opportunities.
Croatia’s Central Bank Governor Seeks Closer Financial Ties with China at Global Finance Forum
At the 2024 Global Finance Forum in Hangzhou, Croatian National Bank Governor Boris Vujcic discusses enhancing economic ties with China, highlighting mutual benefits and the importance of international financial cooperation.