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 central bank keeps benchmark lending rates unchanged in May, maintaining the one-year LPR at 3.45% and the over-five-year LPR at 3.95%. Experts highlight potential impacts on the real estate market.
Financial Secretary Paul Chan announces Hong Kong’s economic rebound, highlighting stable finances, positive market outlook, and a recovering property market.
Discover Fujian Province, China’s leading tea producer, renowned for its rich tea heritage, diverse tea varieties, and flourishing ecological tea gardens poised for growth by 2025.
Fujian Province is a leading force in China’s tea industry, renowned for its rich tea varieties and deep-rooted tea culture. Discover how Fujian’s innovative practices are shaping the future of tea production.
China announces historic real estate policies aimed at boosting the housing market and fostering sustainable industry growth, including reduced down payments and lower mortgage rates.
The U.S. faces persistent inflation with April’s CPI at 3.4%, while employment growth remains strong, adding 253,000 jobs. The Federal Reserve may hold off on rate cuts amid these mixed signals.
China has initiated an anti-dumping investigation into POM copolymer imports from the EU, US, Taiwan region, and Japan, covering imports from January to December 2023, as announced by the Ministry of Commerce.
Rio Tinto Chairman Dominic Barton calls the idea of decoupling global economies ‘ridiculous,’ emphasizing the importance of the global supply chain in driving growth and reducing poverty.
The Chinese mainland has removed mortgage floor rates and reduced down payment ratios to boost the housing market, making home ownership more accessible and stimulating economic growth.
Chinese President Xi Jinping and Russian President Vladimir Putin met in Beijing to deepen their strategic partnership, marking the 75th anniversary of diplomatic ties between the two countries.
Second-hand trading platforms in China are transforming into cultural hubs for youth, fostering communities where young consumers connect over shared interests and sustainable practices.
China has issued special treasury bonds with terms up to 50 years, marking a significant move to optimize its debt structure and support long-term economic development.
Chinese President Xi Jinping emphasizes the need to enhance modern tourism systems and build China into a strong tourism nation, highlighting the industry’s role in economic development and cultural exchange.
China’s central bank reduces mortgage interest rates to boost the housing market and support economic growth, making home ownership more accessible and stimulating investment.
China’s central bank unveils a 300-billion-yuan relending facility to support affordable housing projects, encouraging state-owned enterprises to repurpose completed commercial properties.
Fujian Province in southeast China has doubled its GDP over the past decade to 5.4 trillion yuan, emerging as a leader in manufacturing, marine economy, and digital transformation.
China’s economy continued its steady recovery in April, with industrial output growing by 6.7% year-on-year and retail sales increasing. Experts predict stronger consumption momentum in May.
Experts caution that the U.S. decision to increase tariffs on Chinese electric vehicle imports could impede climate objectives, raise consumer costs, and diminish industrial competitiveness.
The 26th Cross-Straits Fair for Economy and Trade has begun in Fuzhou, aiming to deepen integrated development across the Taiwan Strait and enhance economic cooperation.
China urges the United States to halt tariff hikes on key goods, calling for adherence to WTO rules and cooperation to maintain global economic stability.
