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.
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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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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.
China and Hungary Deepen Economic Cooperation in High-Tech and Finance
China and Hungary are enhancing their economic cooperation through strategic investments in high-tech industries and financial sector collaboration, as discussed at the 2024 Tsinghua PBC School of Finance Global Finance Forum.
China Urges Revival of FTA Talks with Japan and the ROK as Samsung Expands in Chinese Market
China urges the resumption of FTA talks with Japan and the Republic of Korea, highlighting strengthened business ties as Samsung Electronics expands its investment in the Chinese market.
CPC Leadership Unveils Strategies to Boost China’s Central Region Development
The CPC leadership, led by Xi Jinping, has unveiled new strategies to accelerate development in China’s central region, focusing on innovation, industrial modernization, and infrastructure enhancement.
Yichun’s Logging Ban Spurs Economic Growth and Job Creation
After halting logging in 2014 to preserve its forests, Yichun in Northeast China has seen remarkable economic growth and job creation, transforming into a model for sustainable development.
China’s Industrial Profits Rise 4.3% in First Four Months of the Year
China’s major industrial firms reported a 4.3% profit increase in the first four months of the year, matching first-quarter growth, signaling resilience amid global economic uncertainties.
Premier Li Qiang Calls Economic Cooperation the “Ballast Stone” of China-South Korea Ties
Premier Li Qiang highlights economic cooperation as the “ballast stone” of China-South Korea relations during a meeting with Samsung’s chairman at the Trilateral Summit.
China Tightens Regulations on Major Shareholder Stock Sales to Boost Market Stability
China’s securities regulator introduces strict new rules to control major shareholders’ stock sales, aiming to close loopholes and enhance market stability.