Chinese Film Industry Rebounds, Gains Global Influence
China’s film market has rebounded, with soaring box office revenues and growing international influence. Chinese films are making significant inroads into global markets.
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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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75 Years of China-Poland Diplomatic Relations: Strengthening Economic Ties
China and Poland celebrate 75 years of diplomatic relations, highlighting their growing economic cooperation and key Belt and Road Initiative projects.
China Blames EU for Escalating Trade Frictions, Urges Dialogue
China’s Ministry of Commerce blames the EU for escalating trade tensions, urging dialogue to prevent a potential trade war and safeguard global economic stability.
Dalian to Host 2024 Summer Davos Forum: A Global Economic Spotlight
Dalian, China will host the 2024 Summer Davos Forum from June 25 to 27, bringing together global leaders to discuss economic trends and highlighting the city’s significance in global affairs.
Imported Films Shape the Future of Chinese Cinema at Shanghai Film Festival
The Shanghai International Film Festival spotlights the impact of imported films on China’s cinema. Explore how foreign movies are influencing the future of Chinese filmmaking and industry trends.
China Attributes Escalating Trade Tensions with EU to European Actions, Calls for Dialogue
China’s Ministry of Commerce attributes escalating trade tensions with the EU to European actions, urging dialogue to prevent a trade war and safeguard economic cooperation.
Li Qiang’s Asia-Pacific Tour: Strengthening Ties with Australia, New Zealand, Malaysia
Chinese Premier Li Qiang’s recent visits to Australia, New Zealand, and Malaysia have revitalized diplomatic ties and expanded cooperation, signaling a positive shift in regional relations.
China Extends Anti-Dumping Duties on Styrene Imports from ROK, Taiwan Region, and U.S.
China extends anti-dumping duties on styrene imports from the ROK, Taiwan region, and United States for five more years to protect its domestic industry from unfair pricing practices.
China Enacts Fair Competition Regulations to Boost Unified Market from August 1
China to enforce new fair competition regulations from August 1 to promote a unified domestic market and level playing field for all businesses.
France Commits to Reducing Deficit Below EU Limit by 2027
France pledges to reduce its public deficit below 3% of GDP by 2027 after EU reprimand, Finance Minister Bruno Le Maire announces.
IMD Report: Hong Kong Rises to 5th Place in Global Competitiveness
Hong Kong climbs to fifth place in the IMD World Competitiveness Ranking, reflecting its economic recovery and strategic initiatives to enhance global competitiveness.
Protests in Kenya Over Rising Costs Turn Deadly
One person was killed and 39 injured in nationwide protests across Kenya against rising living costs and a controversial finance bill proposing tax increases. Demonstrations are set to escalate with a national strike planned for June 25.
China Criticizes EU’s Extensive Demands in Electric Vehicle Subsidy Probe
China criticizes the EU’s extensive information demands in an EV subsidy probe, stating they exceed necessary scope and lack legal basis.
China’s Overseas Investment Grows by 16.3% in First Five Months
China’s non-financial outbound direct investment surged by 16.3% year-on-year to $60.2 billion in the first five months, showcasing strengthened cooperation with global partners.
Malaysian Minister Sees Multilateralism Boosting China-Malaysia Trade
Malaysia’s Minister of Investment, Trade and Industry, Tengku Zafrul, expresses optimism that multilateralism will boost China-Malaysia trade as both nations approach 50 years of diplomatic relations in 2024.
Chinese Premier Li Qiang and Malaysian PM Anwar Strengthen Economic Bonds at Kuala Lumpur Luncheon
Chinese Premier Li Qiang and Malaysian Prime Minister Anwar Ibrahim met in Kuala Lumpur to strengthen economic ties, emphasizing new opportunities for businesses amid deepening bilateral relations.
China Considers Provisional Anti-Dumping Duties on EU Pork Imports
China may impose provisional anti-dumping duties on EU pork imports following an investigation into alleged dumping practices that may harm its domestic industry, according to the Ministry of Commerce.
China Opposes U.S. Sanctions on Chinese Firms Over ‘Russian Involvement’
China voices firm opposition to recent U.S. sanctions imposed on Chinese firms over alleged Russian involvement, calling the measures unjustified and lacking international legal basis.
Overcapacity: A Natural Step in Industrial Maturity—Lessons from U.S. History
Overcapacity in industries is often an unavoidable phase in the journey from emerging to mature sectors. Historical patterns from U.S. industries offer insights for Asian markets facing similar challenges.
President Xi Jinping Congratulates World Intelligence Expo 2024 in Tianjin
Chinese President Xi Jinping sent a congratulatory letter to the World Intelligence Expo 2024 in Tianjin, emphasizing AI’s role in global development and China’s commitment to international cooperation.