Tesla’s Shanghai Megafactory Launches Megapack Battery Production
A significant milestone for Tesla as it begins production of Megapack energy-storage batteries at its Shanghai Megafactory, reinforcing its commitment to the Chinese market.
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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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Tariffs: A Limited Solution for US Economic Challenges
Tariffs offer some relief for US economic issues, but they are not a complete solution. Experts weigh in on their effectiveness and limitations.
Trump’s Tariff Increases: Rising Inflation and Tax Burden on U.S. Consumers
U.S. President Donald Trump has increased tariffs on steel and aluminum imports to 25%, potentially driving inflation and raising the tax burden on American consumers.
Trump’s New Tariffs on Steel and Aluminum Expected to Drive U.S. Inflation
President Trump’s recent tariffs on steel and aluminum imports are projected to increase inflation and raise the tax burden on U.S. consumers.
Trump Raises Steel and Aluminum Tariffs, Triggering Global Backlash
U.S. President Donald Trump has raised tariffs on steel and aluminum imports to 25%, sparking global outrage and retaliatory actions from the EU, Canada, and Mexico.
Super Bowl Sunday: Eagles vs Chiefs Set for Thrilling Showdown in New Orleans
Get ready for Super Bowl Sunday as the Philadelphia Eagles face off against the Kansas City Chiefs in New Orleans. Discover what to expect from this thrilling NFL showdown.
Financial Support Boosts Ice and Snow Economy Growth in Northeast China
Financial support is accelerating the growth of China’s ice and snow economy in Northeast China, driving high-quality development despite financing challenges.
Is the Global AI Race Turning into a New Cold War?
Explore how the global race for artificial intelligence is shaping international relations and rivalries akin to a new Cold War.
Global AI Race Sparks New Cold War
Artificial intelligence is emerging as the new ultimate weapon in a global cold war, with nations competing for control over a technology poised to redefine the world.
Over 20 Million Chinese Consumers Embrace Electronics Trade-In Subsidies
Over 20 million Chinese consumers have taken advantage of electronic trade-in subsidies, driving significant growth in the electronics market and supporting economic momentum.
“Ne Zha 2” Becomes First Non-Hollywood Film to Reach $1 Billion at Box Office
Chinese animated blockbuster ‘Ne Zha 2’ becomes the first non-Hollywood film to surpass $1 billion, setting new box office records and showcasing China’s growing film industry.
US President Trump Announces 25% Tariffs on Steel and Aluminum Imports
US President Donald Trump announces new 25% tariffs on steel and aluminum imports, escalating trade tensions with major exporting countries.
China’s January 2025 Price Trends Show Steady Economic Recovery
China’s January 2025 CPI and PPI data indicate a stable price trend amid steady economic recovery, providing a solid foundation for future macroeconomic policies.
Asian Winter Games Boost Harbin’s Ice and Snow Economy
The 9th Asian Winter Games in Harbin sparks significant growth in the region’s ice and snow economy, attracting millions of visitors and boosting tourism revenue.
Harbin Winter Games Propel Chinese Mainland’s Economy in 2025 with Tourism Boom
Harbin Winter Games have significantly boosted tourism and consumption in the Chinese mainland, marking a strong start to the 2025 economy with a rise in CPI and increased inbound travel.
China’s January CPI Rises 0.5% on Holiday Shopping Boost
China’s consumer price index (CPI) rose by 0.5% year on year in January, driven by increased holiday spending, according to the National Bureau of Statistics.
China Prioritizes AI and Low-Altitude Transport Standards for 2025
China’s Ministry of Transport prioritizes AI and low-altitude transport standards for 2025, aiming to boost the low-altitude economy and intelligent transport systems.
Foreign Investors Embrace Chinese Assets, Predict Strong 2025 Growth
Global investors are increasingly bullish on Chinese assets, with major banks predicting strong growth in China’s stock market by 2025, driven by manufacturing, service sectors, and AI advancements.
Global Investors Embrace Chinese Assets with Optimistic Growth Forecasts
Leading investment banks forecast strong growth in the Chinese stock market by 2025, driven by competitive sectors and advancements in AI technology.
HKSAR to Challenge U.S. Imposition of 10% Tariffs at WTO
The Hong Kong Special Administrative Region (HKSAR) is set to challenge the U.S.’s 10% tariffs on its products by filing a complaint with the World Trade Organization.