RBI Cuts Lending Rate by 25 Basis Points to Boost India’s Economy
India’s RBI cuts key lending rate by 25 basis points to spur economic growth amid slowing GDP and global uncertainties.
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Industrial Tourism Surges in the Chinese Mainland During Spring Festival
Industrial tourism surged in the Chinese mainland during the Spring Festival, with over 300,000 reservations for factory tours in Beijing, including Xiaomi’s renowned facility.
Chinese Mainland Machinery Trade Group Criticizes US 10% Tariffs as WTO Breach
The China Chamber of Commerce for Import and Export of Machinery and Electronic Products criticizes the US for imposing a 10% tariff on imports, labeling it a violation of WTO rules and harmful to bilateral trade.
Winter Sports to Robots: New Trends Boost China’s Economy
Explore the new trends fueling China’s economic vitality—from winter sports and robotics to anime culture and traditional craftsmanship.
Harbin’s ‘Erbin’ Shines as Host of the 9th Asian Winter Games
Harbin, the ‘Ice City’ known as ‘Erbin,’ hosts the 9th Asian Winter Games starting February 7, showcasing its unique cultural and sporting charm.
China’s Consumer Market Poised for Steady Q1 Growth
China’s consumer market is expected to show steady growth in Q1, supported by robust sales during the Spring Festival and increased domestic tourism.
Chinese Mainland Vows to Protect Interests Against US Tariffs
The Chinese mainland vows to defend its rights against US unilateral tariffs, emphasizing commitment to resolve disputes through dialogue and uphold global trade stability.
Economist Warns China-US Trade War Escalation Could Shatter Global Markets
Escalation of the China-US trade war could negatively impact global markets through increased bond yields, higher inflation, and lower equity valuations, warns economist Hong Hao.
Economist Critiques Trump’s ‘America First’ Policy for Lack of Multilateralism
Economist Prof. Xing Yuqing criticizes Trump’s ‘America First’ policy for undermining multilateralism and bilateral trade relations with China.
USPS Reverses Suspension on Parcels from Chinese Mainland and HKSAR
USPS reverses its temporary suspension on international parcels from the Chinese mainland and HKSAR, sparking reactions from Chinese authorities and causing confusion among retailers and shippers amid ongoing trade tensions.
US-China Trade War Escalates with New Tariffs and WTO Disputes
The US-China trade war intensifies as the U.S. imposes new tariffs on Chinese imports, prompting China to retaliate with WTO disputes and additional tariffs on American goods.
China’s State Council Finalizes Draft Government Work Report Ahead of March Session
China’s State Council reviews the draft government work report, focusing on high-quality development, economic policies, and creating a first-class business environment ahead of the March legislative session.
Canadian Scholar: US Tariffs Could Trigger Recession in Canada, Impact US Economy
Canadian economist David Gray warns that US tariffs could lead Canada into recession, causing economic chaos in the US as well.
China’s Consumption Market Kicks Off Year of the Snake with Robust Start
China’s 2025 Spring Festival sees strong consumption boost through vouchers and policies, driving economic growth and holiday spending.
China Rejects New US Tariffs, Sees No Winners in Trade Conflict
China strongly opposes the US’s additional 10% tariff on goods, stating there are no winners in the trade war. China urges the US to resolve issues through equal consultation.
Australian Academic Criticizes US Tariffs as Ineffective for Reindustrialization
Australian academic Warwick Powell argues that US tariffs alone cannot revive its decaying manufacturing industry, which has been declining for over 50 years.
China’s 2025 Spring Festival Sets New Records in Travel and Consumption
China’s 2025 Spring Festival holiday set new records in travel, dining, and consumption, marking the first celebration since its UNESCO Intangible Cultural Heritage recognition.
Chinese Mainland’s Spring Festival Sees 5.9% Rise in Tourism and 7% Boost in Spending
The Chinese mainland’s 2025 Spring Festival saw a 5.9% increase in domestic trips and a 7% rise in spending, fueled by UNESCO recognition and vibrant cultural attractions.
Spring Festival Sees Record Tourism and Spending in the Chinese Mainland
The 2025 Spring Festival holiday in the Chinese mainland saw a significant boost in tourism and consumer spending, with over 500 million domestic trips and spending reaching 677 billion yuan.
China’s 2025 Spring Festival Box Office Hits Record High of 10 Billion Yuan
China’s 2025 Spring Festival box office revenues hit a record 10 billion yuan, with 187 million moviegoers attending theaters. Top films like ‘Ne Zha 2’ set new milestones for the domestic film industry.