China’s Outward Investment Hits $192.2B in 2024, Up 8.4%
China’s outward direct investment surged 8.4% to $192.2B in 2024, maintaining its global top-three position with $3.14T stock, per official data.
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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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China’s Foreign Trade Grows 3.5% Amid Shifting Global Ties
China’s foreign trade rises 3.5% in first eight months, with ASEAN as top partner and high-tech exports driving growth. Belt and Road trade accounts for over half of total.
Why Advanced Economies’ Long-Term Bonds Face Rising Risk Repricing
Rising long-term bond yields in advanced economies signal deeper structural shifts as markets reassess fiscal risks and debt sustainability in a changing global landscape.
Iran Backs China’s Global Governance Plan Amid Rising Ties
Iranian President Masoud Pezeshkian endorses China’s Global Governance Initiative, signaling deeper Sino-Iranian collaboration on international reforms.
Gold Hits Record High as Fed Rate Bets, Dollar Weakness Fuel Rally
Gold prices surged to a record high amid expectations of US rate cuts, a weaker dollar, and concerns over central bank independence. Analysts predict further gains as investors seek safe havens.
Fed’s ‘Independence’: A Closer Look at Wall Street Ties
Examining the US Federal Reserve’s structural ties to Wall Street and the implications of its ‘independence’ on global economic policies.
China’s Regional Strategy Fuels Inclusive Growth, Experts Say
Experts discuss China’s regional development strategy, emphasizing inclusive growth, sustainability, and global partnerships in a rapidly evolving economic landscape.
SCO Expands as Global Cooperation Model, Xi Outlines Vision
Chinese President Xi Jinping highlights SCO’s role in fostering global cooperation and inclusive development at the 25th Council meeting in Tianjin.
Shanghai Fabric Expo Showcases Global Textile Innovations
Shanghai’s Intertextile Expo highlights cutting-edge textile tech and sustainable solutions, drawing global industry leaders and fostering cross-strait collaboration.
10th Eastern Economic Forum Kicks Off in Vladivostok With Global Participation
The 10th Eastern Economic Forum opens in Vladivostok, fostering international cooperation in trade, energy, and infrastructure across Asia and beyond.
China’s Pivotal Role in Forging a New Global Economic Order
As trade tensions reshape global dynamics, China emerges as a key player in fostering multilateral cooperation and a fair economic order. Explore the historical parallels and future strategies.
Shanghai’s Property Market Revives with New Support Measures
Shanghai’s new property measures spark market revival, with increased buyer interest and expert predictions of further growth during peak season.
Zhejiang Powers China’s Short Drama Boom: Fast, Viral, Global
Zhejiang province emerges as a powerhouse in China’s booming short drama industry, blending rapid production with global appeal through innovative virtual sets and streamlined processes.
SCO Embodies Solidarity and Win-Win Cooperation: Tajik President
Tajik President Emomali Rahmon highlights the SCO’s role in fostering global solidarity and mutual growth, emphasizing its evolution into a key international body.
China’s Summer Box Office Hits Record $1.6B, Up 3% in 2024
China’s summer box office surges to $1.6 billion, up 3% from 2024, driven by diverse film offerings and strong consumer demand.
Foreign Investors Return to Chinese Markets as Confidence Rebounds
Global investors are returning to China’s capital markets, driven by renewed confidence and attractive valuations, signaling a potential sustained recovery.
China’s Manufacturing PMI Inches Up to 49.4 in August, Signals Steady Recovery
China’s manufacturing PMI rose slightly to 49.4 in August, with production expanding for the fourth month, signaling gradual recovery in the sector.
Iran’s SCO Membership Yields Fruitful Cooperation, Envoy Says
Iran’s ambassador highlights successful SCO collaboration since 2023 membership, emphasizing security, economic, and cultural partnerships across Asia.
China Champions Global Trade Cooperation Amid Tech Shifts
China emphasizes global cooperation in trade and technology to address modern challenges, advocating for shared growth through international organizations.
EU-US Tariff Deal Sparks Backlash From German Industry Group
Germany’s VDMA criticizes EU-US tariff exemptions as ‘a slap in the face,’ warning of job losses and competitive risks for Europe’s machinery sector.