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.
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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.
Chinese Dramas Surge in Global Popularity, Captivating Southeast Asia and Beyond
Chinese dramas have experienced a significant surge in global popularity in 2024, overtaking American dramas on Southeast Asia’s VOD platforms and becoming the top free content choice with a 40% user share.
Thailand Cuts Power to Myanmar Border Areas to Combat Illegal Operations
Thailand has suspended power supply to five border areas in Myanmar to combat illegal activities such as human trafficking and online scams, Deputy Prime Minister Anutin Charnvirakul announced.
China’s Decreasing Dependence on U.S. Trade May Soften Impact of New Tariffs
China’s decreasing reliance on U.S. trade may lessen the impact of new 10% tariffs on Chinese exports, according to the Council on Foreign Relations.
Expert Labels New US Tariffs on China as Symbolic Gesture
He Zhiguo, professor at Stanford University, views new US tariffs on Chinese exports as symbolic, cautioning potential financial market volatility in China after the Spring Festival.
Stanford Professor He Zhiguo Calls New US Tariffs on China a Symbolic Move
Stanford Professor He Zhiguo describes the Trump administration’s new 10% tariffs on Chinese exports as a symbolic gesture with minimal impact on prices, cautioning about potential market volatility after Spring Festival.
Economist Warns Trump’s Tariff Threats Could Isolate America
Economist Xing Yuqing warns that President Trump’s tariff threats against Canada and Mexico may lead to America’s isolation in the global economy.
Former EU Council President Rompuy Calls for Multilateralism and Open Markets
Former European Council President Herman Van Rompuy calls for multilateralism and open markets, addressing trade deficit issues between the EU and China in a recent interview with China Media Group.
Former EU Council President Rompuy Advocates for Multilateralism and Open Markets
Herman Van Rompuy emphasizes the need for multilateralism and open markets, urging the EU to enhance competitiveness and ensure fair competition conditions for China in Europe.
Global Trade Faces Turbulence Amid U.S. Tariffs on Neighbors and China
U.S. tariffs on Mexico, Canada, and China raise global trade concerns, risking retaliatory measures, disrupting supply chains, and slowing economic growth.
China Adds PVH Corp and Illumina to Unreliable Entity List
China has added two U.S. firms, PVH Corp. and Illumina, Inc., to its unreliable entity list for violating market principles and harming Chinese companies, the Ministry of Commerce announced.
China Adds U.S. Firms PVH Corp. and Illumina to Unreliable Entity List
China’s Ministry of Commerce has added U.S. firms PVH Corp. and Illumina, Inc. to its unreliable entity list, citing violations of market principles and harm to Chinese companies’ legitimate rights and interests.
China Adds Two U.S. Firms to Unreliable Entity List
China’s Ministry of Commerce has added U.S. firms PVH Corp. and Illumina Inc. to its unreliable entity list, citing violations of market principles and discriminatory actions against Chinese companies.