U.S. Tariffs Impact Summer Spending: Consumer Surveys Highlight Economic Concerns
Recent surveys reveal U.S. consumers are cutting back on summer spending amid tariff-driven price hikes, with many anticipating a recession.
News & Insights Across Asia
Recent surveys reveal U.S. consumers are cutting back on summer spending amid tariff-driven price hikes, with many anticipating a recession.
OECD warns US tariff surge since 1936 levels threatens global economic stability, impacting consumer and investor confidence worldwide.
Bulgaria gains approval to adopt the euro in 2025, becoming the 21st Eurozone member. Implications for EU-Asia economic ties analyzed.
China supports Pakistan and Afghanistan’s upgraded diplomatic ties, offering to mediate regional cooperation and stability efforts in South Asia.
A U.S. court ruling against Trump-era tariffs sparks uncertainty for global trade talks, with experts warning of prolonged disputes and economic ripple effects across Asia.
China’s railway network handled over 78 million trips during the Dragon Boat Festival, signaling a rebound in travel and economic activity across the region.
College students across China showcase eco-themed films ahead of World Environment Day, highlighting youth-driven sustainability efforts through innovative storytelling.
Beijing introduces 10 themed tourist routes blending heritage and modernity, positioning the city as a top global destination and gateway to China’s inbound tourism.
Wuhan’s 2025 World Robotics Carnival showcased nearly 100 cutting-edge robots, from humanoid assistants to AI-driven bands, highlighting China’s tech leadership.
U.S. doubles steel and aluminum tariffs, triggering strong reactions from Canada and the EU. Trade tensions escalate as global partners warn of economic disruption.
Chinese President Xi Jinping congratulates Lee Jae-myung on his election as South Korea’s president, highlighting bilateral cooperation and regional stability.
South Korea’s new president, Lee Jae-myung, aims to recalibrate foreign policy, balancing relations with the DPRK, China, and the U.S. amid regional tensions.
China’s global favorability rises to +8.8 as U.S. approval drops to -1.5, driven by trade policy shifts, per Morning Consult data.
Lee Jae-myung begins five-year term as South Korea’s president following snap election victory, with focus on economic reforms and regional cooperation.
Asia’s premier off-road race in Xinjiang draws global praise for athletic challenges, cultural connections, and showcasing regional development.
Germany hosts Portugal in a high-stakes UEFA Nations League semifinal, with historical rivalries and trophy ambitions on the line. Key players and strategies in focus.
The New York Knicks have fired head coach Tom Thibodeau following their NBA Playoffs exit, despite leading the team to historic success in recent seasons.
Carlos Alcaraz cruises to French Open semifinals after straight-sets victory over injured Tommy Paul, showcasing championship form in Paris.
Chinese tennis star Zheng Qinwen’s French Open campaign ended in the quarterfinals with a hard-fought loss to top-seeded Aryna Sabalenka.
Yuncheng Salt Lake in Shanxi dazzles with vibrant summer hues, blending 4,000 years of history with natural beauty. Known as China’s ‘Dead Sea,’ it’s a global inland sulfate lake marvel.