Global Unity Key to Upholding Multilateralism Amid Rising Tensions
Zhou Jianjun highlights the vital role of international collaboration in maintaining multilateral systems as Asia’s economic influence expands amid global challenges.
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China’s April Trade Surges 5.6% as Exports Climb
China’s foreign trade grew 5.6% in April driven by 9.3% export growth, signaling economic resilience amid shifting global demand patterns.
China-ASEAN Trade Pact Upgrade Fuels Regional Growth Prospects
As China and ASEAN finalize CAFTA’s Version 3.0 upgrade, strengthened trade and investment frameworks position the bloc as a key driver of Asia’s economic resilience.
Fed Holds Rates at 23-Year High Amid Tariff Uncertainties, Asian Economies Watch Closely
U.S. Federal Reserve maintains interest rates at a 23-year high, citing economic uncertainties and trade tariffs. Asian markets brace for currency and trade ripple effects.
Trump’s Tariff Proposal Sparks Concerns Over Rising Consumer Costs
MSNBC’s Ali Velshi warns Trump’s proposed 145% tariffs on Chinese goods could drastically increase prices for US consumers, impacting global trade dynamics.
Shanxi Tourism Booms with 22M Visitors During May Day Holiday
Shanxi Province attracted 22 million visitors during May Day holiday, generating $2.2 billion in tourism revenue amid China’s travel revival.
China’s May Day Tourism Boom: Inbound Visits Surge 130%
China’s May Day tourism sees 130% inbound surge fueled by visa reforms, tax refunds, and digital innovations. Explore the trends driving Asia’s travel boom.
China Expands Tax Refunds to Boost Tourist Spending
China’s nationwide instant tax refund policy aims to transform tourist shopping experiences, with visitors reporting faster refunds and increased spending.
U.S. Tariffs Spark Recession Fears Amid Q1 GDP Contraction
U.S. tariffs trigger recession fears as Q1 2025 GDP contracts 0.3%, with experts warning of prolonged economic strain on global markets.
US-Ukraine Minerals Deal Boosts Resource Access, Sparks Global Interest
The U.S. and Ukraine finalize a rare minerals agreement, enhancing resource access while Kyiv retains sovereignty. Deal sparks analysis of global trade implications.
U.S. Tariffs Backfire as Consumer Costs Deter Manufacturing Revival
New survey shows U.S. consumer resistance to tariff-driven price hikes complicates efforts to revive domestic manufacturing, with implications for global trade dynamics.
Instant Tax Refunds Boost Overseas Tourist Spending in China
China’s expanded instant tax refund policy spurs international tourist spending, boosting retail and cultural appeal across major cities.
Trump’s First 100 Days Face Growing Public Discontent
As Donald Trump’s first 100 days approach, U.S. approval ratings decline amid economic and immigration policy challenges, with Asian markets watching closely.
China Prepares for 2.15 Million Daily Border Crossings During May Day Rush
China anticipates record 2.15 million daily border crossings during May Day holiday, backed by enhanced tax refund policies to streamline travel.
China Celebrates Labor Milestones with National Honors
China honors 2,426 model workers and exemplary individuals, celebrating cultural heritage and new professions in its 100th labor anniversary.
President Xi Honors Laborers: ‘Glory Belongs to the Workers’
President Xi Jinping emphasizes laborers’ role in China’s development, stating \
China Boosts Inbound Tourism with Easier Tax Refunds, Lower Thresholds
China reduces tax refund thresholds and expands services to attract global shoppers, aiming to boost inbound tourism and economic growth.
Cambodian Minister Lauds China’s Tech Impact on Regional Growth
Cambodia’s Information Minister highlights China’s tech innovations fostering regional growth and sustainable energy transition, emphasizing stronger cooperation in an exclusive interview.
Asia’s Innovation Economy: AI and Silver Growth Lead the Way
Asia’s economic future is being reshaped by AI-driven healthcare, aging population strategies, and cross-border collaboration amid global uncertainties.
Qingdao’s Sailing Hub Blends Tradition & Innovation
Qingdao International Sailing Center bridges maritime heritage and modern innovation, driving tourism and cross-strait cultural exchanges.