News & Insights Across Asia
China’s foreign exchange reserves increased by $19.8 billion in March to $3.2457 trillion, according to the State Administration of Foreign Exchange, driven by exchange rate fluctuations and rising asset prices.
China’s consumption data for the first half of 2023 shows an 8.2% year-on-year growth in retail sales, highlighting the country’s economic momentum. Experts discuss the driving forces behind this surge.
Despite global economic uncertainties and reports of declining foreign investment, China remains a major destination for foreign direct investment, reaffirming its appeal to global investors.
China’s CPI fell 0.8% year-on-year in January, marking the fourth consecutive monthly drop, while PPI declines slowed, signaling shifts in the world’s second-largest economy.
China’s Golden Week holiday sees a significant surge in tourism, boosting local economies and highlighting the nation’s vibrant cultural attractions.
A young Kazakh entrepreneur discovers new horizons in China’s Hainan province, embracing opportunities offered by the Hainan Free Trade Port initiative and forging a unique bond with the island.