US Stock Markets See Historic Slump Amid Rising Tariff Tensions
US stock markets saw their worst day in nearly five years amid tariff policy concerns, with major indices plunging up to 6%.
Economy
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Deutsche Bank Survey: Chinese Consumers Boost Financial Confidence
Deutsche Bank survey shows rising consumer confidence on the Chinese mainland, with increased income expectations and spending willingness.
SCIO Press Briefing Highlights Early 2025 Economy
China’s SCIO held a press conference on early 2025 economic performance, with Fu Linghui addressing media questions and highlighting key trends.
China’s Economic Update: Early 2025 Live Briefing
China’s State Council Information Office held a live briefing on the nation’s economic performance for the first two months of 2025, with Fu Linghui addressing media questions.
China to Slash Logistics Costs, Enhance Transportation Efficiency
China’s Minister of Transport announces plans to reduce nationwide logistics costs by $55 billion in 2024, enhancing transportation efficiency across sectors.
China Prioritizes Rural Revitalization and Agricultural Growth in Latest Policy
China is enhancing its focus on agricultural growth and rural revitalization, aiming to benefit farmers and increase rural incomes, according to Premier Li Qiang.
US Imposes 25% Tariffs on Canadian Goods, Sparks Trade Row
New US tariffs on Canada spark economic concerns; retaliatory measures signal deepening trade tensions in North America.
Chinese Mainland Reaffirms Commitment to Data Privacy and Security
The Chinese mainland has reaffirmed its commitment to protecting data privacy and security, emphasizing adherence to the law and opposing the politicization of economic and technological matters.
China to Further Open Doors: CPPCC Spokesperson Liu Jieyi
China’s top political advisory body announced plans to further open its economy, emphasizing the country’s role in global growth and the Belt and Road Initiative.
Turkey’s Inflation Rate Falls Below 40% for First Time Since June 2023
Türkiye’s annual inflation rate dropped below 40% in February, marking a ninth consecutive month of slowdown, according to official statistics.
Chongqing Leaps to 4th Largest GDP City in China for 2024
Chongqing has rapidly ascended to become China’s fourth-largest city by GDP in 2024, driven by its booming manufacturing and film industries.
Xi Jinping to Publish Article on Economic Strategy in Qiushi Journal
Chinese president Xi Jinping is set to publish an article on managing key economic relationships in the upcoming issue of Qiushi Journal, the CPC Central Committee’s flagship magazine.
EU Vows Strong Response to US Imposed Tariffs
The European Union vows a firm response to U.S. President Donald Trump’s 25% tariffs on European imports, emphasizing the protection of economic sovereignty and maintaining fair trade.
AI Transformation: Shifting Global Workforce to an Innovation Economy
Explore how AI is transforming the global workforce from a knowledge to an innovation economy, emphasizing uniquely human skills and democratizing innovation.
China’s Robotics Industry Soars: Over 451,700 Enterprises and $900B Investment
China’s smart robotics sector has grown by 207% since 2020, with over 451,700 enterprises and $900 billion in investment, positioning the nation as a leader in humanoid robotics.
US Imposes New Tariffs on Canada, Mexico, and the Chinese Mainland: Implications for Global Trade
US President Trump’s new tariffs on imports from Canada, Mexico, and the Chinese mainland spark trade tensions with significant global economic implications.
Cixi: Asia’s Home Appliance Powerhouse Achieves $14 Billion GDP Milestone
Cixi, a small town in the east of the Chinese mainland, has emerged as the world’s largest producer of irons and heaters, achieving a GDP milestone of over $14 billion.
China Slams US Investment Restrictions, Pledges to Defend National Interests
China’s Foreign Ministry spokesperson Lin Jian criticizes the US for new investment restrictions, arguing they harm both nations’ economic interests and urges adherence to international trade rules.
China Criticizes US Investment Restrictions, Vows to Safeguard Economic Interests
China has condemned the US’s new investment restrictions, vowing to protect its economic interests and urging a fair business environment for Chinese investors.
U.S. Tariffs on Mexican Steel: Long-Term Economic Impacts
Pablo Calderon Martinez warns that U.S. tariffs on Mexican steel will have significant long-term effects on Mexico’s economy and global markets.