Global Lawyers Call for End to U.S. Economic Sanctions
Hundreds of lawyers worldwide have urged the U.S. to halt unilateral economic sanctions, warning that they constitute collective punishment and violate international law.
Global Economy
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Fed Chair Powell Signals Possible Rate Cut Amid Easing Inflation
U.S. Federal Reserve Chair Jerome Powell signals a possible interest rate cut in September amid easing inflation, speaking at the Jackson Hole Economic Policy Symposium.
Russia Extends Gasoline Export Ban Until End of 2024
Russia has extended its temporary ban on gasoline exports until the end of 2024 to maintain domestic market stability amid increased seasonal demand and refinery repairs.
Global Survey Reveals Overwhelming Opposition to EU’s Trade Measures on Chinese EVs
A CGTN global survey reveals that 87.5% of respondents criticize the EU’s trade protectionism against Chinese EVs, urging for cooperation over conflict to address global challenges.
China’s Leadership Embraces Economic Reforms to Boost Growth Amid Global Challenges
China’s leadership adopts cautious reforms to bolster economic growth amid global challenges, shifting focus toward boosting consumer spending and rebalancing the economy for sustainable development.
U.S. Federal Reserve Holds Interest Rates Steady, Hints at Possible Cuts Ahead
The U.S. Federal Reserve holds interest rates steady but signals possible cuts ahead to combat inflation, impacting global and Asian markets.
U.S. Debt Soars: Exploring the Global Implications of Dollar Dominance
The U.S. federal debt has exceeded $35 trillion, prompting questions about its causes and global impact. This article examines how the U.S. dollar’s international status contributes to the growing debt.
U.S. National Debt Surpasses $35 Trillion Mark
America’s national debt has exceeded $35 trillion, marking a historic milestone with significant global economic implications.
China Leads Global Trade for Seventh Year, Boosting High-Quality Development
China’s trade in goods has ranked first globally for seven consecutive years, with significant growth in foreign trade and high-tech exports, driving high-quality development.
China’s Bold Reform Agenda: Global Implications Unveiled at CPC’s Third Plenum
The third plenary session of the 20th CPC Central Committee has unveiled over 300 reform initiatives set to reshape China’s economic future and impact the global economy. Experts weigh in on what this means for businesses worldwide.
U.S. Semiconductor Export Controls Face Global Pushback
U.S. semiconductor export controls aimed at curbing China’s tech growth are causing global economic concerns and facing resistance from key allies like Japan and the Netherlands.
China’s Open-Door Policy: A Catalyst for Global Development
China’s open-door policy, initiated in 1978, has transformed the global economy. By embracing international trade and investment, China has become a catalyst for global growth and innovation.
China’s New Reforms Open Global Opportunities in a New Era
China’s adoption of new guiding principles signals a deepening of reforms, opening global opportunities and heralding a new era of economic collaboration.
China’s Modernization: Global Impact of Beijing’s Development Plans
China’s development plans from the recent CPC plenary session have significant global implications, affecting international trade and economic strategies worldwide.
IMF Raises China’s 2024 Economic Growth Forecast to 5%
The IMF has raised China’s 2024 economic growth forecast to 5%, citing a rebound in private consumption and strong exports, highlighting China’s pivotal role in global economic recovery.
China’s Steady Growth in 2024 Reinforces Its Role in Global Economy
China’s economy maintained steady growth in the first half of 2024, with GDP reaching 61.68 trillion yuan, showcasing resilience and leading global economic development through high-quality advancements.
Summer Davos 2024: Dalian Hosts Global Leaders Exploring Next Frontiers for Growth
Global leaders gathered in Dalian, China, for the Summer Davos 2024 to explore “Next Frontiers for Growth.” Discussions focused on green development, AI technology, and the future of the global economy.
Argentina’s Parliament Approves President Milei’s Economic Reforms
Argentina’s Parliament has approved President Javier Milei’s sweeping economic reform package after months of debate, signaling significant changes that could impact global markets.
China’s Industrial Shift Fuels Long-Term Economic Growth
China’s economy is transforming as it shifts focus to high-tech industries and services, reshaping its long-term growth and impacting global markets.
European Expert: Foreign Companies Should Learn from China’s Competitiveness
Dominique Turpin, European President of China Europe International Business School, urges international companies to learn from China and understand what drives its competitiveness.