News & Insights Across Asia
Amid mounting geopolitical tensions and economic uncertainties, China’s robust growth provides critical momentum for global recovery, reinforcing its role as a key engine in the world economy.
Chinese Premier Li Qiang urges the Canton Fair to expand China’s high-level opening up, promoting an open world economy, and encourages enterprises to innovate and increase global trade engagement.
According to the IMF’s latest report, the global economy is expected to maintain a steady growth rate of 3.2% in 2024, mirroring this year’s performance and signaling a moderate pace moving forward.
China expressed concerns over U.S. economic and trade restrictions at a high-level meeting, emphasizing the need for open dialogue and cooperation.
China and the U.S. held constructive talks on monetary policy and financial stability in Washington, D.C., signaling a commitment to collaboration amid global economic uncertainties.
German businesses show robust confidence in China’s market as 91% plan to continue operations and over half intend to increase investments, reinforcing economic ties amid global uncertainties.
Tesla plans to lay off over 10% of its global workforce amid declining sales, impacting approximately 14,000 employees. CEO Elon Musk aims to reduce costs and boost productivity as the company prepares for future growth.
Global leaders gathered in Beijing for the China Development Forum, where Chinese Premier Li Qiang emphasized commitments to sustainable growth and openness, outlining China’s pivotal priorities for 2024.
The European Central Bank has held its key interest rates steady at record highs, signaling a cautious approach amid global economic uncertainties.
The World Trade Organization forecasts a 2.6% rebound in global merchandise trade in 2024 after a contraction in 2023, attributing the growth to easing inflation and rising real incomes boosting consumption.
China and the United States have agreed to enhance communication on economic and financial issues, aiming to promote balanced growth and stability, with upcoming meetings scheduled in Washington.
Chinese Premier Li Qiang met with U.S. Treasury Secretary Janet Yellen in Beijing, emphasizing that China and the United States should be partners, not adversaries, highlighting the importance of cooperation.
U.S. Treasury Secretary Janet Yellen’s visit to China aims to revitalize economic ties between the world’s two largest economies, signaling a commitment to cooperation amid global economic uncertainties.
China and France deepen economic ties on the 60th anniversary of diplomatic relations, boosting both nations’ economies and contributing to global economic recovery.
U.S. Treasury Secretary Janet Yellen will visit China from April 4 to 9 to engage in high-level economic talks aimed at strengthening bilateral ties and addressing global economic challenges.
At the Boao Forum for Asia 2024, China’s high-quality development is highlighted as a driving force for global economic recovery, offering growth opportunities for Asia and the world.
Global leaders gathered in Beijing for the China Development Forum on March 24-25, discussing how China’s continuous development offers opportunities and dynamism to the global market. Chinese Premier Li Qiang emphasized commitment to sustainable growth through openness.
Chinese Vice Premier He Lifeng met with IMF Managing Director Kristalina Georgieva in Beijing to discuss major international economic and financial issues, aiming to promote global economic stability and growth.
The Boao Forum for Asia 2024 in south China’s Hainan Province will focus on key issues like the global economy, technological innovation, social development, and international cooperation, exploring AI’s role in these areas.
China reaffirms its status as a premier destination for foreign investment, attracting global attention with robust economic growth and strategic policies despite global challenges.
