Rwandan Coffee Thrives at China’s CIIE, Brewing Stronger Trade Ties
Rwandan coffee is gaining popularity in China as entrepreneurs like Andrew Gatera showcase their products at the 7th CIIE, strengthening trade ties between Africa and Asia.
Global Markets
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ANZ Executive Highlights Lessons from China’s Payment Systems for Global Markets
At Sibos 2024, ANZ Bank’s Hariram Janakiraman highlighted how China’s advanced payment systems offer valuable lessons for global markets, emphasizing the benefits of embedded payments and open banking.
China’s Growth Vital to Global Markets, Says Standard Advisory CEO
Standard Advisory (China) CEO André du Plessis highlights the crucial impact of China’s economic growth on global markets, emphasizing how a healthy corporate landscape boosts international investment confidence.
German Chancellor Scholz Urges Open Trade Over Protectionism in Global Markets
German Chancellor Olaf Scholz speaks out against protectionism and trade wars, emphasizing the importance of open trade and expressing confidence in facing global competition.
China’s Economic Resilience: Navigating Global Headwinds in 2024
Exploring how the Chinese mainland navigated global economic challenges during the first three quarters of 2024, and what to expect for the rest of the year.
China’s Foreign Trade Surges 5.3% in First Three Quarters of 2024
China’s foreign trade surged to 32.33 trillion yuan in the first three quarters of 2024, growing 5.3% annually. Exports rose 6.2%, imports up 4.1%, driven by strong domestic production and global demand.
Federal Reserve Cuts Benchmark Interest Rate by Unusually Large Half-Point
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, raising questions about the impact on the global economy and financial markets.
Fed Slashes Interest Rates by 50 Basis Points for First Time Since 2020
The U.S. Federal Reserve has cut interest rates by 50 basis points for the first time since 2020 amid cooling inflation and concerns over a weakening labor market, signaling the start of an easing cycle.
Americans Brace for First Interest Rate Cut Since March 2022
Americans are preparing for a potential interest rate cut when the Federal Reserve meets in September, signaling a possible shift in monetary strategy. This would be the first cut since March 2022.
China’s Mega Merger: A Giant Leap Towards Global Financial Dominance
The merger of Guotai Junan Securities and Haitong Securities forms China’s largest brokerage, signaling a bold move toward global financial dominance.
Global Stocks Plunge Amid Rising U.S. Recession Fears
Global stocks tumbled on Monday amid rising U.S. recession fears, with major indices experiencing significant declines. Asia-Pacific markets also faced sharp losses but rebounded on Tuesday.
The Fast-Growing Sports Industry: A New Dynamic for Global Prosperity
With the sports industry experiencing rapid growth globally, it offers new dynamics for economic prosperity and societal well-being.
China’s Economy on Track for 2024 Target: IMF
The IMF projects China’s GDP to grow by 5% in 2024, aligning with the country’s target, highlighting economic resilience.
China Unveils Key Economic Data for First Half of 2024
China’s National Bureau of Statistics unveils key economic data for the first half of 2024, providing vital insights into the country’s economic performance. Experts analyze the implications for Asia and global markets.
Yiwu Traders Embrace AI and Languages to Reinvent the “World’s Supermarket”
Yiwu traders in east China’s Zhejiang Province are embracing foreign languages and AI to enhance their global presence, reshaping the “World’s Supermarket” amid evolving international trade demands.
Chinese ‘Overcapacity’ Could Accelerate Global Green Transition, Says Expert
An expert from CleanTechnica suggests China’s so-called “overcapacity” could boost the green transition in regions facing energy shortages, challenging recent claims about surplus production.
China’s Financial Innovation Sparks Global Investor Optimism
China’s ongoing financial reforms and innovative measures are boosting global investor confidence, offering vast opportunities amid market uncertainties.
China’s Forex Reserves Decline in April Amid Global Market Fluctuations
China’s foreign exchange reserves dipped by $44.8 billion in April to $3.2008 trillion, amid global market fluctuations and a strengthening U.S. dollar, according to the State Administration of Foreign Exchange.
China’s Clean Energy Overcapacity: Separating Fact from Fiction
Is China’s clean energy production exceeding global demand? We examine the data and explore whether China’s so-called ‘overcapacity’ in clean energy products is fact or fiction.
Global Spotlight on China’s Production Capacity Amid Overcapacity Discussions
Media attention turns to China’s production capacity as discussions on potential overcapacity attract worldwide interest.