US Tariffs Strain Household Budgets Amid Rising Inflation
Rising US tariffs are driving up living costs, squeezing American families amid persistent inflation, experts warn.
GlobalEconomy
Read More
OECD Urges Multilateral Trade Solutions Amid Global Challenges
OECD highlights multilateral cooperation as key to tackling unfair trade practices, emphasizing a rules-based global system in recent policy discussions.
CIFTIS 2025: China’s Services Trade Fuels High-Quality Growth
CIFTIS 2025 highlights China’s booming services trade, driven by AI and digital innovation, as a key pillar of economic growth and global cooperation.
China Proposes Major Foreign Trade Law Overhaul to Boost Global Competitiveness
China’s proposed Foreign Trade Law revision aims to modernize trade regulations, enhance compliance, and address global challenges like digital and green trade.
2025 China Trade Services Fair Opens with Global Focus on Tech and Open Markets
Beijing’s 2025 CIFTIS highlights global tech collaboration and open markets, with 85 countries and 2,000 firms, including Fortune 500 leaders, shaping the future of services trade.
BRICS Emerges as Global Stabilizer Amid Shifting World Order
Expanded BRICS alliance gains prominence as stabilizing force in global governance amid shifting economic and political landscapes.
China Urges Global Service Trade Liberalization at Beijing Summit
Chinese Vice Premier proposes international service trade reforms at Beijing summit, emphasizing digital innovation and reduced barriers to boost global economic recovery.
France’s Leadership Shift Sparks Concerns Over Asian Market Stability
France’s new leadership faces protests while Asian markets assess potential economic repercussions of political instability in Europe.
Xi Jinping Hails Global Service Trade at 2025 CIFTIS Opening
Xi Jinping underscores China’s commitment to global service trade innovation and cooperation in a congratulatory letter to the 2025 CIFTIS, highlighting digital and green economic shifts.
China, Portugal Strengthen Ties to Boost Trade and Innovation
China and Portugal pledge to deepen cooperation in trade, green energy, and tech innovation while opposing protectionism, marking 20 years of strategic partnership.
China Pledges Enhanced BRICS Cooperation for Global Equity
China commits to advancing BRICS cooperation, with President Xi Jinping urging strengthened multilateralism and global economic reforms during virtual summit.
China’s Services Trade Surge: 2025 CIFTIS to Drive Global Growth
China’s services trade surpasses $1 trillion in 2024 as the 2025 CIFTIS prepares to boost global cooperation. Explore key sectors driving growth and economic impact.
Xi Jinping to Address BRICS Virtual Summit on Global Challenges
Chinese President Xi Jinping will deliver a keynote address at the BRICS Leaders Virtual Meeting, focusing on multilateral cooperation and economic strategies.
Xi to Address Global Economy, Multilateralism at BRICS Summit
President Xi Jinping will discuss global economic challenges and multilateral cooperation at the BRICS virtual summit, emphasizing China’s role in fostering equitable global governance.
China’s Outward Investment Hits $192.2B in 2024, Up 8.4%
China’s outward direct investment surged 8.4% to $192.2B in 2024, maintaining its global top-three position with $3.14T stock, per official data.
China’s Foreign Trade Grows 3.5% Amid Shifting Global Ties
China’s foreign trade rises 3.5% in first eight months, with ASEAN as top partner and high-tech exports driving growth. Belt and Road trade accounts for over half of total.
Xi to Join BRICS Summit Virtually Amid Global Economic Shifts
Chinese President Xi Jinping will attend the BRICS leaders’ meeting via video link on September 8, focusing on economic cooperation and global governance reforms.
Global Economic Power Shifts East to GMT+8 by 2050: Expert Analysis
Singapore expert predicts the global economic center will shift to the GMT+8 time zone by 2050, driven by Asia’s growth and China’s sustained contributions.
U.S. Jobs Data Sparks Fed Rate Cut Speculation, Markets React
Weaker-than-expected U.S. jobs data fuels speculation of a Federal Reserve rate cut in September, triggering market volatility and political debate.
Fed’s ‘Independence’: A Closer Look at Wall Street Ties
Examining the US Federal Reserve’s structural ties to Wall Street and the implications of its ‘independence’ on global economic policies.