Industries

Trump Administration Accelerates Psychedelic Research for PTSD, Sparking Hope and Controversy

President Trump signs executive order to accelerate research into ibogaine and other psychedelics for PTSD treatment, sparking debate and hope.

Bank of Korea Raises Rate to 3% in Second Straight Hike

The Bank of Korea raised its benchmark rate 25 basis points to 3.0% on Thursday, a second straight hike backed by a chip-led export boom.

Warsh Cuts Fed Statement to 130 Words, Drops All Rate-Cut Language

Fed Chair Kevin Warsh shortened the post-meeting statement to 130 words from 341, removing all mention of future rate cuts and hinting at higher-for-longer

Trump Demands FCC Punish NBC Host, Treasury Bars Reporters From G20

Trump called for FCC punishment of NBC host Kristen Welker on Sunday as the Treasury barred NYT, WSJ and Bloomberg reporters from G20 events.

Bessent Says U.S. Will Sanction Another Bank Over Iran Ties This Week

Treasury Secretary Scott Bessent said the U.S. will sanction another bank this week to clamp down on Iran transactions, ahead of G20 meetings in North Caro

China and UAE strengthen industrial cooperation with bilateral agreements at JOCIC’s exhibition in Abu Dhabi

The first Chinese Industrial Products Exhibition hosted by Jiangsu Overseas Cooperation and Investment Company (JOCIC) in Abu Dhabi on March 7 attracted over 500...

Industry Experts: China to Promote Clean and Efficient Use of Coal Amid Green Transition

Industry experts say that China will continue to promote the clean and efficient use of coal while advancing technological research and development to ensure...

Chinese Airlines Urge Government for Support in Resuming International Flights

Members of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) have expressed that domestic carriers are looking to increase the...

China’s Tea Exports Maintain Steady Growth in 2022 Despite Pandemic

According to the latest data from the General Administration of Customs, China's tea exports experienced steady growth in 2022, showcasing the country's continued dominance...

China’s Housing Market Sees Double-Digit Growth in Transaction Volume Fueling Market Confidence

The Chinese housing market saw a strong rebound in February, with many cities reporting double-digit monthly growth in housing transaction volume. Experts predict that...

Xinjiang’s Tourism Revenue Reaches $2.4 Billion Thanks to Booming Ice-and-Snow Tourism

Northwest China's Xinjiang Uygur autonomous region is witnessing a remarkable recovery in tourism in 2022, thanks in large part to the increasing popularity of...

Innovative Approach Developed by Chinese Researchers to Control Waste Transfer Station Odor

Waste transfer stations are essential facilities for managing waste before it is sent to landfills or recycling facilities. However, they often generate a strong...

Chinese machinery giant Sany Group leads Yancheng’s green agenda with new industrial park

Sany Group, the Chinese machinery behemoth, has unveiled the Sany & Zhongding New Energy Building Materials Industrial Park in Yancheng, Jiangsu province, with the...

China’s abandoned makeshift hospitals transformed into long-term rental apartments

In January, the buzz on China's social media platforms centered around the conversion of a makeshift hospital into long-term rental apartments for skilled professionals...

China State Shipbuilding Corporation wins 25% of global PCTC market share with large-scale models

All 17 new orders for pure car and truck carriers (PCTC) worldwide in January were won by Chinese shipbuilders, a feat that may seem...

Glamping in China: A Growing Market Despite Pandemic-Induced Challenges

Glamping became a popular trend in China in 2022, as people sought a way to escape the confines of COVID-19 restrictions and enjoy the...

Sanya’s Tourism Sector Sees Boost as Visitors Flock to “Edges of Heaven, Corners of the Sea”

Sanya, a coastal resort city in South China's Hainan province, is seeing a surge in tourism as visitors flock to Tianya Haijiao, a famous...

China’s total logistics revenues up by 4.7% in 2022

China's logistics industry has maintained a steady growth trajectory in 2022, as per the latest industry report by the China Federation of Logistics and...

China’s Fengning Pumped Storage Power Station: World’s Largest “Power Bank”

Nestled in the hills of Hebei province, China's Fengning Pumped Storage Power Station has become the largest "power bank" in the world, capable of...

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