Macro

Fed Knew Silicon Valley Bank Was Vulnerable a Year Before Collapse, Report Finds

An outside review says Fed staff spotted Silicon Valley Bank's flaws a year before its March 2023 collapse but held back for fear of being wrong.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.

China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project

Rongchang District Leads the Way in Boosting China’s Private Economy

As China's private companies play an increasingly important role in the country's economy, local governments have been searching for ways to encourage these companies...

Anhui’s Exports Soar 15.5% YoY to $17.2 Billion in Q1 2023

According to a press briefing on Thursday, Anhui province in East China recorded a foreign trade of 177.26 billion yuan ($25.7 billion) in the...

Chinese Government Criticizes US-China Economic and Security Review Commission Report on E-commerce Platforms

China has expressed deep concerns over the recent allegations made against its e-commerce platforms in a research report by the US-China Economic and Security...

Hainan’s Offshore Duty-Free Sales Soar to $26.8 Billion in 12 Years

Haikou Customs reported on Thursday that Hainan, the island province in South China, has generated a whopping 185 billion yuan ($26.8 billion) in total...

Guangzhou Authorities to Boost Private Businesses with New Legislative Changes

Authorities in Guangzhou, the capital of Guangdong province in southern China, are planning new legislative changes to support and boost private businesses. The aim...

China must develop its manufacturing sector towards higher-end, intelligent and better value-added products, experts say.

According to experts, China is expected to expand its high-level opening-up and strengthen international economic and trade cooperation to promote the high-quality development of...

China’s Cultural and Tourism Sectors to Receive Boost from New Campaign

China's Ministry of Culture and Tourism has announced a new campaign to boost consumption in the country's cultural and tourism sectors. Running until the...

China’s Resurging Overseas Demand Set to Bolster 2023 Foreign Trade Growth

China's foreign trade is expected to continue its steady growth in 2023, supported by resurging overseas demand, the country's free trade measures, and various...

Over 34,000 Exhibitors to Attend China’s Largest Trade Event

The 133rd China Import and Export Fair, also known as the Canton Fair, is set to open this spring with a new ferry terminal...

UN World Data Forum 2023: Advancing Sustainable Development with Data

The fourth United Nations World Data Forum is set to take place from April 24 to 27 in Hangzhou, East China's Zhejiang province, according...

China’s IP Court Streamlines Appeal Process, Improving Quality of Trials and Law-Based Environment for Innovators

China has become an increasingly popular venue for resolving international intellectual property disputes, according to a recent report by the Intellectual Property Court of...

IMF predicts positive spillovers from China’s economic growth in 2023

According to the International Monetary Fund (IMF), China's economy is projected to grow at a rate of 5.2 percent this year following the reopening...

China’s CPI Dips to an 18-Month Low in March

China's consumer inflation eased in March, reaching an 18-month low, while factory-gate prices showed an annual fall for the sixth consecutive month, according to...

Hopeful Signals Abound in China’s Latest Economic Data

According to recent data released by the National Bureau of Statistics of China, the country's major economic indexes have been in the expansion zone...

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