Macro
China’s Real Estate Dilemma: A Decade-Long Correction Ahead, Says Economist
China's real estate market is bracing for a protracted period of adjustment, with the surplus of unsold homes expected to take over a decade to resolve, says Hao Hong,...
Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial
Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...
Best Buy to Launch Ikea Mini-Showrooms in Select Stores
Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...
JPMorgan Chase Expands with 1,000 New Branches in Seven Years
JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...
Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales
Moderna announced plans to reduce its global workforce by about 10% by the end...
Chinese solar components continue to dominate global market
China has long been recognized as the world's leading manufacturer of solar products and continues to dominate the global solar supply chain, with at...
China and Iran’s Trade Relationship Continues to Thrive, with $15.8 Billion in Total Trade for 2022
China and Iran have been long-standing trade partners for over a decade, and that trend has continued into 2022. According to the Ministry of...
Chinese Ministry of Commerce Reiterates Significance of Economic and Trade Cooperation with the United States
On Thursday, the Chinese Ministry of Commerce reiterated the significance of economic and trade cooperation between China and the United States. The Ministry stated...
Rural Tourism on the Rise in Hainan, China, Boosting Local Economies and Job Growth
In China's southeastern Hainan province, rural tourism is on the rise. The region is known for its tropical fruits, stunning scenery, and refreshing sea...
China’s Machinery Industry Set for Steady Growth in 2023, Says Industry Federation
The machinery industry in China is expected to continue its steady growth trajectory, following a faster pace of recovery, according to the China Machinery...
China Nears Completion of First Domestically-Built Large Cruise Ship
China's first domestically-built large cruise ship is nearing completion, with over 91 percent of construction finished, according to the administration bureau of the bonded...
China Takes a Step Towards Tightening Oversight and Regulation of Financial Sector
China has issued a guideline for improving the oversight of finance and accounting activities in the country. The directive was jointly released by the...
China’s central bank strengthens financial support for key areas and weak links
The People's Bank of China (PBOC) has announced that it will take precise measures to strengthen financial support for key areas and weak links...
Strong Recovery Trend: China’s SMEs Show Improvement in January
Industrial data has shown that small and medium-sized enterprises (SMEs) in China experienced a surge in activity during January, indicating a steady recovery in...
Dalian: The Most Promising City for High-Quality Development in China’s Northeast Region”
The Chinese government has emphasized the importance of high-quality development as a primary task in building a modern socialist country. One city that exemplifies...
Experts Expect PBOC’s Accommodative Policy to Continue
China's monetary policy is expected to remain supportive of boosting consumer spending as inflationary pressures remain muted, experts said on Monday. The People's Bank...
Egyptian Economist Highlights China’s Critical Role in Overcoming Global Economic Challenges
Egyptian economist Karim Adel has said that China's proactive leadership in overcoming global economic challenges and achieving higher growth rates is vital for assisting...
Rural Vitalization Takes Center Stage in China’s No. 1 Central Document for 2023
China's "No. 1 central document" for 2023 was revealed on Monday, highlighting nine tasks to comprehensively promote rural vitalization. The document emphasizes the importance...
Consumption key to sound growth this year
Lately, Chinese financial markets have been making headlines for all the right reasons, showcasing a growing confidence in the sector and a sign of...
