Macro

European Markets Rally on Hopes of US-Iran Peace Talks

European stock markets rally to one-month highs on renewed hopes for US-Iran peace talks, while oil prices decline amid diplomatic signals.

United Airlines CEO Explores Merger with American Airlines, Igniting Antitrust Alarms

United Airlines CEO Scott Kirby reportedly proposed a merger with American Airlines, sparking significant antitrust concerns and warnings of negative impacts on consumers.

Taylor Swift Dominates 2026 American Music Awards Nominations with Eight Nods

Taylor Swift leads the 2026 American Music Awards nominations with eight nods, followed by Morgan Wallen, Olivia Dean, Sabrina Carpenter, and SOMBR. The event will be hosted by Queen Latifah and air live on Memorial Day.

China’s YMTC Aims to More Than Double Chip Production Amid US Trade Tensions

Chinese chipmaker YMTC plans to build two new factories, aiming to more than double its wafer production capacity amid escalating US-China trade tensions and a push for domestic semiconductor technology.

Renault Slashes Engineering Workforce Amidst Rising Chinese Competition

Renault plans to cut 15-20% of its global engineering staff over the next two years to boost agility and compete with rising Chinese automakers.

Multinational Executives in Shanghai Optimistic About China’s Role in Global Business

Senior executives of multinational corporations based in Shanghai share an optimistic outlook on the world's second-largest economy and believe that the China market will...

Top State Assets Regulator Targets Higher Profit Growth for Central SOEs Above National GDP

In a news conference held in Beijing on Thursday, Zhang Yuzhuo, chairman of the State-owned Assets Supervision and Administration Commission (SASAC) of the State...

Industry leaders urged to empower specialized SMEs with technology and talent

According to experts, more policy support is anticipated to expand financing channels for small and medium-sized enterprises (SMEs) that specialize in niche industries with...

Beijing-Tianjin-Hebei GDP Reaches $1.46 Trillion, Showing Coordinated High-Quality Development

China's Beijing-Tianjin-Hebei region, a major economic zone, recorded a combined GDP of 10 trillion yuan ($1.46 trillion) in 2022, which is 1.8 times the...

Xinjiang’s Urumqi International Land Port Area Set to Boost Trade with Europe and Central Asia in 2023

The Urumqi International Land Port Area is set to unleash its potential further this year, according to local officials in the Xinjiang Uygur autonomous...

Chinese Political Adviser and Railway Researcher, Zhang Geming, Aims to Boost Technological Innovation in Rail Transport

Railway expert and political adviser, Zhang Geming, has been hailed for his outstanding contributions to promoting the high-quality development of China's railway system. A...

Devialet to increase investment in China with additional brick-and-mortar stores in second-tier cities

Devialet, the French audio technology company, is increasing its investment in China with plans to open more brick-and-mortar stores in second-tier cities in an...

Foreign investment in China surges to $19.02 billion in January

The Chinese economy continues to attract significant amounts of foreign capital, with the actual use of foreign capital on the Chinese mainland hitting 127.69...

China’s Cross-Border E-commerce Market Reaches Trillion-Dollar Scale, Encourages New Brands

The growth of cross-border e-commerce has become an increasingly important aspect of China's foreign trade and economic growth, particularly as the country recovers from...

East China Unveils Measures to Boost Inbound Tourism After Cross-Border Travel Resumes

Provinces in East China are gearing up their efforts to welcome back inbound tourists with open arms, following the resumption of normal cross-border travel....

Inner Mongolia commerce department leads business mission to the Middle East

A wave of Inner Mongolian enterprises is set to make their way to the United Arab Emirates (UAE) and Saudi Arabia in search of...

China’s Hubei Province Hosts Nearly 2,500 Job Fairs for 856,000 Job Openings

As China's economy bounces back, job seekers are flooding to the job fairs in Hubei province, a major industrial province. The "Spring Breeze" event,...

China’s Petrochemical Industry Sees 14.4% YoY Revenue Growth in 2022 Despite Profit Dip

China's petrochemical industry experienced mixed fortunes in 2022, with revenue rising significantly but profits declining, according to the China Petroleum and Chemical Industry Federation...

China and Central Asia Strengthen Industrial and Investment Cooperation

China and the five Central Asian countries -- Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan -- share a broad space for industrial and investment cooperation,...

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