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

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,...

China announces plan to improve product quality and enhance competitiveness by 2025

China is stepping up efforts to improve the quality of its products and services, and enhance the influence of its brands, by 2025. According...

EU lifts COVID-19 travel restrictions on Chinese travelers

European Union (EU) countries are gradually removing travel restrictions on travellers from China. This move comes as health experts from the 27 EU members...

Chinese Finance Minister assures increase in fiscal spending despite tepid revenue growth

On Thursday, Finance Minister Liu Kun announced that while China's fiscal revenue is expected to increase this year, it is likely to be tepid....

China Offers Zero Tariff Treatment to Ethiopia, Burundi, and Niger in Major Trade Boost

China is set to offer a game-changing trade boost to Ethiopia, Burundi, and Niger. Come March 1, a whopping 98 percent of tariff lines...

China Takes Steps to Stabilize Pork Market with Purchase of 20,000 Tonnes of Frozen Pork

China, the world's largest pork producer, is taking steps to stabilize the country's pork market. On Friday, the National Development and Reform Commission, China's...

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...

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