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...
China’s Commitment to Economic Liberalization Highlighted in Government Work Report
China is determined to continue its efforts to attract and utilize foreign investment, and this goal has been highlighted in the Government Work Report...
China to Intensify Efforts to Stabilize Foreign Trade Amidst Global Challenges
Chinese officials and experts have announced plans to ramp up efforts to stabilize foreign trade and improve trade structures to support the growth of...
China’s services sector shows strong growth in February
China's services sector activity continued to expand for a second consecutive month in February, indicating a rebound in the country's economy after the pandemic....
Chinese Spokesperson Says Hong Kong National Security Law Brings Stability and Improved Business Environment
The formulation and enactment of the Law on Safeguarding National Security in the Hong Kong Special Administrative Region is an important milestone in the...
Private Sector in Hong Kong SAR Expands at Fastest Pace Since May 2021, S&P Global Reports
According to a report released on Friday by S&P Global, the S&P Global Hong Kong SAR Purchasing Managers' Index registered 53.9 in February, up...
Hong Kong Welcomes First Large-Scale Mainland Tourism Inspection Group Since Pandemic Outbreak
Hong Kong Special Administrative Region has recently received its first large-scale tourism inspection group from the Chinese mainland since the outbreak of the COVID-19...
Chinese Manufacturing Sector Should Focus on Global Expansion and Cutting-Edge Technologies, Says TCL Founder
Li Dongsheng, the founder and chairman of Chinese consumer electronics maker TCL Technology Group Corp, has called on China's manufacturers to shift from exporting...
Beibu Gulf Port in China Bucks Container Throughput Trend with 15% YoY Increase in January
Beibu Gulf Port in South China's Guangxi Zhuang autonomous region has achieved a significant increase in container throughput in January, contrary to the trend...
Guangdong Implements New Measures to Support Local Enterprises and Boost Market Vitality
Guangdong province, a major economic powerhouse in southern China, announced on Thursday a series of new measures and policy updates aimed at boosting market...
Guangzhou named among cities approved by China’s Cabinet to build international consumption center cities
The city of Guangzhou, located in Guangdong province, is known as a key center for trade, manufacturing, and commerce in China. Recently, plans were...
Third annual China-UK Business Dialogue held in Guangzhou to promote bilateral trade and economic cooperation
Government officials, senior business executives, and representatives from China and the United Kingdom have expressed a strong desire to promote China-UK trade and economic...
China Defends Market Economy Development Against US Accusations
China's Ministry of Commerce has strongly opposed a recent report released by the office of the United States Trade Representative, claiming it has distorted...
China’s manufacturing and services sectors show widespread improvement in February
China's economic activity, spanning both the manufacturing and services sectors, expanded for the second consecutive month in February, providing the latest glimpse into the...
China’s Economic Growth Potential Continues to Expand with New High-Tech Projects Underway
Dozens of mechanical arms move along a production line while busy robots carrying components weave about in a science and technology park in North...
