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

U.S. Dollar & British Pound Dynamics: A Glimpse Ahead of Central Bank Decisions

On Wednesday, the U.S. dollar registered a marginal decline, coming on the eve of a crucial interest rate verdict by the U.S. Federal Reserve....

Swiss Gold Exports in August: An Exploration of Global Dynamics

Swiss Gold Exports Surge in August: An In-Depth Analysis Introduction On September 19th, the world awoke to the news that Swiss gold exports had risen by...

China’s Economic Future: The Intersection of Reform, Crisis, and Stagnation

A Decade of Aspiration: Chinese President Xi Jinping’s inaugural reform plans, outlined about a decade ago, were among his most audacious, setting the path for...

China’s Strategy: Balancing Mortgage Affordability with Banking Stability

In an anticipated move to enhance the affordability of mortgages and rejuvenate the housing market's demand, China's banks are expected to lower deposit rates....

U.S.-China Trade Evolution: Raimondo’s Visit and the Rise of Regionalization

U.S.-China Trade Dynamics: Commerce Secretary Gina Raimondo's Visit and the Shift Towards Regionalization In an era where global trade dynamics are undergoing significant shifts, U.S....

China-EU Partnership for Green Innovation and Development

China and Europe have immense potential for green cooperation, thanks to the compatibility of their green development concepts, according to a senior official. Shao...

Ganqmod Port sets new record in 2023 with over 10 million tons of trade with Mongolia

Ganqmod Port, the largest highway port between China and Mongolia, has reported that the trade volume between the two countries has exceeded 10 million...

China’s high-tech zones achieve double-digit growth in Q1 economic indicators

China's high-tech zones experienced significant growth during the first quarter of this year, with several key economic indicators showing double-digit increases. According to Shanghai...

International Declaration by Young Entrepreneurs to promote digital cooperation for emerging economies

A new declaration has been made by leading global young entrepreneurs, calling for stronger actions to boost cooperation in the digital economy to support...

China’s RCEP membership boosts trade value, CPTPP accession to further enhance integration

China's potential accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could bring tangible economic benefits to participating countries, according to experts...

Mild uptick in CPI and robust GDP growth indicate no deflation in China

Despite the slower pace of price growth in China since the beginning of the year, concerns over deflation in the country are unwarranted, as...

China’s Manufacturing Sector Utilization Rate Stands at 74.5% in Q1

China's industrial capacity utilization rate has fallen to 74.3% in the first quarter of 2023, marking a 1.5% decline compared to the same period...

IMF Experts: China’s Growth to Lift World Economy Amid Global Challenges

The International Monetary Fund (IMF) Resident Representative Office in China and the School of Finance of Nankai University recently held a forum in Tianjin...

Policy Bank in China Increases Support for Water Conservation Projects

China Development Bank (CDB), one of the country's policy banks, has announced its increased financial support for water conservancy projects across China. In the...

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