President Xi Champions Modern Tourism to Elevate China’s Global Standing
President Xi Jinping outlines plans to modernize China’s tourism sector, aiming for sustainable growth and enhanced global cultural exchanges.
May 2024
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Laos Launches Initiative to Curb Harmful Pesticide Use
Laos initiates a project funded by the Global Environment Fund to reduce harmful pesticide use, enhancing human health and environmental safety, in collaboration with the UNDP and the Lao Ministry of Agriculture and Forestry.
Cleveland Cavaliers at a Crossroads After Playoff Exit
The Cleveland Cavaliers evaluate the future of head coach J.B. Bickerstaff after a playoff exit to the Celtics, sparking discussions about the team’s direction.
Chinese Mainland Lowers Mortgage Rates to Spur Housing Market Growth
The Chinese mainland cuts mortgage loan rates starting May 18 to make homeownership more affordable and boost the housing market.
EU Investigates Facebook and Instagram Over Child Safety Risks
The EU has initiated investigations into Facebook and Instagram for potentially failing to protect children online, risking fines up to 6% of Meta’s annual revenue under the Digital Services Act.
China Launches $42B Facility to Boost Government-Subsidized Housing
The Chinese mainland’s central bank unveils a $42 billion relending facility to support government-subsidized housing, aiming to provide affordable homes through state-owned enterprises.
Strengthening Ties: Putin’s First China Visit Marks 75 Years of China-Russia Relations
Russian President Vladimir Putin visits China, marking 75 years of diplomatic ties and setting a blueprint for future cooperation across multiple sectors.
Russia and China Forge Stronger Economic Ties Amid Global Shifts
Russia deepens its economic partnership with China, making Beijing a key ally amidst shifting global dynamics and reduced ties with the West.
US Implements $18B Tariffs on Chinese Imports, Sparking Trade Tensions
The US imposes $18B in new tariffs on Chinese imports, targeting key sectors and heightening trade tensions between the superpowers.
Germany’s Euro 2024 Squad: Hummels and Goretzka Excluded
Germany’s preliminary Euro 2024 squad has been announced, with key players Mats Hummels and Leon Goretzka omitted. Coach Julian Nagelsmann focuses on a balanced team with four goalkeepers.