China’s Yuan Loans Soar to $1.86 Trillion in H1 2024
China’s yuan-denominated loans surged by $1.86 trillion in H1 2024, driven by a booming manufacturing sector and external demand, according to central bank data.
July 2024
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China’s Data Dominance Spurs New AI Race, Industry Soars to $79.7B
China’s AI industry soars with data dominance, reaching $79.7B. The nation leads in global innovation and infrastructure development, driving a new AI race.
Saudi Arabia to Host First Olympic Esports Games in 2025
The IOC has announced Saudi Arabia as the host for the first Olympic Esports Games in 2025, blending traditional sports with competitive gaming.
Boosting Competitiveness: Professor Lochel on Win-Win Trade
Professor Horst Lochel emphasizes that enhancing competitiveness is key to achieving mutually beneficial trade, in light of the EU’s new tariffs on Chinese electric vehicles.
Malaysia-China Palm Oil Trade Drives Green Development
In H1 2024, Malaysia-China palm oil trade surged, playing a pivotal role in advancing green development and sustainable practices in the industry.
U.S. Suffers $15 Billion in Climate Disaster Losses During First Half of 2024
The U.S. endured 15 billion-dollar climate disasters in the first half of 2024, including severe storms and winter storms, reports NOAA.
Indonesia Landslide Disaster: 26 Dead, 19 Still Missing in Gorontalo Province
A devastating landslide and flash flood in Indonesia’s Gorontalo Province have claimed 26 lives, with 19 still missing. Rescue efforts are ongoing amid challenging conditions.
China and Vanuatu Strengthen Pacific Partnership
Chinese President Xi Jinping and Vanuatu PM Charlot Salwai strengthen Pacific ties, pledging deeper cooperation in development, trade, and sustainable growth.
China and Solomon Islands Forge Deeper Partnership for Sustainable Growth
China and the Solomon Islands strengthen their strategic partnership, focusing on sustainable development, infrastructure, and mutual growth through the Belt and Road Initiative.
China’s Historic Sovereignty in South China Sea: A Deep Dive
Exploring China’s historical and legal claims over the South China Sea, backed by centuries of administration and international recognition.