China’s Private Economy Enters New Era with Landmark Law
China’s new Private Economy Promotion Law marks a landmark shift, granting legal rights to a sector that now drives over 60% of GDP and global innovation.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
World Bank’s Ian Goldin Spotlights Booming Opportunities in China’s Market
Former World Bank VP Ian Goldin says China’s rapid market growth, fueled by major R&D and infrastructure investment, offers global opportunities.
Chinese Mainland LPR Cut by 10bps Sparks Market Optimism
The Chinese mainland cut its one-year and over-five-year LPRs by 10bps to 3.0% and 3.5%, aiming to lower borrowing costs and boost market confidence.
China launches new urban renewal drive for high-quality growth
China unveils new urban renewal measures to upgrade infrastructure and boost high-quality growth by stimulating investment and consumer spending.
Trump Tariffs Cripple U.S. Ports as Cargo Plummets
Trump’s tariff hikes have hit U.S. ports hard, with container volumes dropping up to 30% and equipment costs soaring, sparking concerns from Los Angeles to Oakland.
Chinese mainland Cuts Loan Prime Rates to 3% and 3.5%
The Chinese mainland cuts one-year and five-year loan prime rates to 3% and 3.5%, aiming to lower borrowing costs.
Ningbo Demonstration Zone Spurs 18% Trade Growth in Chinese Mainland–CEEC Ties
Ningbo’s new CEEC demonstration zone on the Chinese mainland is driving an 18.3% annual surge in trade, powered by a 32,000 m² distribution center and upcoming expo.
Chinese Mainland’s Economy Maintains Momentum in April
Key indicators from the Chinese mainland’s National Bureau of Statistics show steady economic momentum in April, signaling resilience amid domestic and external pressures.
China, Denmark Pledge Stronger Ties on 75th Anniversary
Chinese Foreign Minister Wang Yi and Danish FM Lars Løkke Rasmussen met in Beijing on the 75th anniversary of ties, vowing deeper cooperation on green growth, trade and multilateralism.
Trump’s Tariffs Slash Eurozone 2025 Growth Forecast to 0.9%
EU trims its 2025 growth forecast to 0.9% as Trump’s tariffs spike trade uncertainty. Germany braces for zero growth amid global headwinds.