China Bans 10 US Companies, Including Lockheed Martin, for Taiwan Arms Sales
China’s Ministry of Commerce bans 10 US companies, including Lockheed Martin, for selling arms to the Taiwan region, restricting their operations and investments in China.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
China’s New Year 2025: Tourism and Spending Soar
China’s 2025 New Year holiday boosts economy with significant increases in tourism, consumer spending, and a record-breaking box office.
China-ASEAN Partnership Drives Regional Economic Growth
China and ASEAN have built a robust partnership over three decades, exceeding $100 billion in bilateral trade and developing key infrastructure projects that drive regional and global economic growth.
China’s New Energy Law Paves Way for Green Transition and Global Leadership
China’s inaugural energy law, effective January 2025, sets a robust framework for green transition and positions the nation as a leader in global energy governance.
The Chinese Mainland Adds 28 U.S. Firms to Export Control List
The Chinese mainland has added 28 U.S. entities, including General Dynamics and Boeing Defense, to its export control list to protect national security and meet international obligations.
China’s Railways to Handle 11.5 Million Trips on New Year’s Day
China’s railway network anticipates handling 11.5 million passenger trips on New Year’s Day, ensuring efficient travel for millions during the Spring Festival travel rush.
China Unveils Flexible Retirement Measures to Adapt Aging Workforce
China introduces interim measures for a flexible retirement system, gradually raising retirement ages and adjusting pension contribution requirements to address an aging workforce.
US Protectionism Sparks Concerns for Global Economy, Says Expert
Professor Carl Fey highlights US protectionist policies as a major threat to the future of the global economy amidst China’s push for free trade.
China’s Box Office Soars to $5.91 Billion in 2024
China’s box office hits a new high of 42.5 billion yuan in 2024, driven by domestic films and expanded cinema screens nationwide.
China’s 2025 Spring Festival Travel Rush Set to Break Records with 9 Billion Trips
China’s 2025 Spring Festival travel rush, known as Chunyun, is set to reach a record 9 billion trips, a 7% increase from last year, with extensive measures in place to ensure smooth and safe travel.