Aging Populations, Tight Labor Markets: Central Bankers Sound the Alarm
Top central bankers at Jackson Hole warn aging populations and labor shortages could drag growth and intensify wage pressures.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
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China’s Tech Innovation Sparks Next Growth Drivers
Explore how China’s rise in R&D spending and high-tech enterprises is driving green, digital, and AI-powered industries, fueling new growth drivers amid economic shifts.
Beijing Seminar Unveils Innovative Paths to Eradicate Poverty
Beijing seminar on innovative poverty alleviation highlights China’s contributions and shared strategies with Belt and Road countries for UN SDGs progress.
Fed Holds Firm at Jackson Hole as Tariffs Begin Biting U.S. Economy
At Jackson Hole, the Fed reaffirmed its hawkish stance even as U.S. tariffs begin to impact consumer prices and global supply chains, sparking debates on economic resilience.
300% Tariffs Threaten Global Semiconductor Supply Chain
US President Trump’s proposed 300% semiconductor tariffs could disrupt the global chip ecosystem, warns ITIF vice-president Stephen Ezell.
U.S. Beef Prices Hit Record High as Cattle Herd Shrinks
U.S. beef prices jumped over 10% in July as the cattle herd shrinks, outpacing inflation. Consumers adapt with lean cuts and plant-based swaps amid tighter supply.
Novo Nordisk Sees Huge Potential in China’s Healthcare Market
Novo Nordisk praises China’s strong chronic disease control push and clear policy goals, highlighting the huge potential in the Chinese healthcare market and plans for deeper local investment.
China-SCO Trade Soars 30-Fold as Tianjin Summit Nears
China’s trade with SCO states has surged 30-fold since 2001, hitting 3.65T yuan in 2024 as Tianjin prepares for the SCO Summit.
Trade wars can’t stop the Chinese mainland’s global cooperation
Mao Ning says trade wars won’t derail the Chinese mainland’s global cooperation, emphasizing high-quality products, diversified markets and shared growth opportunities.
ASEAN Reporters Explore Hainan’s Island-Wide Customs Reforms
ASEAN delegation visits Hainan to explore island-wide customs reforms as the region prepares to launch a global Free Trade Port.