EU Tariffs on Chinese Electric Cars Heighten Trade Tensions
The EU’s imposition of tariffs on Chinese electric cars has escalated trade tensions, raising fears of a potential trade war and challenging economic cooperation between the two powers.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
China’s Forex Reserves Surge to $3.316 Trillion Amid Global Market Shifts
China’s foreign exchange reserves rose to $3.316 trillion in September, driven by strategic trade innovations and favorable global market trends.
China’s Railways Brace for Massive Return Trip Surge as Golden Week Concludes
China’s railways are set for a massive surge in return trips as the National Day Golden Week draws to a close, adding over 1,400 extra trains to meet high travel demand.
75 Years Strong: Celebrating China-DPRK Diplomatic Relations
This year marks the 75th anniversary of diplomatic relations between China and the DPRK, highlighting decades of economic, cultural, and political cooperation.
China’s Home Sales Surge During National Day Holiday Following Stimulus Boost
China’s home sales surged during the National Day holiday following a series of property stimulus measures aimed at revitalizing the real estate market.
EU’s 45% Tariffs on Chinese EVs Ignite Global Backlash
The EU’s decision to impose up to 45% tariffs on Chinese electric vehicles has sparked strong opposition from both Chinese mainland authorities and industry groups, raising concerns over global trade dynamics.
The Chinese Mainland’s National Day Box Office Surges Beyond 1.5 Billion Yuan
China’s National Day holiday box office earnings surpassed 1.5 billion yuan ($214 million) by October 5th, showcasing a strong performance in the entertainment sector during the festive period.
Mercedes-Benz CEO Slams EU’s Tariff Plans on Electric Vehicles from the Chinese Mainland
Mercedes-Benz CEO Ola Källenius criticizes the EU’s proposed tariffs on electric vehicles from the Chinese mainland, calling them a crude instrument and advocating for better solutions to maintain market access.
German Economy Minister Calls for Political Solutions Over Tariffs
German Economy Minister Robert Habeck urges for political solutions over tariffs at the Berlin Global Dialogue, advocating against escalating trade tensions.
Chinese Mainland’s Green Energy Transition Drives Sustainable Future
Celebrating 75 years, the Chinese mainland showcases its achievements in green energy with solar, wind, and hydropower driving sustainable development forward.