Middle Eastern Nations Embrace ‘Looking East’ Strategy for Growth
Middle Eastern countries are shifting their focus eastward, strengthening ties with China, Russia, and India to foster political reconciliation and economic growth.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
US Anticipates First Interest Rate Cut Since March 2022
Americans brace for a potential interest rate cut by the Federal Reserve in September, marking the first since March 2022.
China’s Ministry Criticizes U.S. WTO Compliance
China’s Ministry of Commerce criticizes the U.S. for violating WTO rules through tariffs and unilateral sanctions, urging a return to fair trade practices.
CIFTIS 2024: The Chinese Mainland’s Services Market Offers Global Opportunities
The 2024 China International Fair for Trade in Services (CIFTIS) opens in Beijing, highlighting global opportunities and innovations in the services market.
China to Grant Zero-Tariff Status on All Products from Least Developed Countries
China will extend zero-tariff treatment to 100% of tariff lines from all least developed countries starting December 1, 2024, to boost global development and strengthen international trade relations.
Chinese Commerce Minister Wang Wentao Visits Europe for EV Tariff Talks
Chinese Commerce Minister Wang Wentao visits Europe on September 19 to discuss EU’s EV tariff measures, aiming to resolve trade tensions and boost cross-border electric vehicle trade.
China Celebrates Decade of CIFTIS with Plans for Global Service Trade Growth
Chinese President Xi Jinping congratulates the 2024 CIFTIS on its 10th anniversary, highlighting China’s commitment to high-quality service trade and global economic growth.
Chinese Premier Li Qiang Urges Saudi Firms to Boost Investments in China
Chinese Premier Li Qiang urges Saudi companies to deepen their investments in China, focusing on traditional sectors and emerging industries to strengthen bilateral ties.
China-Middle East Trade Corridor Rapidly Expands, Says StanChart
The China-Middle East trade corridor is rapidly expanding, with China becoming the GCC’s largest trading partner and boosting infrastructure in the region, says StanChart’s Ben Hung.
Raising Retirement Age in the Chinese Mainland Won’t Impact Employment, Says Think Tank
A think tank asserts that raising the retirement age in the Chinese mainland will not impact employment rates, highlighting economic growth as the key factor.