China and Africa Strengthen Economic Ties with Record-Breaking Trade Growth
China and African nations boost trade to $1.19 trillion in first seven months, marking continued growth and deeper economic ties.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
Xinjiang Boosts Cross-Border Trade with New TIR Assembly Center in Urumqi
Xinjiang opens a new TIR assembly center in Urumqi, enhancing cross-border logistics and boosting the region’s foreign trade.
Moscow Exchange Temporarily Halts Trading Amid Unspecified Pause
The Moscow Exchange has suspended trading since Wednesday evening without providing specific reasons. Investors await further updates on the resumption time.
US Consumer Inflation Hits Lowest Annual Rise Since 2021
US consumer inflation eased to 2.9% in July, the smallest annual rise since March 2021, signaling positive progress for the Federal Reserve.
Rio Tinto CEO Celebrates Successful Cooperation with Chinese Mainland
Rio Tinto’s CEO Simon Trott highlights the company’s successful partnerships with the Chinese mainland, leading to excellent business returns.
Russia Extends Gasoline Export Ban Until End of 2024
Russia extends its temporary ban on gasoline exports until the end of 2024 to stabilize the market amid rising seasonal demand and scheduled refinery repairs.
China’s July Financial Data Reveals Shift Towards High-Quality Growth
China’s July financial data remains stable, highlighting a strategic shift towards high-quality economic development as yuan-denominated loans rise by $1.89 trillion.
CGTN Survey: Over 87% Criticize EU’s Protectionist Policies on Chinese EVs
Over 87% of survey respondents criticize the EU’s protectionist measures on Chinese electric vehicles, highlighting the negative impact on global trade and cooperation, according to CGTN.
China Projects Record 700 Million Air Passenger Trips in 2024
China is set to record 700 million air passenger trips in 2024, marking significant growth in its civil aviation sector and enhancing global connectivity.
U.S. Experts and Trade Groups Voice Concerns Over New Tariffs on China
U.S. economists and trade groups express concern that new tariffs on China could harm American businesses and consumers, potentially escalating geopolitical tensions and hindering economic growth.