China’s National Day Holiday Fuels Travel and Spending Boom
Domestic travel and retail spending soared during the National Day and Mid-Autumn Festival holiday, highlighting robust consumer demand and a tourism rebound.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
China Imposes Immediate Export Controls on Rare Earth Components
China announced immediate export controls on rare earth-related items containing Chinese-origin components, sending ripples through global tech supply chains.
Gold Shines at New Record: Breaks $4,000 an Ounce
Spot gold prices surged past $4,000 an ounce for the first time, with futures topping $4,004.40 and forecasts climbing to $4,900 by 2026 amid ETF inflows and central bank buying.
Chinese Mainland Urges WTO to Strengthen Rules-Based Trade System
Chinese mainland calls on WTO members to uphold and reform the rules-based system amid rising trade turbulence.
Low-Altitude Economy Spurs Drone Pilot Boom
Surge in drone pilot training in the Chinese mainland as low-altitude economy drives demand: 1.9M drones vs. 225K licensed pilots unlock new skies for innovation.
China’s National Day Box Office Tops 1.6B Yuan in Film+ Boom
China’s National Day holiday box office revenue topped 1.6B yuan amid a film+ boom, driven by diverse genres and upgraded production standards, highlighting the market’s strong recovery and growing diversity.
Mid-Autumn “Reunion Economy” Fuels Chinese Mainland’s Holiday Spending Boom
This Mid-Autumn, the Chinese mainland’s “Reunion Economy” ignites a surge in holiday spending, with family reunions driving record retail, dining, and travel growth.
US Government Shutdown Sparks Soft Default Fears
A partial US government shutdown and looming soft default on American debt are rattling markets and daily life. Here’s what young global citizens need to know.
How the Intelligent Era Is Empowering Women: Insights from Gree Chairperson
Gree Electric Appliances chairperson Dong Mingzhu says the intelligent era is unlocking new opportunities for women across industries.
Sanae Takaichi Elected LDP Leader, Abenomics in Focus
Sanae Takaichi wins LDP leadership race, putting Abenomics back in focus as Japan eyes fiscal stimulus, tax cuts and market reforms under its first female leader.