Surge in Chinese Mainland’s New Yuan Loans Hits 11.14 Trillion for Early 2024
Chinese mainland banks extended 11.14 trillion yuan in new loans in early 2024, reflecting economic growth needs and balanced credit allocation efforts.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
EU Slaps 38% Tariffs on Chinese Mainland EVs: Winners and Losers
The EU imposes up to 38% tariffs on Chinese mainland electric vehicles, raising concerns about trade relations and the impact on European consumers.
UN’s Guterres Warns Against Splitting into Rival Trade Blocs
UN Secretary-General Guterres warns that rising geopolitical rivalries are introducing trade barriers and urges the world to avoid splitting into rival trade blocs.
German Auto Industry Opposes EU Tariffs on Chinese EVs
The German automotive industry rejects the EU’s proposed tariffs on Chinese electric vehicles, citing ineffective trade conflict resolution.
BCECC Chair Warns: More Trade Barriers Could Set Europe Back
BCECC Chairman Bernard Dewitm warns that Europe’s move to impose more trade barriers could lead to economic regression and retaliatory tariffs from China and other nations.
China and New Zealand Celebrate a Decade of Strategic Partnership
Celebrating 10 years of comprehensive strategic partnership between China and New Zealand, highlighting significant cooperation and mutual growth.
EU’s 38% Tariffs on Chinese EVs May Harm Global Supply Chains
The EU plans to impose 38.1% tariffs on Chinese electric car imports, potentially disrupting global automotive supply chains and bilateral economic ties.
China Pushes Back Against Turkey’s New Tariffs on Chinese Cars
China strongly opposes Turkey’s new 40% tariffs on Chinese vehicles, calling the move discriminatory under WTO rules.
Boeing Investigates Fastener Issues in Undelivered 787 Dreamliners
Boeing is examining fasteners on some undelivered 787 Dreamliners after discovering installation issues during quality checks.
Young Chinese Psychologists Boost AI Development with Human-Centric Training
Young psychological trainers in Beijing’s Zhongguancun are enhancing AI by making large language models more human-friendly and child-centric.