Austrian Heiress Pledges to Donate 90% of $27M Inheritance
Austrian heiress Marlene Engelhorn plans to donate 90% of her $27.3 million inheritance through the Guter Rat project, engaging 10,000 Austrians in the decision-making process.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
Yiwu Prepares for 2024 Paris Olympics with Surge in Olympic Merchandise
Yiwu City in east China is gearing up for the 2024 Paris Olympics with a surge in demand for Olympic-themed products, reinforcing its status as the ‘capital of small commodities.’
Foreign Businesses Growing Optimistic About Chinese Mainland Market, Survey Finds
A survey of over 600 foreign-funded companies reveals growing optimism in the Chinese mainland market, with more than 70% anticipating positive developments in the next five years.
Auto China 2024 Showcases Surge in Electric Vehicles and Tech Innovations
Auto China 2024 highlights a major shift towards electric vehicles and tech innovations, featuring 117 new models and Xiaomi’s entry into the car industry with the SU7 sedan.
ADB 2024 Meeting in Tbilisi Puts Climate at the Forefront
The Asian Development Bank’s 2024 annual meeting in Tbilisi focuses on climate issues and sustainable development for Asia and the Pacific.
China Sees 130% Surge in Inbound Tourism this Labor Day
China welcomes a 130% increase in inbound tourism this Labor Day, thanks to improved payment systems and a new visa-free policy.
Lightweight Camping Takes Off Among Young Chinese Adventurers
Lightweight camping is gaining traction in China as young enthusiasts seek to enjoy nature with minimal gear, prioritizing convenience and sustainability.
Labor Day Travel Boom: Lesser-Known Chinese Destinations Soar in Popularity
China’s tourism sector sees a surge in lesser-known destinations like Tianshui and Jinhua on Labor Day, with significant increases in travel bookings.
China’s Q1 Economy Surges with 5.3% Growth, Signals Robust Recovery
China’s economy shows a strong recovery in Q1 with a 5.3% GDP growth, driven by industrial expansion, high-tech investments, and robust consumer confidence.
Foreign Investors’ Confidence in Chinese Mainland Soars in Q1
A recent CCPIT survey shows a significant rise in confidence among foreign investors in the Chinese mainland during Q1, with over 70% bullish on market prospects.