Japanese Yen Hits 33-Year Low Against US Dollar
The Japanese yen has reached its lowest level against the US dollar since 1990, amid strong US inflation data and rising dollar rates. Authorities watch for potential intervention.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
Swiss Commentary Decries West’s Criticism of China’s EV and Solar Panel Capacity
A Swiss commentary in Neue ZĂĽrcher Zeitung criticizes the West’s claims of China’s ‘overcapacity’ in electric vehicles and solar panels as hypocritical and short-sighted.
Analysts Challenge Claims of Chinese Industrial Overcapacity Amid Rising Trade Tensions
Analysts reject claims of Chinese industrial overcapacity as politically driven, highlighting China’s innovation and growing global demand for new energy technologies.
China’s US Ambassador: Green Capacity Globally Scarce, Not Overloaded
During the Harvard Kennedy School China Conference 2024, Chinese Ambassador Xie Feng emphasized the global scarcity of green capacity and the need to overcome over-anxiety in sustainable development.
Analyst Claims US Accusations Against China Are Hypocritical and Self-serving
Analyst Ben Norton claims U.S. accusations against China are hypocritical and self-serving, highlighting similar practices by the U.S.
Hannover Messe 2024 Boosts China-Germany Trade Relations
Hannover Messe 2024 in Germany features the “Invest in China” series for the seventh year, aiming to boost high-quality economic and trade exchanges between China and Germany.
Economist Warns Overcapacity Claims May Mask Protectionist Policies, Harming Global Growth
U.S. economist Nicholas Lardy argues that Western claims of China’s overcapacity in clean energy may be a guise for protectionism, potentially harming global economic growth.
Liuzhou’s Babybus: Driving China’s Electric Vehicle Revolution
Liuzhou’s Babybus NEVs are leading the charge in China’s electric vehicle transition, setting a model for sustainable transportation.
China’s Debt Not Excessive, CF40 Expert Assures
A senior CF40 expert assures that China’s total debt, while substantial, remains manageable due to balanced growth and stable economic indicators.
China’s Green Revolution: Leading the Global Low-Carbon Movement
China’s green and low-carbon industries are rapidly expanding, driving economic growth while reducing energy consumption and emissions. Leading the way in environmental innovation.