WTO Report: AI Could Boost Global Trade by 37% by 2040
WTO’s World Trade Report 2025 forecasts AI could drive a 34% to 37% rise in global trade and a 12% to 13% GDP boost by 2040, with digitally deliverable services leading the surge.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
Gen-Z Village Chief Zhang Guifang Revives Hometown as Rainbow Village
Gen-Z village chief Zhang Guifang has spent five years transforming her hometown into Rainbow Village with basketball courts, a cinema, livestreamed produce, and a free restaurant for seniors.
Xinjiang’s Tourism Boom: From 88 Visitors to 300M Trips
From just 88 visitors in 1978 to over 300 million trips in 2024, Xinjiang’s tourism journey weaves stories of modernization, culture, and sustainability.
China’s Economy Remains on Track in August with High-Tech and Service Boost
August data shows China’s industrial value added rose 5.2% year-on-year, led by high-tech gains, while service sector growth hit 5.6%, keeping the economy on a steady path.
China-US Trade Talks Resume in Madrid Amid Hopes for Tariff Relief
Chinese mainland and US delegations met in Madrid for talks on tariffs and trade after previous rounds in Geneva, London, and Stockholm, aiming to build on recent positive results.
From Desert to Granary: Inside Xinjiang’s Agricultural Transformation
Explore how Xinjiang Uygur Autonomous Region transformed desert into a global granary, driving cotton output to one-sixth of the world’s total through tech-driven farming.
Deadline for TikTok Sale Hangs on Today’s Talks, Says Treasury Secretary
U.S. Treasury Secretary Scott Bessent says the decision to extend TikTok’s U.S. sale deadline hinges on today’s talks, keeping global watchers on edge.
August Snapshot: China’s Economy Holds Steady with 3.4% Retail Growth
In August, China’s economy stayed stable with retail sales up 3.4% and industrial output up 5.2% year-on-year, according to National Bureau of Statistics data.
Anwar Ibrahim on Xi’s Global Governance Initiative and Malaysia’s China Ties
PM Anwar Ibrahim lauds Xi’s Global Governance Initiative and outlines Malaysia’s economic strategy including AI, advanced manufacturing, green energy and the East Coast Rail Link.
SMEs Struggle as US Tariffs Drive Up Costs and Cut Shipments
New survey reveals US tariffs have driven costs up 20%+ for nearly half of SMEs, slashed shipments, and may push hundreds of thousands into poverty.