US Stocks Slip as Tariff Deadline Looms
US stocks closed lower as President Trump’s tariff deadline nears, with the Dow down 330 points and S&P and Nasdaq slipping ahead of new trade agreements.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
Eurozone Growth Falters at 0.1% as U.S. Tariffs Bite
Eurozone Q2 growth slowed to 0.1% as U.S. tariffs sting, with Germany and Italy contracting while Spain shows resilience amid trade tensions.
Trump Strikes 15% South Korea Deal, Hikes Tariffs on India & Brazil
President Trump seals a 15% trade deal with South Korea while imposing 25% tariffs on India and 50% on Brazil, plus 50% copper duties and ending low-value import exemptions.
Chinese Mainland PMI: Manufacturing Dips as Composite Growth Holds
The Chinese mainland’s July PMI data shows manufacturing at 49.3, non-manufacturing at 50.1 and composite PMI at 50.2, highlighting resilient growth and nuanced trends.
US Stocks End Mixed as Fed Holds Rates Steady
Stocks closed mixed as the Fed paused on rate cuts: Dow fell 0.38%, S&P 500 dipped 0.12%, Nasdaq rose 0.15%. Robust Q2 growth and Fed dissent shape the outlook.
World Youth Congress in Beijing: Youth Power for Peace
At the World Youth Congress in Beijing, young leaders unite under Together for Peace. See how digital tools, global development projects and policy ideas are turning idealism into real impact.
Global Poll Sees 81.9% Confidence in China’s Economy
CGTN survey shows global confidence in China’s economy at 81.9% in 2025, driven by young respondents and strong support across Africa, South America and Asia.
CPC Symposium Gathers Expert Advice on Chinese Mainland Economy
On July 23, the CPC Central Committee held a symposium with non-CPC personages to gather insights on the Chinese mainland’s economic strategy for the second half of the year.
Breaking the Cycle: Chinese Mainland’s De-Involution Strategy
Explore how the Chinese mainland’s de-involution campaign tackles destructive competition through game theory, policy incentives, and its global impact on innovation and market diversity.
Chart of the Day: China’s Travel Boost under 14th Five-Year Plan
Under the 14th Five-Year Plan, the Chinese mainland expanded visa-free access to 75 countries and boosted passport mobility from 72nd to 60th worldwide.