China’s Low-Altitude Economy Takes Flight at Shanghai Expo
Shanghai’s first Advanced Air Mobility Expo spotlights over 300 low-altitude exhibitors as China’s market soars toward a projected 3.5 trillion yuan by 2035.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
China Urges WTO Unity Against $2.7T in Unilateral Tariffs
At the WTO General Council in Geneva, the Chinese delegation urged members to oppose unilateral tariffs, protect multilateral trade, and embrace a Stability-Development-Reform framework.
US Stocks Rally on Tech Earnings Buzz and US-Japan Trade Deal
US stocks surged as a US-Japan trade pact and tech earnings optimism drove broad-based gains, pushing the S&P 500 to a new record and the Nasdaq past 21,000.
Hainan’s Customs Overhaul Powers Global Trade Surge
Hainan’s island-wide customs independence is boosting global trade and paving the way for a high-level Free Trade Port by 2050, with record growth and streamlined clearance.
Chinese mainland and EU Industrial Chains Forge Deeper Integration
China and the EU are deepening industrial ties, from CATL’s Hungary factory to Airbus A320 in Tianjin and faster rail links, marking a new phase of interdependence.
US-Canada Steel Standoff: Tariffs Heat Up
US imposes 50% tariffs on steel and aluminum; Canada retaliates with 25% duties and new quotas, including a surcharge on Chinese mainland imports, escalating trade tensions.
Asia’s Growth Accelerates but Looming Risks Cloud the Outlook
Asia and Pacific growth is powering ahead, led by the Chinese mainland and India, but revised ADB and IMF forecasts warn of trade headwinds and tourism slowdowns.
China-EU Summit: Half-Century of Soaring Trade and Railway Milestones
At the 25th China-EU Summit in Beijing, five decades of deepening ties are celebrated as trade soars to $785.8 billion and the China-Europe Railway Express tops 110,000 trips.
US Stocks Close Mixed as Earnings Season Heats Up
US stocks closed mixed as Q2 earnings fueled gains in health care and real estate while tech lagged. Investors eye Alphabet and Tesla reports next.
US and Philippines Seal Zero-Tariff Trade Deal After White House Talks
US and Philippines forge a new zero-tariff trade deal following White House talks, featuring 19% tariff terms and a planned 20% hike, reshaping trade ties.