May Day Travel Boom: Chinese Mainland Hits 1.42B Trips
Chinese mainland May Day travel hits 1.42B trips and 2.15M daily border crossings—signs of a tourism rebound.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
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Former Serbian FM Labels US Tariffs an “Act of Deception”
Serbian ex‑FM Ivan Mrkić calls US tariffs an “act of deception,” warning of supply‑chain strains and urging G20 and WTO members to seek multilateral solutions.
U.S., Ukraine Sign Landmark Mineral Investment Pact
The United States and Ukraine formalized a mineral investment agreement, granting U.S. firms preferential access to Ukraine’s mineral markets and reshaping global supply chains.
US GDP Contracts 0.3% in Q1 as Tariffs Fuel Recession Fears
US GDP shrinks 0.3% in Q1 amid rising tariffs, record export drag and slowing consumer and government spending, as recession fears take hold.
U.S. and Ukraine Seal Minerals Deal to Boost Reconstruction
U.S. and Ukraine sign a landmark minerals deal to fund reconstruction and strengthen economic ties after months of negotiations.
Tesla Board Kicks Off CEO Search Amid Musk’s White House Focus
Tesla’s board has discreetly started a formal CEO search amid stock dips and a 71% profit slide. Here’s what we know about the hunt to succeed Musk.
BRICS Ministers Rally for Fair Trade and Multilateralism in Rio
BRICS foreign ministers met in Rio to back a rules-based trading system, call out protectionism and push WTO reform for inclusive growth and a fairer global order.
China’s Private Sector Promotion Law: 6 Game-Changing Measures
China’s new Private Sector Promotion Law takes effect May 20, 2025. It ensures fair competition, boosts financing, spurs innovation, and legally protects private enterprises.
Irish Councilor Urges US to Rethink Tariffs and Embrace Free Trade
Jack White, a Cork County Councilor, warns US tariffs could hinder free trade, urging the administration to reconsider and maintain open markets.
China Adopts New Private Sector Promotion Law to Level the Playing Field
China’s new private sector promotion law aims to level the playing field, boost quality growth, and unlock opportunities for 57 million private enterprises.