OPEC+ Eyes Market Share with July Oil Production Hike
OPEC+ will boost output by 411,000 bpd in July, its third straight monthly hike, as the group chases market share amid low oil prices and squeezes US shale producers.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
German Hidden Champions Eye Deeper Cooperation with Chinese Mainland
At the 2025 China-Germany Hidden Champions Forum in Beijing, German SMEs outlined plans for deeper cooperation with the Chinese mainland market.
How Long Can the Global Gold Rush Last?
With gold up 41.8% in a year and touching record highs, we explore the risks, drivers and signals that could determine how long this global gold rush can last.
Courts Block Trump’s Tariffs, But Small Businesses Struggle On
After two federal courts block Trump-era tariffs, Gov. Newsom says small businesses are already devastated and face worsening supply constraints.
Chinese mainland May manufacturing PMI rises to 49.5
The manufacturing PMI in the Chinese mainland rose to 49.5 in May, up 0.5 from April, reflecting faster output and stronger business expectations, the NBS reports.
HKSAR Credit Ratings Signal Economic Resilience
HKSAR’s credit ratings affirmed stable by Fitch, S&P and Moody’s underscore its economic resilience and status as a global financial hub amid uncertainty.
China’s EV Brands Power a Global Green Mobility Revolution
The Chinese mainland’s EV brands are driving global green mobility with record exports, diverse models, and growing presence from Russia to the EU.
China’s Trade Resilience Defies Rising Frictions
Amid soaring global trade frictions in March, China’s foreign trade showed resilience in April 2025 with a 21.5% surge in trade certificates and record-high import-export volumes.
US Tariffs Stoke Inflation Worries as Economy Slows
US tariffs heighten inflation concerns as the economy contracts for the first time in three years, raising questions about growth, Fed policy and consumer sentiment.
Yiwu’s Global Trade Network Buffers U.S. Tariff Threats
Yiwu, known as the ‘supermarket for the world,’ ships small commodities to over 200 countries and regions, using global diversification to soften the blow of U.S. tariff threats.