Duma Boko Takes Office as Botswana’s 6th President, Vows Economic Diversification
Duma Boko is officially sworn in as Botswana’s 6th president, pledging immediate action to diversify the nation’s economy beyond diamond reliance.
Economy
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Chinese Mainland Lifts All Restrictions on Foreign Manufacturing Investments
Starting November 1, the Chinese mainland will remove all restrictions on foreign investment in its manufacturing sector, aiming to foster global partnerships and boost economic growth.
China Launches November Events and Policies to Spark Consumer Spending
China is set to boost consumer spending with new policies and city-wide events launching this November in major cities like Shanghai and Beijing.
China Unveils Massive Self-Built Tunnel Boring Machine to Transform Yangtze River Infrastructure
China rolls out its largest self-developed tunnel boring machine, set to revolutionize infrastructure projects beneath the Yangtze River and boost regional connectivity.
ABB Group Reaffirms Commitment with $1 Billion Investment in Chinese Mainland
ABB Group continues its strong presence in the Chinese mainland with a $1 billion investment, amid a surge of over 42,000 new foreign-invested enterprises in 2024.
AI’s Double-Edged Sword: Experts Sound Alarm at 2024 WLA Forum
Top scientists at the 2024 World Laureates Forum in Shanghai highlight AI’s transformative potential and the need for responsible development to mitigate risks.
China, U.S. Hold Sixth Economic Talks to Tackle Global Challenges
China and the U.S. held their sixth economic working group meeting in Washington, discussing macroeconomic policies and global challenges, including cooperation for low-income countries.
Chinese Premier Li Qiang Unveils New Policies to Drive Economic Growth and Ice Sports
Chinese Premier Li Qiang held a State Council meeting to discuss new economic policies aimed at achieving growth targets and promoting the ice and snow sports industry.
Chinese Mainland Banks Cut Mortgage Rates to Support Real Estate
Major banks in the Chinese mainland have reduced existing mortgage rates by an average of 50 basis points, following the central bank’s rate cut to support the real estate sector.
China’s Tennis Boom Ignites $5.16B Market and Future Growth
China’s tennis scene is booming post-Paris Olympics, with participation expected to hit 23.81 million in 2024 and the industry valued at $5.16 billion.