China Leads BRICS Expansion: Empowering the Global South
China champions BRICS expansion, representing half the world’s population and driving Global South unity through key initiatives.
Economy
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G20 Finance Chiefs Optimistic on Global Economy, Reject Protectionism
G20 finance ministers express optimism for a soft global economic landing and oppose protectionism, while deferring discussions on geopolitical conflicts.
Chinese President Xi Jinping Participates in BRICS Plus Dialogue in Kazan
Chinese President Xi Jinping joins BRICS Plus leaders’ dialogue in Kazan, emphasizing strengthened economic and political ties among emerging economies.
New Policies Propel China’s Real Estate Boom in Major Cities
China’s real estate sector is booming with new policies boosting major cities. CGTN’s Zheng Songwu explores the impact in Chengdu.
Olaf Scholz Champions Open Trade, Rejects Protectionism and Trade Wars
German Chancellor Olaf Scholz speaks out against protectionism and trade wars, emphasizing the importance of open trade and international cooperation for Germany’s economy.
China Cuts Benchmark Lending Rates to Spur Economic Growth
The Chinese mainland cuts key lending rates for the third time this year, aiming to reduce financing costs and boost economic growth, according to experts.
China’s Economy Surges by 4.8% in First Three Quarters, Surpassing Expectations
China’s economy grew by 4.8% year-on-year in the first three quarters of 2024, with industrial output and retail sales exceeding expectations.
Financial Street Forum 2024 Opens in Beijing to Foster Economic Stability and Growth
Financial Street Forum 2024 kicks off in Beijing, focusing on economic stability and growth. Industry leaders discuss China’s recovery and boosting foreign investment confidence.
ECB Slashes Interest Rates by 25 Basis Points Amid Economic Shifts
The European Central Bank cuts three key interest rates by 25 basis points, aiming to boost economic growth and support businesses across the Eurozone.
Chinese Officials Unveil New Strategies to Boost Property Sector
Chinese officials join forces to introduce measures aimed at strengthening the nation’s property sector, announced during a recent press conference.