China and Kazakhstan Set Sights on Ambitious Trade Expansion
China and Kazakhstan aim to boost trade, completing over half of their cooperation projects and expanding in sectors like energy and technology.
Economy
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US Inflation Slips Slightly, But Robust Job Growth Keeps Pressure High
US inflation shows minor improvement in April with CPI at 3.4%, but strong job growth and housing costs keep pressure on the Federal Reserve’s rate decisions.
UN Expert Urges Lifting of Sanctions Against China, Cites Legal Issues
A UN expert urges lifting unilateral sanctions against China, citing illegalities and severe socioeconomic and human rights impacts.
China Launches Ultra-Long-Term Treasury Bonds to Optimize Debt Structure
China has issued its first batch of ultra-long-term treasury bonds, with maturities up to 50 years, marking a significant step in optimizing its debt structure.
Panama’s President-elect Jose Raul Mulino Appoints New Foreign Minister
Panamaâs President-elect Jose Raul Mulino announces his new cabinet, including economist Javier Martinez-Acha as the new Foreign Minister.
France Secures Record $16B in Foreign Investments, Creating 10K Jobs
France announces a record $16 billion in foreign investments, with major companies like Amazon and GSK creating thousands of jobs, aiming to become a European hub for AI and tech innovation.
South Korea Unveils $7 Billion Boost for Semiconductor Sector
South Korea is set to invest over $7 billion in its semiconductor sector, aiming to dominate the global chip industry with comprehensive support for research, materials, and equipment makers.
Ex-Hungarian PM Praises BRI for Enhancing Global Trade
Former Hungarian PM Peter Medgyessy commends China’s Belt and Road Initiative for fostering mutual benefits and enhancing global trade cooperation.
Hangzhou Lifts Housing Purchase Limits to Stimulate Real Estate Market
Hangzhou removes new housing purchase restrictions, allowing non-city residents to apply for Hukou and access benefits. This move aligns with China’s 2024 strategy to innovate real estate development.
Chinese Commerce Ministry Condemns U.S. Restrictions on Huawei
China’s Ministry of Commerce labels the U.S. revocation of export licenses to Huawei as ‘economic coercion,’ citing violations of WTO rules and harm to U.S. businesses.