IMF Chief Economist Warns Trade Restrictions Will Backfire
IMF economist warns that trade-restrictive measures may distort trade and harm the very countries implementing them.
Economy
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China’s Aviation Manufacturing Soars: 60% Growth and Drone Dominance in 2023
China’s general aviation manufacturing industry surged by nearly 60% in 2023, delivering over 3.17 million civilian drones and boosting the sector’s output to $7.18 billion.
China Expresses Concerns Over US Trade Restrictions in Latest Economic Talks
At their fourth economic meeting, China voiced concerns about US trade restrictions and discussed global macroeconomic trends.
Ode to Joy or Decouple? Germany’s Critical Choice in China Relations
Germany faces a critical choice in its relationship with China: continue strong ties symbolized by “Ode to Joy” or pursue strategic decoupling amid rising geopolitical tensions.
China Maintains Top Spot as World’s Merchandise Exporter for Seventh Year
China remains the world’s top merchandise exporter for the seventh year, holding a 14.2% share. The Ministry of Commerce highlights steady performance amid global economic challenges, with projections pointing to gradual recovery.
China’s State Council Unveils New Guidelines to Strengthen Capital Markets
China’s State Council unveils a new guideline to strengthen capital market regulation, prevent risks, and promote high-quality financial development.
Maldives Embraces Chinese Renminbi for Import Payments
The Maldives introduces Chinese renminbi as a new option for settling import payments, enhancing bilateral trade and economic ties.
China’s Pivotal Role in Shaping Global Value Chains Amid Shifts
China continues to drive global value chains, boosting economic growth while navigating technological and geopolitical challenges.
Peony Power: Cultural Symbol Blossoms into Economic Growth
Exploring the cultural significance and economic impact of peonies in Heze and Luoyang, where blooming festivals boost tourism and local economies.
America’s Soaring Debt: Implications for Global Markets and Your Future
The U.S. debt has surged to $34.6 trillion, raising concerns among economists about its long-term effects on both national and global markets. Here’s what you need to know.