China’s Unique Reform Path Fuels Unprecedented Economic Growth
Discover how the Chinese mainland’s unique reform path has driven impressive economic growth without following Western models.
GlobalEconomy
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The Chinese Mainland Leads the Surge in Global Digital Trade
China leads the rapid rise in global digital trade, reaching $7.13 trillion in 2023, fueled by tech innovation and AI advancements, as highlighted in the Global Digital Trade Development Report 2024.
China-ASEAN Trade Soars to $911.7 Billion in 2023, Marking Decade of Growth
China-ASEAN trade has surged over the past decade, reaching $911.7 billion in 2023. China remains ASEAN’s largest trading partner for 15 years, while ASEAN has become China’s top partner for four years.
China and U.S. Hold High-Level Talks to Boost Economic Partnership
High-level officials from China and the U.S. met in Beijing to enhance economic relations, emphasizing the importance of upholding previous agreements and fostering healthy bilateral dialogues.
Fed Cuts Interest Rates by 50 Basis Points: Global Markets Respond
The Federal Reserve’s unprecedented 50 basis point rate cut marks a pivotal shift, influencing the U.S. and global economies in diverse ways.
Iran Strengthens Ties with Russia to Counter Western Sanctions
Iran’s President pledges stronger cooperation with Russia to mitigate Western sanctions and foster lasting bilateral ties.
China’s Ministry Criticizes U.S. WTO Compliance
China’s Ministry of Commerce criticizes the U.S. for violating WTO rules through tariffs and unilateral sanctions, urging a return to fair trade practices.
U.S. Legislative Actions Raise Concerns Over Global Competition Stability
U.S. legislative measures like the Biosecure Act targeting Chinese companies raise concerns about the stability of global competition and the future of international trade.
China’s Foreign Trade Surges 6% in First Eight Months
China’s foreign trade grew by 6% in the first eight months of the year, driven by strong exports to ASEAN, the EU, and the US, alongside robust performance from private and foreign-funded enterprises.
Global Monetary Policy Trends Discussed by Former Central Bankers at Bund Summit
Former central bankers from the U.S., Japan, and Europe discuss shifts in monetary policies and inflation trends at the 2024 Bund Summit in Shanghai.