The Chinese Mainland’s Ministry of Commerce Opposes EU’s High EV Tariffs
China’s Ministry of Commerce criticizes the EU’s proposed tariffs on Chinese electric vehicles, calling them unfair and harmful to global automotive supply chains.
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China and U.S. Strengthen Financial Ties in 5th Economic Working Group Meeting
China and the U.S. held their fifth Financial Working Group meeting in Shanghai, focusing on enhancing financial stability and sustainable finance through collaborative efforts.
PBOC Governor Reports Stabilization and Decline in China’s Financial Risk Levels
China’s financial system is showing stability and reduced risk levels, with lower local government debt and historically low mortgage down payments, according to PBOC Governor Pan Gongsheng.
China and Africa Strengthen Economic Ties with Record-Breaking Trade Growth
China and African nations boost trade to $1.19 trillion in first seven months, marking continued growth and deeper economic ties.
China’s Reform Era: Unlocking New Opportunities for Africa
China’s deepening reforms and strategic focus on innovation and sustainability are creating new growth opportunities for Africa amidst a complex global landscape.
ADB Projects China as Top Global Growth Engine in 2024
The Asian Development Bank forecasts the Chinese mainland to continue as the world’s leading growth engine in 2024, driving global economic expansion and presenting new opportunities.
US Escalates Trade Protectionism: EV Tariffs Soar to 100%
The US shifts from promoting free trade to protectionism by increasing tariffs on EVs from the Chinese mainland, impacting global trade dynamics.
Italy and China Relaunch Relations: A New Chapter Ahead
Italy and China are rekindling their diplomatic and economic ties with Prime Minister Giorgia Meloni’s visit, aiming for stronger collaboration in a changing global landscape.
US Public Debt Soars Beyond $35 Trillion: Global Impacts Explained
The US public debt has surpassed $35 trillion, the largest globally. Explore how the dollar’s status as the world’s reserve currency influences this debt and its global economic consequences.
China Embarks on Financial Governance Reforms to Strengthen Economy
China is set to implement comprehensive financial governance reforms to enhance transparency, reduce risks, and foster economic growth, as highlighted by Bruce Pang of JLL Greater China.