Global Business

<p>Global Business offers in-depth analysis of the latest economic data, business trends and market moving policies, zooming in on how all this affects ordinary people. </p>

2024 WIC Wuzhen Summit aims to bridge global digital divide

--China will boost export credit and financing for SMEs --International Low-Altitude Economy Development Conference opens in Xi'an --"Black Myth: Wukong" wins Game of the Year at the 42nd Golden Joystick Awards

11-22
27:00

Chinese President Xi Jinping says China-Brazil ties are at their best in history

--Brazilian President Lula says he is ready to work with China to enhance the voice of the Global South --China's top economic planner urges private sector involvement in key public projects --China spearheads infrastructure for gigabit internet

11-21
27:00

Chinese President Xi Jinping arrives in Brasilia for a state visit

--China is Brazil's leading trading partner and largest investor --China's loan prime rates remain unchanged in November --2024 WIC Wuzhen Summit showcases AI innovations and fosters international collaboration

11-20
27:00

Chinese President Xi Jinping shares China's eight actions for global development at the G20 Summit

--President Xi calls for building a world economy characterized by cooperation --China's top economic planner expects recovery to continue in November and December --AI and innovation in spotlight at 2024 WIC Wuzhen Summit

11-19
27:00

Chinese President Xi Jinping gives written statement upon arrival in Rio de Janeiro

--Chancay Port reflects growing trade and friendship between China and Peru --Chinese manufacturers call for further negotiations with the EU to prevent tariffs from being passed on to consumers --Innovation powers the growth of China's sock capital

11-18
27:00

Chinese President Xi Jinping holds talks with Peruvian President Boluarte

--China and Peru release a joint statement on deepening their Comprehensive Strategic Partnership --China's economy expands in October --Federal Reserve to slow key interest rate cuts as inflation shows signs of persistence

11-15
27:00

Chinese President hails China-Peru ties in an article in a Peruvian newspaper

--Officials outline goals for future trade and collaboration among APEC members --U.S. inflation rises to 2.6% in October --China hits 10 million new electric vehicle production milestone

11-14
27:00

China and the U.S. join forces to combat methane emissions

--APEC host Peru considers Asia-Pacific vital to its growing international trade --World leaders convene at the United Nations annual climate conference --"Flying car" debut unveils diverse tech path of low-altitude economy at Airshow China

11-13
27:00

Chinese President Xi Jinping to attend APEC Meeting and pay state visit to Peru

--Asia-Pacific region unlocks significant growth potential in digitalization --2024 Double Eleven shopping festival sales surge --Airshow China attracts more than 1,000 companies from 47 countries and regions

11-12
27:00

China and Indonesia bolster ties and economic cooperation

--1,200 business representatives to attend APEC CEO Summit --China's consumer prices see stable growth of 0.3% in October --Blind-box destination challenge in Tonglu, China's most beautiful county

11-11
27:00

President Xi to attend APEC meeting, G20 Summit, visit Peru, Brazil

--Chinese President Xi Jinping will attend the 31st APEC Economic Leaders' Meeting in Lima, Peru, and will also make a state visit to the country. President Xi will then travel to Rio de Janeiro to attend the 19th G20 Summit and will pay a state visit to Brazil. --The U.S. Federal Reserve has lowered its interest rates by a quarter of a percentage point, setting the new target range at 4.5% to 4.75%.

11-08
27:00

China's foreign trade grows by 5.2 percent in first ten months

--China’s foreign trade has grown steadily by 5.2% during the first 10 months of the year, with exports increasing by 6.7% in the same period. --The 7th China International Import Expo is currently underway in Shanghai, and today we are focusing on the participation of countries from the Global South.

11-07
27:00

China expanding openness as global trends decline: report

--The second day of the China International Import Expo is underway in Shanghai, showcasing innovative products and fostering international trade relations. --Egypt is launching new initiatives to attract more international travelers to its historic sites and vibrant culture.

11-06
27:00

7th China International Import Expo opens in Shanghai

--The 7th China International Import Expo kicks off in Shanghai, with Premier Li Qiang emphasizing China's commitment to openness. --China's services sector is experiencing rapid growth, as evidenced by the Caixin Services PMI of 52, signaling strong expansion. --Stock markets traded sideways as investors awaited the U.S. leadership decision, amid developments in the currency and bond markets.

11-05
27:00

Foreign leaders, trade representatives gather in Shanghai for 7th CIIE

--Foreign leaders and trade representatives are gathering in Shanghai for the 7th Annual China International Import Expo. --A month-long consumption campaign is underway in five Chinese cities, featuring a series of activities designed to boost spending in shopping, catering, tourism, exhibitions, and performances. --China has urged France to take an active role in encouraging the European Commission to reach a solution that is acceptable to both European and Chinese electric vehicle industries.

11-04
27:00

Slovenia maintains support of Chinese-made EVs despite tariffs

--China rejects an EU tariff ruling over Chinese EVs and files a lawsuit --China's manufacturing PMI bounces back to expansion territory --U.S. third-quarter GDP grows a healthy 2.8% ahead of the presidential election

10-31
27:00

President Xi Jinping: China ready to strengthen strategic cooperation with Finland

--Beijing voices firm opposition to the U.S. investment restrictions against China --Multinational firms expand R&D capabilities in China --Future Investment Initiative conference kicks off in Saudi Arabia

10-30
27:00

China and Nordic countries see expanding trade cooperation

--Japanese Yen mired in political uncertainty --Lebanese businesses struggle to deal with the impact of conflict --Soaring costs and falling demand cripple Volkswagen, threatening thousands of jobs

10-29
27:00

Finnish president arrives in Beijing for state visit

--Finnish President Alexander Stubb arrived in Beijing on Monday for a four-day state visit to China. --The second China International Supply Chain Expo (CISCE) will take place in Beijing from November 26 to 30. --The Japanese yen fell to a three-month low on Monday as investors anticipate slower rate hikes.

10-28
27:00

Shanghai Port handles 16.2% of trade between China and other BRICS countries

--President Xi: "BRICS Plus" countries should be a stabilizing force for peace --China to reduce interest rates on existing home loans to alleviate financial burdens --IMF Chief: Global economy in danger of getting stuck on low-growth and high-debt path

10-25
27:00

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