Category: Economy

Chinese Foreign Minister Wang Yi met with King Abdullah II of Jordan on Monday, the conclusion of his trip to the Middle East. He also met with Foreign Minister Ayman Safadi. The conversations focused on boosting economic cooperation, channeling more ...

China orders banks and commerce officials to work more closely to boost consumption, directing coordination between financial institutions and commerce agencies as part of a domestic demand push. Consumption has been positioned as a core focus of economic planning under ...

Chinese President Xi Jinping has again placed expanding domestic demand at the core of China’s economic strategy. He argues that growth driven mainly by exports and investment is no longer sufficient as globalization faces headwinds and external conditions change. The ...

Jack Ma, the legendary Chinese tech mogul and founder of the e-commerce giant Alibaba, made a surprise appearance in the Rwandan capital, Kigali, on Saturday to attend the African Business Heroes awards, which he launched in the late 2010s. Ma was ...

A recent in-depth feature published on the Guangzhou-based renowned newspaper Southern Weekly takes readers into Purang (Burang) on Tibet’s remote Ali Plateau, a tri-border junction between China, Nepal, and India, where one of the Himalayas’ oldest trading systems is still alive. And timing matters: 2026 will ...

By Rebecca Ray In the last few years, China’s net debt transfers (new disbursements minus repayments) to low-income countries have turned negative. This trend means that poor countries are now repaying China more each year for past years’ lending than they ...

China’s leadership is signaling that U.S.-led economic and technology pressure will not change Beijing’s development course. President Xi Jinping made the remarks at the Central Economic Work Conference in Beijing last Thursday. He uses the key economic planning meeting to ...

China's EV maker Xpeng said Friday it is in negotiations to partner with Malaysia’s EP Manufacturing Bhd, or EPMB, to begin mass production of electric vehicles in Malaysia in 2026. The company said it plans to leverage EPMB’s existing capacity ...

Indonesia will send a negotiating team to Washington next week to resume tariff talks with the United States. Coordinating Economic Affairs Minister Airlangga Hartarto said Friday The move follows reports that a July trade framework is at risk. Airlangga said ...

China convened representatives from 43 countries at the United Nations in New York to establish the Group of Friends of Global Governance, a group dedicated to the implementation of China’s Global Governance Initiative. In a joint statement, the group said: “We emphasized that the international community must address ...

Competition among Chinese companies in Central Asia is not limited to the electric vehicle sector or the renewable energy industry. It is equally intense in the field of digital payments, where tech giants Alipay and WeChat Pay together handle more than ninety percent of mobile transactions ...

The head of the International Monetary Fund called on China to allow the renminbi to strengthen, increase domestic consumption, and reduce its dependence on exports IMF Managing Director Kristalina Georgieva told reporters in Beijing: “China is simply too big to generate ...