Economy

China on Tuesday cut the benchmark lending rate loan prime rate (LPR) in line with market expectations, ending nine months without change. It marks the third effort to bring down…

US officials are reportedly urging American automakers to "shrink reliance" on auto parts at a time when Secretary of State Antony Blinken just concluded his visit to Beijing and affirmed…

This year marks the 10th anniversary of the China-proposed Belt and Road Initiative (BRI), a global cooperation platform that demonstrates China's vision of global development and offers solutions to the…

Chinese business communities in the EU have high expectations for the official visit of Chinese Premier Li Qiang to Germany and France from Sunday to Friday, saying the visit comes…

Electric vehicle has become a point of friction in trade and investment between the US and other major economies in the world, including China. The latest example is Pete Buttigieg,…

Move to boost city’s financial sector, yuan’s global profile: experts The Hong Kong Exchanges and Clearing Ltd (HKEX) officially launched the much-anticipated Hong Kong dollar-yuan dual counter model on Monday,…

Even as American officials, including US Secretary of State Antony Blinken, are pursuing talks with their Chinese counterparts aimed at stabilizing a bilateral relationship that is at its nadir, there…

Business communities hope for improved communication to steady economic cooperation As China and the US are engaging in high-level dialogue marked by US Secretary of State Antony Blinken's trip to…

In a recent article, UN Secretary-General Antonio Guterres criticized the IMF for unfairly favoring rich countries over poor ones, calling for radical reform of the IMF and the World Bank,…

China is advancing the process of joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and it has submitted documents for its accession to the pact, a Chinese senior…