News
China reports significant progress in business environment improvement
5+ hour, 38+ min ago (169+ words) BEIJING - China has made significant progress in improving its business environment, according to a report released on Friday by the National Development and Reform Commission, the country's top economic planner. The report provides a comprehensive overview of the country's achievements…...
Rules eased to boost cross-border financing
1+ day, 11+ hour ago (393+ words) China has stepped up policy support for cross-border financing by raising leverage ratios for overseas lending by foreign banks in the country and the Export-Import Bank of China, in a move aimed at boosting the real economy, facilitating trade and…...
Asia-Pacific urged to act together, build deeper ties
4+ day, 11+ hour ago (529+ words) The Asia-Pacific needs to "act together to develop together" by strengthening cross-border connections to bolster resilience and inclusive growth, says Asian Development Bank President Masato Kanda. "The decisions we make at this new crossroads will secure the future for the…...
Beijing forum highlights opportunities in China's resilient, opening market
1+ week, 4+ day ago (518+ words) China's economic resilience, continued opening-up and its expanding domestic market are creating fresh opportunities for foreign companies seeking deeper practical cooperation, Chinese and foreign officials and business leaders said at a dialogue in Beijing on Tuesday. The remarks were made…...
New York City lost nearly 5, 000 businesses in spring 2025
1+ week, 3+ day ago (720+ words) New York City lost nearly 5, 000 businesses last spring in the largest net decline in business activity since before the coronavirus pandemic, including some popular Asian-owned eateries, according to a report. At least 3, 500 new businesses were started in the second quarter…...
Global economy reaches its boiling point amid Middle East conflict
1+ week, 4+ day ago (23+ words) China Daily - Global Edition Global economy reaches its boiling point amid Middle East conflict...
Diplomats, business leaders discuss future of global economic cooperation at Sydney forum
1+ week, 6+ day ago (206+ words) Diplomats and business leaders gathered in Sydney on April 20 to exchange views on global economic cooperation and the future of international trade. The event, hosted by the Australian Business Summit Council Inc, served as a preview of the seventh issue…...
Hubei to boost role in central region growth
2+ week, 12+ hour ago (362+ words) Hubei province will leverage its strategic location and transport networks to strengthen its role as a key pivot for the rise of Central China, while better serving the national market and global economy over the next five years, officials said…...
Strong start to economy in Q1
2+ week, 1+ day ago (619+ words) China's economy delivered a stronger-than-expected start to the year, with first-quarter data highlighting its resilience in the face of mounting uncertainties in global trade and geopolitics, experts said. Jeremy Zook, lead analyst for China at Fitch Ratings, noted that the…...
US retail sales surge as higher gas prices rise amid Iran war
2+ week, 3+ day ago (484+ words) WASHINGTON - A hike in the cost of gas due to the conflict in Iran, now in its second month, caused a hefty 1. 7 percent increase in US retail sales in March, according to data released by the Commerce Department on Tuesday....