Tag: "China"

Finance

Resilient Recovery: China’s Travel Spending During Lunar New Year Surpasses Pre-Pandemic Levels

China’s tourism industry experienced a significant resurgence during the recent Lunar New Year holidays, as domestic travel soared, surpassing pre-COVID levels. Official data released...

Business

Asia-Pacific Markets React to Fed Decision, China PMI, and Australia CPI: A Mixed Bag of Highs and Lows

On January 31, 2024, Asia-Pacific markets experienced a mix of highs and lows as investors reacted to key events and economic data. The Federal...

Business

From Recovery to Prosperity: China’s Luxury Sector Seizes New Opportunities

China’s luxury market is experiencing a remarkable recovery, signaling a resurgence in consumer confidence and presenting fresh avenues of growth for the industry. Analysts...

Economic

Shattering China and Russia’s Dominance: Norway’s Quest for Rare Earths through Deep-Sea Mining

Norway, known for its commitment to sustainability and environmental protection, has recently made a controversial decision to approve deep-sea mining. In a groundbreaking move,...

Business

China’s EV Giants Challenge Tesla with Revolutionary Technology and Features

China’s electric vehicle (EV) market is witnessing a fierce battle for dominance as local automakers strive to outperform Tesla, the American EV giant. In...

Economic

Impact of China’s GDP Miss: Asia Markets Experience Significant Declines

On January 17, 2024, Asia-Pacific markets witnessed significant volatility as China’s fourth-quarter gross domestic product (GDP) growth fell short of expectations. This development, along...

Business

Tesla Follows China’s Lead and cuts cars prices in Germany and Europe

Tesla, the renowned electric vehicle manufacturer, has recently announced significant price cuts on its Model Y cars in Germany, following similar reductions in China....

Economic

President Xi Jinping Acknowledges China’s Economic Challenges in New Year’s Speech

In a rare admission, Chinese President Xi Jinping addressed the nation on New Year’s Eve, acknowledging the economic challenges faced by China. This marks...

Economic

Asia Markets Kick Off Last Trading Week of 2023 .. Japan’s Nikkei 225 Soars, South Korea Holds Ground, China Faces Challenges

As the last trading week of 2023 begins, Asia-Pacific markets have experienced a mixed start, with Japan and South Korea displaying positive momentum while...

Business

Tencent and NetEase Market Value Dwindles by 43$ billion as China Implements New Online Gaming Guidelines

In a surprising move, China has proposed new guidelines aimed at curbing excessive gaming and spending, leading to a significant decline in market value...

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