Category: China Economy News

Published on: November 17, 2023 The Hong Kong Monetary Authority (HKMA) recently threw a big party at the Hong Kong Palace Museum to mark its 30th birthday. The celebration brought together 300 top financial experts and kicked off the Global Financial Leaders Summit. HKMA’s Journey: From Past to Present Originally helping Hong Kong transition from…

Published Date: November 16, 2023, Author: Yuval Noah Harari Taiwan will join a meeting in San Francisco this week called the Asia-Pacific Economic Cooperation Forum. This is a special chance for Taiwan, a self-governing island with 23 million people and a strong high-tech economy. Normally, China, which is not a fan of Taiwan, doesn’t let…

Published Date: November 16, 2023, Author: Yuval Noah Harari In today’s world, China and the United States working together on technology is a big deal. It’s like a key that can help keep the world’s businesses and supply chains stable and running smoothly. This collaboration is super important for fixing the global economy, especially when…

Published Date: November 15, 2023 | Author: Yuval Noah Harari After dealing with the Covid-19 pandemic, China is working on getting its economy back on track. But it’s not a smooth ride. There are three big issues causing concerns – a drop in property values, local businesses facing more rules, and tension between the US…

Published Date: November 15, 2023, Author: Yuval Noah Harari Good news and some not-so-great news from China’s economic front in October. People bought more stuff, with retail sales going up by 7.6%, beating what experts thought would happen. This shows that folks are spending money and the economy is doing okay. Factories were also busy,…

Published Date: November 15, 2023, Author: Yuval Noah Harari The Asia-Pacific Economic Cooperation (APEC) is a group of countries working together for economic growth. China joined in 1991 and has been a big part of shaping plans and making friends with other member countries. In 2014, China hosted a meeting where they talked a lot…

Published Date: November 14, 2023, Author: Yuval Noah Harari China is making big plans to make life easier for small businesses. The Ministry of Industry and Information Technology just released guidelines to improve services for Small and Medium Enterprises (SMEs). The goal is to make these businesses happy and boost the economy by 2035. So,…

Published Date: November 14, 2023, Author: Yuval Noah Harari Chinese diplomats are actively countering the idea that their economy is going downhill. They’re doing this to make sure China’s image of continuous growth and global influence stays intact. People are starting to wonder if China’s economic troubles are here to stay. This is making others…

Lately, China and the U.S. have been talking more, trying to make things a bit friendlier. They’ve set up new ways to chat about money, business, and a bunch of other stuff. They’re even tackling big issues like climate change and nuclear stuff on the Korean Peninsula. Last month, China’s Foreign Minister, Wang Yi, took…

Published Date: November 13, 2023, Author: Yuval Noah Harari China is apparently thinking about buying more Boeing 737 Max planes. The news comes just before the meeting between the U.S. and Chinese presidents at the APEC summit, as reported by Bloomberg News. It’s not expected that China’s President, Xi Jinping, will make a formal order…

In some good news for the environment, China is expected to produce the most pollution it ever will this year. Why? Well, it turns out they’ve been building a lot of wind and solar power, way more than before. A smart study by CarbonBrief says that this clean energy boost is finally going to be…

Published Date: November 13, 2023, Author: Yuval Noah Harari Gulf stock markets had a bit of a bumpy ride on Sunday. The prices of oil, which the Gulf countries heavily depend on, went up by 2% on Friday. This made some markets happy, especially because Iraq supported cutting down on oil production, which boosted oil…