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The IMF has downgraded growth forecasts for major economies like the US, Eurozone, Japan, and Thailand due to trade uncertainties and weakening global demand, signaling recession...
Forrest cautions about China’s ambitions in green energy projects, emphasizing the need for vigilance and strategic partnerships to ensure sustainable development. Key Points Forrest Warns of...
China Southern Air Logistics and Glasgow Prestwick Airport have launched Scotland’s first direct freighter service to China, with four weekly flights set to boost Prestwick’s role...
U.S.-China trade detente boosts demand, overwhelming container ship owners as shipping activity surges, reports Reuters. Key Points Revived Trade Relations After a detente in US-China trade...
Midea Group will acquire BDR Thermea’s China operations to boost global expansion and shift towards commercial solutions. The deal includes brands, assets, and bolsters Midea’s international...
China’s factory-gate and consumer prices fell in April, highlighting deflationary pressures. Challenges include a housing market downturn, high debt, and trade barriers, necessitating further economic stimulus....
UBS has instructed its bankers to avoid flying business class on short-haul trips to China, aiming to reduce costs and environmental impact. Key Points UBS has...
Top US and Chinese officials will meet in Geneva to address escalating trade tensions. Discussions will focus on reducing tariffs and broader trade restrictions, aiming for...
Temu, a Chinese retailer, transitioned to a local fulfillment model in the U.S. to avoid high tariffs following the expiration of the de minimis exemption, maintaining...