1 During the last thirty years, the international economy has experienced a basic change. Improvements in the Internet and other communications have had important effects on world markets. Faster methods of transport from one place to another have made the world seem smaller to the businessmen. As...
“The Chinese economy has better future prospects over the next 20 years than almost any other big economy,” Munger said in his first longform podcast interview. The legendary billionaire investor further noted the leading companies of China are stronger and better than practically any other leadin...
She said that during the Spring Festival holiday last month, China's commercial box office revenue soared 80.1 percent year on year, and total spending on domestic travel increased 47.3 percent. China has set an economic growth target of around 5 percent for 2024, according to this year's gov...
Five years since the start of the COVID pandemic, it can feel as if trust in the knowledge of experts and scientific evidence is in crisis. But according to our new findings in a global survey of more than 70,000 people... White House Office of Science and Technology Policy provides in...
Li said economic development over the past 100 years has experienced two important stages. Firstly, the production line invented by Henry Ford prompted the manufacturing industry to take off, driving the first 50-year period of long-term development in the global economy. This was the 50-year-...
China's major industrial firms posted increased combined profits for the fourth consecutive month in November, rising by 29.5% year on year, according to data released by the National Bureau of Statistics (NBS) last week. Meanwhile, the NBS also announced that industrial profits reached 6.98 trill...
South African Finance Minister Enoch Godongwana delivers the 2024 Budget Speech in Cape Town, South Africa, on Feb. 21, 2024. South Africa's economy is estimated to have grown by 0.6 percent last year and will increase to 1.6 percent over the next three years, Godongwana said here Wednesd...
Local media and experts widely believe that although positive factors such as rising prices and improving wages have been observed in the Japanese economy since last year, a virtuous cycle has yet to be formed. These factors have not become the fundamental reasons supporting the recent rise in th...
Trade in the first two months of this year amounted to 66 trillion yuan, marking a new historical peak. The General Administration of Customs noted that this roughly matches China's entire annual foreign trade value 20 years ago. Wen Bin, chief economist at China Minsheng Bank, anticipates a...
China has set an economic growth target of around 5 percent for 2024, according to this year's government work report. Its economy expanded by 5.2 percent last year. Looking ahead, Liu said she expects the government's supportive policies to play a greater role in economic recovery. Such pol...