ECONOMY

Tariff dispute escalates: China and EU in conflict

BEIJING/BRUSSELS – Amidst growing tensions between the European Union and China over the imposition of tariffs on Chinese electric cars, Beijing has now responded with a countermeasure. Starting from October 11, importers of brandy from the EU must deposit “security … Continue reading Tariff dispute escalates: China and EU in conflict

Indian Stock Market Turbulence: Global Uncertainty

NEW DELHI – As the world’s eyes turn to the escalating tensions in the Middle East, the ripple effects are felt across the globe, with financial markets bearing the brunt of the uncertainty. The Indian equity indices, BSE Sensex and … Continue reading Indian Stock Market Turbulence: Global Uncertainty

Japan’s New PM: Shigeru Ishiba’s Vision for Change

TOKYO – As Shigeru Ishiba ascends to become Japan’s Prime Minister on October 1, the world watches with great interest. His victory marks a significant shift from the established economic policies of his predecessors, promising a new direction for Japan’s … Continue reading Japan’s New PM: Shigeru Ishiba’s Vision for Change

Shenzhen Sets Sights on Global Trade Integration

SHENZHEN – In a bold move to fortify its position as a global trade hub, Shenzhen has unveiled an ambitious work plan designed to harmonize domestic and foreign trade practices. This strategic initiative aims to streamline regulations, foster innovation in … Continue reading Shenzhen Sets Sights on Global Trade Integration

China’s Youth Unemployment: A growing Challenge

BEIJING – As the world’s second-largest economy, China is facing a significant challenge in its post-pandemic recovery phase. The nation’s youth unemployment rate has soared to an alarming 18.8% in August, marking the highest level recorded this year. This increase … Continue reading China’s Youth Unemployment: A growing Challenge