U.S. Consumers Foot the Bill for Trump’s New Tariffs
Goldman Sachs analysis reveals U.S. consumers are bearing 55% to 70% of President Trump’s new furniture and lumber tariffs through rising prices.
Business
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China’s Social Financing Soars 8.7% in September
China’s total social financing hit 437.08 trillion yuan in September, growing 8.7% year-on-year, while M2 supply rose 8.4%, signaling fresh credit for businesses and markets.
IMF Warns US Tech Stocks Are Nearing Bubble Peaks
IMF’s Jason Wu warns US tech stock valuations are stretched globally and nearing bubble peaks. Find out what this means for young investors.
Bund Summit 2025: Navigating a New Tech-Driven World Order
At the 2025 Bund Summit in Shanghai, 120+ speakers will tackle a tech-driven new world order through 21 roundtables and 11 closed-door meetings.
Tariff Boomerang Strikes US Farmers: Who Pays the Price?
New US fees on vessels from the Chinese mainland could spike shipping costs by $1 million–$1.5 million per transit, leaving US farmers to foot the bill.
China’s Core CPI Growth Accelerates to 1% in September
China’s core CPI rose 1.0% in September—its fifth monthly increase—while PPI declines narrowed, pointing to shifting inflation dynamics.
IMF Boosts 2025 Growth Forecast to 3.2% Amid Trade Woes 🌍
The IMF raises its 2025 global growth forecast to 3.2% but warns that high US tariffs are casting a shadow over the outlook.
Trump’s New Wood & Furniture Tariffs Shake Up US Industry
Starting October 14, Trump’s new tariffs on wood & furniture imports are shaking up US prices, supply chains and the housing market.
Global Designers Flock to Shanghai Fashion Week SS26
Shanghai Fashion Week Spring/Summer 2026 kicked off on October 9, attracting foreign buyers and designers exploring fresh opportunities in the Chinese mainland’s vibrant fashion scene.
Shenzhen’s 5-Year High-Quality Growth: Speed Meets Warmth
Discover how Shenzhen, in the Chinese mainland, has charted high-quality development since 2020, balancing rapid innovation with people-centered warmth.