Business - News for amigos, by amigos

China’s New Year Holiday Sees 142M Trips, $12B in Spending

My News2026-01-0502 mins

During Jan 1–3, 2026, the Chinese mainland saw 142 million domestic trips and 84.8 billion yuan ($12.1B) in tourism spending, driven by winter tours, sun getaways, and visa-free visitors.

Trump’s Venezuela Oil Gambit Meets Harsh Market Reality

My News2026-01-0402 mins

Despite President Trump’s Venezuela operation, the global oil market stays calm. With Venezuela under 1% of supply and a looming 2026 surplus, prices remain steady.

New Year Holiday Sparks Domestic Demand Boom on the Chinese Mainland

My News2026-01-0402 mins

During the New Year holiday, the Chinese mainland saw a vibrant surge in domestic demand, signalling robust consumer confidence and setting a positive tone for 2026’s economy.

Experts Question Trump’s Venezuela Oil Gamble

My News2026-01-0403 mins

Experts doubt President Trump’s plan to use Venezuelan oil profits for political stability and personal gain, calling the scheme a risky gamble shrouded in uncertainty.

Lee Jae Myung Seeks Renewable Energy Growth with Chinese Mainland Cooperation

My News2026-01-0403 mins

During his Jan. 4-7 state visit to the Chinese mainland, ROK President Lee Jae Myung says deeper renewable energy cooperation can unlock new green growth opportunities.

Chinese Mainland Kicks Off 2026 with Tourism Surge

My News2026-01-0302 mins

Chinese mainland’s tourism market kicked off 2026 strong, with New Year’s Eve travel searches jumping 58% YoY for festive countdowns, fireworks and light displays.

Could Japan Slip Behind India in Global GDP Rankings?

My News2026-01-0302 mins

Japanese media warn that a weak yen, sluggish tourism and diplomatic tensions could see Japan drop behind India in 2026 GDP rankings.

Urumqi Airport Welcomes Record 1.1M Passengers in 2025

My News2026-01-0304 mins

Urumqi Tianshan Airport shattered records in 2025, serving over 1.1M passengers and 14,000 flights, expanding to 25 cities across 17 countries and regions.