Economy - News for amigos, by amigos

China’s Loan Rates Hold Steady 🚀—But Change Could Be on the Horizon

My News2024-09-2003 mins

China’s one-year loan prime rate holds steady at 3.35% this month, but experts hint that rate cuts might be on the way. Find out what this means for you!

Fed’s Big Move: Half-Point Rate Cut Shakes Up Finance World! 💸

My News2024-09-1901 mins

Breaking news! The Federal Reserve just cut its benchmark interest rate by a hefty half-point. Find out what this could mean for you! 💸

Trade Drama! China Urges U.S. to Play Fair in New WTO Report

My News2024-09-1204 mins

China’s Ministry of Commerce releases a new report urging the U.S. to abide by WTO rules, accusing it of unfair trade practices and calling for a return to fair global trade.

China’s Foreign Trade Surges 6% in First 8 Months 🚀

My News2024-09-1003 mins

China’s foreign trade jumped 6% in the first 8 months! Exports up, imports up, and ASEAN remains the top trading partner. 📈🌏

Navigating a Changing World: ECB’s Trichet Speaks at Bund Summit 🌐

My News2024-09-0703 mins

At the Bund Summit, former ECB president Jean-Claude Trichet discussed with CGTN’s Michael Wang how the ECB tackled high inflation and the challenges ahead in balancing inflation and growth.

Canada’s Tariff Tango: Will Protectionism Stall Progress?

My News2024-09-0303 mins

Canada revs up tariffs on Chinese-made EVs and metals, sparking debates on protectionism and progress. What’s the real impact on the global auto scene? 🚗🌐

China’s SCIO Unveils Plans to Streamline Market Access 🚀

My News2024-08-2902 mins

China’s SCIO unveiled plans to refine the national market access system, aiming to make it easier for businesses to thrive. Big news for entrepreneurs and investors! 🚀

Xi Jinping Rallies China for Major Reforms 🚀

My News2024-08-2903 mins

Chinese President Xi Jinping calls for all-out efforts to implement key reform tasks across China, emphasizing the need for innovation and pragmatism.