China Calls Out ‘False Narrative’ on Overcapacity Concerns 🌐
China responds to Western concerns over industrial overcapacity, calling them a ‘false narrative’ and emphasizing the importance of viewing the issue based on market economy principles.
Global Economy
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Global Economy Will Walk, Not Run in 2024 – IMF
IMF says the global economy is set to grow by 3.2% in 2024, matching last year’s rate and projections for 2025. While it’s progress, it’s slower than the nearly 4% average from 2000 to 2019.
China Raises Concerns Over US Trade Restrictions at Key Meeting in Washington
China voiced its concerns over US trade restrictions during a key economic meeting in Washington. Officials from both nations engaged in constructive talks on global economic trends and growth.
Tesla to Cut Over 10% of Global Staff as Sales Dip 🚗📉
Tesla announces plans to cut over 10% of its global workforce as sales decline. CEO Elon Musk emphasizes cost reductions and productivity boosts in an internal memo to employees.
Kristalina Georgieva Reappointed as IMF Chief for Second Term 🎉
Kristalina Georgieva has been reappointed for a second term as the IMF Managing Director, starting October 1, 2024. Her leadership promises to continue shaping the global economy’s future.
China Tightens Capital Market Regulations to Spur High-Quality Growth
China’s State Council unveils a new guideline to enhance capital market regulations, aiming for high-quality growth and a stronger financial sector. Here’s what that means for the global economy.
China’s Foreign Trade Soars 5% in Q1 2024, Setting New Records 🚀
China’s foreign trade soared 5% in Q1 2024, hitting a record 10.17 trillion yuan! Discover how this economic leap could impact you. 📈🚀
China’s Trade Soars 5% in Q1 2024 🚀
China’s trade jumps 5% in Q1 2024! Discover what this means for you and the world in our latest scoop. 🌍✨
China’s 2024 Roadmap Unveiled at Beijing Forum 🚀
Global leaders gathered in Beijing for the China Development Forum, where Chinese Premier Li Qiang outlined key priorities for 2024, emphasizing openness and sustainable growth to boost the global economy.
🤝 China and EU Strengthen Trade Ties Amid Global Challenges
China and the EU are ramping up economic and trade cooperation, turning agreements into action and strengthening ties amid global challenges. Find out how this partnership is shaping the future! 🚀