U.S. Inflation Hits Lowest Annual Rise Since 2021
U.S. consumer inflation slows to its lowest annual rise since 2021, signaling positive trends for the economy and potential interest rate cuts by the Federal Reserve. 📉💵
Business
Business news and videos about how money works, what companies do, how markets change, and more! 💸📈 We share special interviews and easy-to-understand looks at business so you can follow what’s happening in China’s economy and around the world.
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Rio Tinto CEO Praises China Partnership as ‘Fruitful’ 🌏💼
Rio Tinto’s CEO highlights successful collaboration with China, emphasizing mutual benefits in global trade and economic growth. 🌍💼
Russia Extends Gasoline Export Ban Through 2024 ⛽🌍
Russia extends its gasoline export ban to 2024, citing seasonal demand and refinery maintenance. Global markets watch closely. ⛽🌍
China’s Economy ‘Wrings the Water’ for Sustainable Growth 🌊📊
China’s July financial data shows a shift to ‘high-quality growth,’ with yuan loans up by 13.53 trillion yuan. Experts call it ‘wringing the water’ for authentic economic health. 🌍📈
Global Poll Slams EU’s EV Tariffs as Trade Tensions Heat Up 🌍⚡
A global CGTN poll reveals 87.5% oppose EU’s EV tariffs, citing harm to trade and climate goals. Calls grow for China-EU dialogue to resolve tensions. 🚗⚡
China Set to Soar: 700 Million Air Passengers Expected in 2024 ✈️📈
China’s aviation sector is hitting new heights with a projected 700 million air passengers in 2024, driven by post-pandemic recovery and tech innovation. ✈️🌏
U.S. Tariffs on China Spark Backlash from Economists, Businesses 🚨💼
As the U.S. considers new tariffs on China, economists warn of higher prices, slowed climate progress, and global economic risks. 🇺🇸🇨🇳 #TradeWars
China’s Yuan Loans Surge by $1.89 Trillion in First 7 Months 📈🇨🇳
China’s yuan-denominated loans surged by 13.53 trillion yuan ($1.89 trillion) in Jan-July, highlighting economic resilience despite a dip in social financing.
China’s Service Sector Powers Economic Growth in 2024 📈🇨🇳
China’s service sector drives over 50% of economic growth, fueled by booming tourism, tech, and shifting consumer habits. 🌍💡
Service Consumption: China’s New Economic Growth Engine in 2024
Service consumption drives China’s economic growth in H1 2024, with services contributing over 50% to GDP and retail sales up 7.5%.