Expert Calls U.S.-China ‘New Cold War’ Approach ‘Wrongheaded’
Evan G. Greenberg criticizes the U.S. approach of viewing competition with China as a ‘new cold war,’ calling it counterproductive and urging a strategic shift.
Economy
WTO Chief Warns Against Unilateralism, Praises China’s Global Role 🌐💼
WTO Director-General Ngozi Okonjo-Iweala warns against unilateralism, praises China’s role in global trade, and calls for international cooperation to avoid economic crises. 🌍💬
China & UAE Boost Trade Ties 🌏🤝
China and UAE accelerate free trade talks while expanding tech & green energy partnerships during leaders’ meeting in Abu Dhabi.
Raising Retirement Age Won’t Affect Jobs in the Chinese Mainland, Experts Say 💼
Raising the retirement age in the Chinese mainland is unlikely to impact employment rates, according to experts at the 2024 Bund Summit. Economic growth remains the key driver. 💼📈
China Considers Raising Retirement Age: Economic Growth to Keep Jobs Steady 🌱
China’s top legislative body reviews raising the retirement age, with experts stating economic growth will sustain employment rates. Read more! 💼📈
Zimbabwe’s President Praises China-Africa Partnership at FOCAC Summit 🌍🤝
Zimbabwe’s President Emmerson Mnangagwa highlights the impactful China-Africa partnership during his state visit and FOCAC Summit 2024.
China’s State Council Targets Annual Development Goals for 2024
China’s State Council commits to achieving its 2024 economic and social development goals, focusing on growth, reforms, and green initiatives.
China Responds to Canada’s Tariff Hikes with New Investigations 🚗🛢️
China launches anti-discrimination and anti-dumping probes into Canada’s recent tariff hikes on electric vehicles, steel, aluminum, and rapeseed imports. 🌏⚖️
Powell Hints at Rate Cuts as Inflation Cools 📉✨
Fed Chair Powell hints at possible interest rate cuts in September, sparking debates on economic strategy as inflation cools. Stay informed! 💸📊
U.S. Debt Crisis: Short-Term Fixes Mask Bigger Risks 🌍💸
Daryl Guppy warns short-term U.S. debt ceiling fixes avoid tackling deeper economic risks. A must-read for global markets watchers. 📉🔍