Oil prices backed off on Monday, reversing their Friday rally, as renewed concerns over waning demand in the United States and China dented market sentiment.
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Worried Chinese shoppers scrimp, dimming the appeal of a Singles’ Day shopping extravaganza
Shoppers in China have been tightening their purse strings, raising questions over how faltering consumer confidence may affect Saturday’s annual Singles’ Day online retail extravaganza.Singles Day, also known as “Double 11,
China Weighs Ending Freeze on Boeing With 737 Max Deal in US
Boeing Co. may finally see a sales breakthrough for its 737 Max aircraft in China when presidents Joe Biden and Xi Jinping meet this week, ending a long commercial freeze in a critical overseas market…
Inside the Philippines’ Dangerous Mission in the South China Sea
As sailors scrambled to unload provisions from two small boats for troops on a grounded ship in the South China Sea, a US Navy aircraft flew overhead while three Japanese-built Philippine coast guard vessels kept…
Global Impact: China, Australia ‘embark on the right path’ after Anthony Albanese meets Xi Jinping in Beijing
In this issue of the Global Impact newsletter, we look back at the long-awaited visit to China by Australian Prime Minister Anthony Albanese and what it means for future relations between Canberra and …
APEC’s growth to slow as persistent inflation, US-China tensions weigh-report
Economic growth among Asia Pacific Economic Cooperation countries is expected to decline next year and remain below the global average as higher interest rates slow U.S. growth, as China continues to struggle with its recovery…
China Mulls Ending Commercial Hold On Boeing’s 737 Max: Report
China is reportedly considering ending its commercial freeze … Dogecoin Rally Keeps Weekend Momentum Intact — Analyst Sees Apex Crypto Flashing Signal That Sparked 400% Surge The upcoming summit …
China’s Singles Day shows buyers’ commitment issue
Alibaba stressed that more than 402 brands have surpassed 100 million yuan in sales. And China’s State Post Bureau said on Sunday that express delivery volume hit a record high during the Singles Day …
Global Times: Officials at Beijing forum vow to accelerate institutional opening-up to attract long-term investors
Foreign financial institutions, including those from the US, remain optimistic about the long-term development prospect of Chinese economy and aim to explore more investment opportunities in the …
Global Times: Beijing’s innovation, opening-up efforts in financial sector more attractive for foreign players
With more than two hundred driverless logistical vehicles running in designated parks in Beijing, Yu Enyuan, CEO of Neolix, a start-up specializing in making these vehicles, expressed gratitude for …
China’s Didi swings to third-quarter profit, to buy-back $1 billion worth of shares
China’s biggest ride-hailing company Didi Global on Monday reported a third-quarter profit as domestic demand for mobility services improved, and also announced share repurchases worth up to $1 billion over the next two years.
China’s Consumption Recovery Is Losing Momentum, Data Show
China’s consumption rebound slowed and private business confidence lost momentum in October, according to independent surveys and alternative data that suggested the economic recovery remains bumpy.
Beijing establishes humanoid robot innovation center
A humanoid robot innovation center has been established in the Chinese capital to accelerate the technology supply and industrialization of humanoid robots.