China's economy grows 5.3% in Q1, beating expectations
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6d ago
China's economy shows sustained recovery and improvement in the first quarter, with GDP growth hitting 5.3%. Data shows that increased retail sales, investment growth, and increasing imports and exports all indicate the steady recovery of the country's economy. We’ll also hear about the latest consumption trends from the China International Consumer Products Expo in Hainan (00:53). The IMF has lifted its global economic outlook for this year to 3.2 percent. What are the challenges and opportunities facing the world economy (19:40 ..read more
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What are the highlights from US Treasury Secretary Yellen’s visit to China?
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1w ago
U.S. Treasury Secretary Janet Yellen wrapped up her visit to China. What are the highlights of the visit (00:46)? The U.S. consumer price index rose 3.5% in March. What does the latest figure mean for the Federal Reserve’s future interest rate cuts (14:36 ..read more
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China's manufacturing PMI sees rapid expansion in March
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2w ago
China's manufacturing sector experienced its most rapid expansion in over a year in March. The official PMI rose from 49.1 in February to 50.8 in March. What does it mean for China's economy (00:37)? A survey conducted by Japan's central bank reveals that business sentiment among major non-manufacturing companies in the country has reached a three-decade high in the first quarter of 2024. What's the current state of Japan's economy, and what is the key that will allow the central bank to raise interest rates again (18:25 ..read more
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What are the new drivers for the Asian economy?
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3w ago
The Boao Forum for Asia was held this week in Hainan province. Global security, the world economy, science and technology innovation, and the impact of artificial intelligence topped the agenda. The forum has released its annual report on Asia's economic prospects, calling for growth of 4.5% this year, supported mainly by solid consumption. What are the driving forces for Asia’s economy? What are the potential challenges? What advantages do Asian economies have when it comes to disruptive technologies like AI ..read more
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What are the new opportunities in China's economy?
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1M ago
China's industrial output grew 7% in the year's first two months, beating expectations and marking a solid start for China's economy in 2024. Meanwhile, China has issued a broad plan to attract foreign investment further. What are the new opportunities in China (00:40)? US tech giant NVIDIA unveils its new super-chip as it drives closer cooperation with Chinese EV maker BYD (17:27 ..read more
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Will China's auto exports continue to grow in 2024?
Biz Today
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1M ago
China's auto exports jumped over 30 percent in the first two months of this year. What were the main factors (00:43)? Japan's economy has narrowly avoided recession after revising its official economic growth figures. However, Tokyo's stock market has been riding high since the beginning of the year despite economic stagnation. How does that happen? Is Japan's economy at a turning point (17:50 ..read more
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Why is “around 5%” a realistic goal for China's economy in 2024?
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1M ago
Economic issues are a focal point for China's national legislators and political advisors during this year's Two Sessions. China has set an economic growth target of around 5% for 2024. What messages have been sent from this year's Two Sessions? How will they shape China's economic future ..read more
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What is China's role in global trade and economic growth?
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1M ago
Trade ministers worldwide have gathered in Abu Dhabi for a World Trade Organization meeting to set new global commerce rules. "Don't take economic resilience for granted" -- that's the message from WTO chief Ngozi Okonjo-Iweala. What are the most significant challenges for global trade? What does it mean for the global economy? What is China's role in international trade and economic growth ..read more
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OpenAI reveals new Artificial Intelligence tool “Sora”
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2M ago
China’s central bank has cut its benchmark five-year mortgage rate by 25 basis points. What does it mean for the property sector? And what does it mean for the economy this year (00:38)? Open AI has revealed a new Artificial Intelligence tool called “Sora.” What does the latest leap in AI mean for different industries? How should people prepare for it (17:57 ..read more
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What are the main drivers for China's digital finance and digital economy?
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2M ago
Chinese consumers have flexed their spending power during this year’s Spring Festival holiday (00:40). China's digital finance has gone global, enabling tourists to travel abroad with "one wallet.”So, what are the main drivers for China's digital finance and digital economy? What does this growth say about China’s economic policy (15:20 ..read more
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