Reports for May in China's industrial sector indicate sustained growth, driven by innovation. According to data for last month, "China's value-added industrial output grew 5.8 percent year-on-year."
In the manufacturing sector, value-added output increased 6.2 % year-on-year, with increases of 9 %…
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China
iPhone remains at the top of sales in China
Apple has maintained its privileged position in China with the iPhone, its flagship product, as it is the best-selling phone so far this year and with a particular increase last May.
This dominance of the device in the Chinese market marks…
Huawei develops its own operating system for its HarmonyOS-powered laptops
This Monday, Huawei CEO Yu Chengdong announced that they have developed their own operating system for their HarmonyOS-powered laptops.
The CEO of the Chinese technology company made the announcement in Chengdu, capital of Sichuan Province…
China to allow visa-free entry for citizens of five Latin American countries
China announced last Thursday, May 15, the elimination of the visa requirement for entry into the country for travelers from Brazil, Argentina, Chile, Peru, and Uruguay starting June 1.
The measure is part of a series of initiatives…
United States lifts sanctions on artificial intelligence chips
US President Donald Trump issued instructions this Tuesday to lift import restrictions on semiconductors used in the development of artificial intelligence.
Former President Joe Biden had established these measures days before handing over…
Colombia signs agreement to join the Silk Road
During his recent official visit to the People's Republic of China, Colombian President Gustavo Petro affirmed that the South American nation would join the Belt and Road Initiative, known as the Silk Road, a decision that became a reality…
United States and China pause reciprocal tariffs for 90 days
The governments of China and the United States announced an agreement on Monday to pause the application of reciprocal tariffs for 90 days, following a meeting in Geneva over the weekend.
Under this agreement, Beijing will reduce tariffs…
Agricultural sectors in Latin American countries could benefit from US tariffs
US tariffs on major powers and other countries around the world could allow nations like Brazil, Argentina, Paraguay, and Uruguay to benefit by filling the gap in large supply chains, particularly in the agricultural market.
These Latin…
China suspends purchase of Boeing aircraft
Chinese airlines have received communication from the government about the suspension of the purchase of Boeing aircraft in response to the United States tariffs.
According to official instructions, the Chinese government's decision…
EU-China bilateral summit to be held in China
The EU-China bilateral summit could be held in China in the second half of July to commemorate the 50th anniversary of diplomatic relations.
This was stated by a spokesperson for the President of the European Council, António Acosta, when…
China launches cross-border payment system with digital Yuan
China has made a strategic and quiet move in cross-border payments. They are now based on the digital yuan for transactions with 10 ASEAN countries and six Middle Eastern countries, bypassing the Swift system.
The People's Bank of China…
China, Japan, and South Korea accelerate free trade agreement negotiations
China, Japan, and South Korea, the three largest Asian economies, are accelerating negotiations for a free trade agreement that will allow them to address Donald Trump's tariffs and their consequences.
The ministers of the three nations in…