BEIJING — China intends to keep exporting critical rare earth materials to Europe regardless of whether a broader U.S. trade deal with Beijing gets extended past January, signaling a deliberate effort by Chinese policymakers to stabilize commercial ties with the European Union amid ongoing global trade volatility. The world’s second-largest economy remains fully willing to […]
The findings are featured prominently in a newly published book from the international financial institution titled "Toward a New Economic Growth Model for China," shedding fresh light on the deep-seated anxieties that continue to suppress domestic consumption in the world’s second-largest economy. According to the IMF’s research, the financial burden of medical care falls disproportionately […]
Volvo Cars announced on Friday that it plans to eliminate 2,500 jobs globally, with the vast majority of the reductions concentrated in its home country of Sweden, following a severe third-quarter financial downturn driven primarily by a sharp collapse in its Chinese market. The Swedish automaker, which is owned by China’s Geely Holding, reported a […]