Finance World

[Finance World @FinanceWorld8]

China's total goods imports and exports reached 14.14 trillion yuan ($1.96 trillion) in the first four months of 2025, up 2.4% year-on-year. Exports increased by 7.5% to 8.39 trillion yuan, while imports dropped 4.2% to 5.75 trillion yuan. #Chinese #trade #Economy

[Finance World @FinanceWorld8]

Chinese tech giant Huawei announced on Thursday that it will launch its first line of personal computers (PCs) powered by its HarmonyOS operating system on May. 19. The computers support connectivity with over 1,000 external devices and currently feature more than 150 dedicated PC applications, along with over 300 ecosystem-compatible apps. #Huawei #technology #Chinese

[Finance World @FinanceWorld8]

U.S. President Donald Trump's administration plans to rescind and modify a Biden-era rule that curbed the export of sophisticated artificial intelligence (AI) chips. Changes to the rule include possibly doing away with its splitting the world into tiers that help determine how many advanced semiconductors a country can obtain. #Trump #chip #Export

[Finance World @FinanceWorld8]

The People's Bank of China, the country's central bank, will reduce the reserve requirement ratio by 0.5 percentage points and cut the policy benchmark of interest rates by 0.1 percentage point. The seven-day reverse repo rate will be cut from 1.5% to 1.4%. #China #interestrates

[Finance World @FinanceWorld8]

The Pakistan Air Force (PAF) has shot down another Indian jet in response to Indian missile strikes at six locations in Pakistan that killed at least eight people and injured 35 others, sources from the Pakistani military said on Wednesday. This was the fifth Indian jet that has been shot down. #Pakistan #IndiaPakistan

[Finance World @FinanceWorld8]

U.S. President Donald Trump said he would extend the June 19 deadline for China-based ByteDance to divest the U.S. assets of TikTok, the short video app used by 170 million Americans, if no deal had been reached by then. However, Democratic senators argue that Trump has no legal authority to extend the deadline and suggest that the deal that had been under consideration would not meet legal requirements.#TikTok #Trump

[Finance World @FinanceWorld8]

Israel may seize the Gaza Strip and control aid in an expanded offensive against Palestinian militant group Hamas that was approved by Prime Minister Benjamin Netanyahu's security cabinet on Monday, officials said. An Israeli defense official said it would not be launched before U.S. President Donald Trump concludes his visit next week to the Middle East. #Israel #Gaza #Hamas

[Finance World @FinanceWorld8]

The 137th Canton Fair concluded on Monday in Guangdong, with organizers announcing the participation of over 288,000 overseas buyers. This was a 17.3% increase from the previous session and hit a new high. There were 171,750 first-time attendees. Purchasers from the Belt and Road partner countries totaled 187,450, up 17.4% year on year and representing 64.9% of all overseas buyers. A total of 4.55 million exhibits were showcased, including 1.02 million new products, 880,000 green and low-carbon products, and 320,000 smart products. The inaugural service robotics zone emerged as a highlight of the event, with 46 Chinese manufacturers presenting over 500 advanced robots covering 60 industrial applications. #CantonFair #Robot #trade @cantonfair

[Finance World @FinanceWorld8]

China saw about 314 million domestic trips during the five-day May Day holiday that ended Monday, up 6.4 percent year on year, data from the Ministry of Culture and Tourism showed Tuesday. #MayDay2025 #China #travel

[Finance World @FinanceWorld8]

The three astronauts on China's Shenzhou-20 spaceflight mission entered the China Space Station and met with the Shenzhou-19 crew, beginning a new round of in-orbit crew handover. The Shenzhou-19 crew opened the hatch at 1:17 a.m. Beijing Time and greeted the new arrivals. The six crew members then took group pictures for the sixth space get-together in China's aerospace history. #Shenzhou20 #China #Space

[Finance World @FinanceWorld8]

The Shenzhou-20 crewed spaceship is scheduled to be launched at 5:17 p.m. Thursday (Beijing Time) from the Jiuquan Satellite Launch Center in northwest China. The spaceship will carry three astronauts, Chen Dong, Chen Zhongrui and Wang Jie, who will conduct the Shenzhou-20 spaceflight mission, with Chen Dong serving as the commander. #Shenzhou20 #chinaspaceday

[Finance World @FinanceWorld8]

Qatari and Egyptian mediators have proposed a new formula to end the Gaza conflict. The proposed plan includes a truce lasting between five and seven years, the release of all Israeli hostages in exchange for Palestinian prisoners held in Israeli jails, a formal end to the conflict, and a complete Israeli withdrawal from Gaza. #Gaza #Ceasefire

[Finance World @FinanceWorld8]

DHL Express, a division of Germany's Deutsche Post, said it would suspend global business-to-consumer shipments worth over $800 to individuals in the United States from April 21, in the wake of new U.S. customs rules which require formal entry processing on all shipments worth over $800. The minimum had been $2,500 until a change on April 5. #DHLDelivers #UnitedStates #customs

[Finance World @FinanceWorld8]

The seventh batch of emergency humanitarian aid supplies dispatched by the Chinese government on Sunday arrived at Yangon International Airport, Myanmar, which was hit by a devastating 7.9-magnitude earthquake on March 28. The aid supplies include 800,000 boxes of amoxicillin capsules, 122,000 bottles of paracetamol and mannitol injection, 225,000 boxes of cefradine capsules, and 480,000 bottles of ibuprofen tablets, with a total weight of 95 tons. #Myanmar #earthquake #China #HumanitarianAid

[Finance World @FinanceWorld8]

Chinese President Xi Jinping said on April. 17 that unilateralism and hegemonism receive no support from the people, and trade wars undermine the multilateral trading system and disrupt the global economic order. Xi made the remarks during a meeting with Cambodian People's Party President and Senate President Samdech Techo Hun Sen. History has shown the unstoppable trend towards a multipolar world, economic globalization and cultural diversity, Xi said, adding that no country wants to return to isolation. #China #Cambodia #TrumpTariffs

[Finance World @FinanceWorld8]

The number of 5G base stations in China has topped over 4.39 million by the end of March, with the user penetration rate reaching 75.9%. China's digital sector has achieved a year-on-year revenue growth of 8.2% in the first two months of 2025. #China #5G #digital

[Finance World @FinanceWorld8]

The European Central Bank (ECB) on Thursday decided to cut key interest rates for the seventh time since June 2024, in response to the negative impact of erratic U.S. tariffs on economic growth across the eurozone. Following the ECB's adjustment, the deposit facility rate and the interest rate on the main refinancing operations will drop to 2.25% and 2.4%, respectively, while the marginal lending facility rate will be reduced to 2.65%. #ECB #InterestRate #TrumpTariffs

[Finance World @FinanceWorld8]

China has defined new competition rules for the world's first humanoid robot half-marathon as part of the Beijing E-town half-marathon set to be held on Sunday. According to the competition rules, any robot that does not change its batteries at the supply station will receive a time penalty. Replacing a robot entirely during the competition will also incur a time penalty. #China #Humanoidrobots #marathon

[Finance World @FinanceWorld8]

California Governor Gavin Newsom announced on Wednesday that the western U.S. state, which has the largest economy in the nation, is suing the Trump administration over the president's sweeping "unlawful tariffs" on international trading partners. "Donald Trump does not have the authority to impose these destructive and chaotic tariffs. America stands to lose too much," the governor posted on X. #California #TrumpTariffs