by Shawn Jiang | Aug 25, 2024 | Automotive, Business, China, In-depth, Newsletter
China’s Real Estate Market Sees Decline in First Seven Months of 2024 The National Bureau of Statistics of China has released the key figures for the real estate market in the first seven months of 2024. The data shows a significant decline across various...
by Shawn Jiang | Aug 25, 2024 | China, Glopen, Newsletter
Chinese Yuan Appreciates Against the US Dollar Since July 2024 The Chinese yuan has strengthened against the US dollar since July 2024, with the USDCNY exchange rate decreasing from around 7.25 in early July to 7.17 as of August 9, 2024. This represents a 0.53%...
by Shawn Jiang | Aug 12, 2024 | Automotive, Business, Glopen, In-depth, Newsletter
Overview of China’s Purchasing Managers’ Index (PMI) for July 2024 According to the data released by National Bureau of Statistics, in July, the Manufacturing Purchasing Managers’ Index (PMI) was 49.4%, a decrease of 0.1 percentage points from the...
by Shawn Jiang | Aug 6, 2024 | Automotive, Business, Business Blog, China, Explore, In-depth, Newsletter, Travel
The Paris Olympics Showcased a Multitude of Chinese Technological Innovations The opening ceremony of the Paris Olympics commenced at 19:30 Paris time on July 27. Chinese companies are playing pivotal roles in various aspects of the event, from broadcasting to athlete...
by Shawn Jiang | Jul 25, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Services, Travel
China Aims to Accelerate New Development Model Construction of Real Estate The Chinese government has proposed to accelerate the establishment of a housing system that combines renting and purchasing, and to speed up the construction of a new model for real estate...
