by weblychee | Sep 11, 2023 | Business, China, Glopen, In-depth, Newsletter
1. The Munich Motor Show witnessed the emergence of Chinese-made cars On 4th September 2023, the IAA MOBILITY 2023 commenced. The Munich Motor Show has traditionally been the domain of European auto industry leaders like Volkswagen,...
by weblychee | Sep 4, 2023 | Business, China, Glopen, Newsletter
1.HUAWEI’s Mate 60 Pro is back on the market after US sanctions Without any press release, without any launch event, without any rumors, Huawei unexpectedly released its flagship phone Mate 60 Pro on 29th August 2023 at 12:08pm. People, especially tech vloggers rushed...
by weblychee | Aug 28, 2023 | Automotive, Business, China, Glopen, Newsletter
1. BRICS has announced its expansion by inviting six countries to join In a landmark move on the morning of August 24th, leaders at the fifteenth BRICS summit unveiled a significant expansion of the organization. Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the...
by weblychee | Aug 21, 2023 | Business, China, Newsletter
1.China holds Key Mortgage Rate steady, stoking market concerns amid property crisis On 21st August, in an unexpected move, the People’s Bank of China (PBOC) maintained its five-year loan prime rate (LPR) at 4.2% during the August adjustment, fueling apprehensions...
by weblychee | Aug 14, 2023 | Business, China, Newsletter, Travel
1. While China’s trade falls in July, year-to-date figures remains stable In July, China’s imports and exports were USD 482.92 billion, down 13.6%. Exports were USD 281.76 billion, down 14.5%; imports were USD 201.16 billion, down 12.4%....