China’s Services Trade Grows 8.2% in First Four Months, Travel Sector Leads Gains China’s services trade maintained solid growth in the first four months of 2025, with total services imports and exports reaching CNY 26,320.6 billion (approximately USD 3.64 trillion),...
More Chinese Banks Cut Rates as Demand Deposit Interest Near Zero Following the lead of six major state-owned banks and institutions like China Merchants Bank and China Everbright Bank on May 20, an additional seven banks—including Ping An Bank, China...
U.S.-China Trade War Escalates to Triple-Digit Tariffs as Retaliatory Cycle Intensifies The trade war between Washington and Beijing entered dangerous new territory last week as reciprocal tariff pushed bilateral import duties into triple-digit...
The city we are going to introduce today is Zhecheng. It has become the diamond capital of China due to its excellent man-made diamond technology. According to the latest data, the annual production of lab-grown diamonds in the world is 9 million carats, of which...
Today, we will introduce Pingdu, the “Eyelash Capital of the World.” Located in Shandong Province, China, Pingdu produces at least 7 out of every 10 pairs of false eyelashes sold globally. Though it may not be as famous as larger cities like Jinan or...
Linyi, a city in Shandong Province, is known as China’s “Panel Capital,” a title awarded by the China Forest Industry Association. The city is home to approximately 13,000 enterprises involved in the wood panel industry, including plywood, veneer panels,...
