by weblychee | Oct 2, 2023 | Business, China, Glopen, Newsletter, Trade
1.China’s PMI back to growth in September at 50.2, while profits of large-scale industrial companies still down 11.7% In September, China’s Manufacturing Purchasing Managers’ Index (PMI) rose to 50.2%, an increase of 0.5 percentage points from the previous month, back...
by weblychee | Sep 25, 2023 | Business, China, Glopen, Newsletter, Travel
1.Chinese train tickets were fully sold within a second for National Day holiday This year, the Mid-Autumn Festival and National Day holiday will span eight consecutive days from 29th September to 6th October. On Friday, 15th September, the sale of train tickets for...
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...
