by Boyang Shen | Jun 10, 2024 | Automotive, Business, China, Explore, Glopen, In-depth, Newsletter, Services, Travel
1.China’s Imports Up 1.8% and Exports Up 7.6% Year-on-Year in May On Friday, June 7, the General Administration of Customs announced that China’s imports in May 2024 increased by 1.8% y-o-y to $219.73 billion, compared to a previous y-o-y growth of 8.4%....
by Boyang Shen | May 20, 2024 | Automotive, Business, China, Explore, Glopen, In-depth, Newsletter, Services, Trade
1.The Central Bank of China Has Issued Three Consecutive Policies Targeting Real Estate On May 17, the People’s Bank of China introduced three new policies to support the real estate market: The minimum down payment for a first home was set at 15% (30% before),...
by weblychee | Jan 1, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Services
1.Xiaomi has launched its first electric vehicle On December 28th, Xiaomi Group hosted the Xiaomi Car Technology Launch Event in Beijing, officially introducing Xiaomi Car’s five core technologies – E-Motors, Battery, Die-casting, Pilot Autonomous Driving, and Smart...
by weblychee | Oct 23, 2023 | Business, China, Glopen, Newsletter, Services, Trade
1.China releases preliminary GDP results for Q3 2023: 4.9% increase Based on the foundational data and the methods of calculating Gross Domestic Product (GDP), preliminary calculations indicate that China’s GDP for the 3rd quarter of 2023 stands at 31.9992 trillion...
