Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen will talk on key issues like global economy, sovereign debt issues and climate change in their first in-person meeting
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
Domestic demographers lament that China will get old before it gets rich, slowing the economy as revenues drop and government debt increases
Production at the factory is nearly back to normal but company officials remain cautious due to a spike in Covid infections across China
Subway trains in Beijing and Shanghai were packed, while some major traffic arteries in the two cities were jammed with slow-moving cars
Analysts have warned the world's second-largest economy is "entering the most dangerous weeks of the pandemic"
At least 37 million people caught the virus on Tuesday alone, according to data presented in a closed-door meeting
China's "closed loop" system, which had been relied on by many factories throughout the zero-Covid era, is also beginning to fall apart
Chinese are concerned over the uncertain economic outlook with Covid surging and Xi Jinping's "common prosperity" drive to cut income inequality, asset managers say
The survey suggests that the Chinese economy "may be heading for recession in 2023," World Economics said
Immigration queries from China have been on the rise this year as stringent zero-Covid curbs and a steep fall in property prices have chipped away riches from the wealthy
Xi wants China and Russia to transact more deals in rubles and yuan to insulate the two against future Western sanctions