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Dongguan eyes more Labubu moments

A woman takes selfie with art toys in a new Pop Mart offline store in Bangkok, Thailand, July 5, 2024. [Photo/Xinhua] Dongguan, Guangdong province, a manufacturing hub for the global toy industry, is undergoing a transformation to make more collectible and designer toys, driven by domestic demand and international appeal. From contract manufacturing to original…

Trump administration to extend TikTok ban deadline for third time

NEW YORK – US President Donald Trump will extend the deadline for ByteDance Ltd to divest TikTok’s US operations for the third time, allowing the app to continue operating in the United States as negotiations continue, the White House said Tuesday. “As he has said many times, President Trump does not want TikTok to go…

Cross-border e-commerce training boosts trade with ASEAN

Containers are loaded onto a China-Vietnam freight train at Nanning International Railway Port in Nanning, capital of South China’s Guangxi Zhuang autonomous region. [Photo/Xinhua] NANNING — At a fully automated production line in South China’s Guangxi Zhuang autonomous region, cans of energy drinks rolled off conveyors, destined for shelves across China. Operated by Thai conglomerate…

Henan bus company thriving in Central Asia

Yutong Bus Co, a leading Chinese bus manufacturer headquartered in Zhengzhou, Henan province, is expected to have its new batch of buses for the Central Asian market officially come off the production line this month, marking new progress in Yutong’s deep integration into the Central Asian market. Since the beginning of this year, Yutong has…

Rare earth export controls to be better managed

China will further streamline the approval process for compliant rare earth export applications, said the Ministry of Commerce on Thursday. [Photo/Xinhua] China will further streamline the approval process for compliant rare earth export applications as part of broader efforts to maintain the stability of global industrial and supply chains, said the Ministry of Commerce on…

Twin cities seen key to nation’s financial clout, bank chief says

A view of Shanghai Pudong Development Bank in Shanghai. CHINA DAILY With Shanghai’s strong links to the Chinese mainland market and Hong Kong’s status as a global financial gateway, the two cities’ differentiated strengths form a uniquely complementary partnership that could drive China’s rise as a global financial powerhouse, according to Zhang Weizhong, chairman of Shanghai…

Global South rises in addressing economic challenges

CAI MENG/CHINA DAILY The Global South has soared since the 1980s. As developed economies’ share of global GDP declines, emerging markets have seen their proportion rise from approximately 15 percent to 42 percent. In purchasing power parity terms, emerging markets collectively surpassed developed economies as early as 2008, while BRICS overtook the G7 in around…

EU-Mercosur trade up substantially in the last decade

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China Eastern Airlines launches Shanghai-Geneva direct flight

China Eastern Airlines’ flight MU217 arrived at Geneva International Airport in Switzerland from the Shanghai Pudong International Airport on Monday (June 16) with 243 passengers onboard, marking its inaugural flight operated by the Shanghai-based carrier. The carrier also becomes the first Chinese airliner to operate the route. The Shanghai-Geneva flight will service four round trips…

Decline in asylum applicants and temporary protections

In 2024, 912 415 non-EU citizens lodged a first-time asylum application in the EU, indicating a 13.1% decrease from 1 049 508 in 2023. At the same time, 780 280 people having fled Ukraine received temporary protection, indicating a 26.1% drop from 1 056 010 in 2023. During the first quarter of 2025, 183 809…