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EU sustainable development: bright spots and challenges

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Euro area annual inflation down to 1.9%

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Increase in trade in research & development services

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Domestic helpers, nannies, butlers all in high demand

A household services employee cleans a kitchen exhaust in Beijing in January. MA HUAIGANG/FOR CHINA DAILY Stella Tian, a 33-year-old office worker in Beijing, has two toddlers — a 1-year-old and a 3-year-old — and employs two nannies to help look after the children and simplify her life, as she and her husband have hectic…

Trade-in policy drives domestic consumption

Consumers discuss details about a cell phone with an assistant at a shopping mall in Shushan district, Hefei, Anhui province, April 26, 2025. [Photo/VCG] Boosted by China’s trade-in program for consumer products, the country saw strong growth in retail sales of cars, home appliances and electronic products in the first five months of this year,…

China, SCO partners expand AI cooperation

Attending guests watched the humanoid robot performance at the artificial intelligence enterprise exhibition area at the China-Shanghai Cooperation Organization Artificial Intelligence Cooperation Forum held in Tianjin on May 29, 2025. [Photo/Xinhua] TIANJIN — It’s soybean planting season in Russia. Across vast farmlands in Ussuriysk, agricultural machinery equipped with automatic navigation systems and artificial intelligence algorithms…

CAFTA 3.0 hailed as advocate of multilateralism

The move by China and member states of the Association of Southeast Asian Nations to upgrade a 15-year-old free trade agreement showcases their commitment to multilateralism, and has dealt a significant blow to rising protectionism, experts said. On May 20, the Ministry of Commerce announced that China and ASEAN member states have completed negotiations on…

China can offer valuable insights for ASEAN countries

“As one of the emerging economies, China has gained extensive experience in the effective implementation and utilization of the RCEP agreement and is capable of offering valuable insights for ASEAN countries,” said Taufiq Arfi Wargadalam, executive director of the RCEP Support Unit, during the 2025 RCEP Media & Think Tank Forum. He added that China…

EU tourism nights in the first quarter of 2025

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Nothing Is Safe: Goods and Services Hit by Trade Chaos

We ran some back-of-the-envelope calculations of our own and concluded that, for EU manufacturers of budget-friendly tyres (e.g., the Kormoran brand) to compete with China-made brands such as Sailun, the factory-gate price in the EU would need to be about €7 lower per tyre.In 2024, China shipped 92 million tyres to the EU at an…