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Euro area international trade in goods surplus €7.0 bn

Euro area The first estimates of euro area balance showed a €7.0 bn surplus in trade in goods with the rest of the world in June 2025, compared with +€20.7 bn in June 2024. The euro area exports of goods to the rest of the world in June 2025 were €237.2 billion, an increase of…

Business registrations and bankruptcies rise in Q2 2025

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China’s growing ‘ticket-stub economy’ fuels extended consumer spending

NANCHANG — At halftime of a football league match in East China’s Jiangxi province, spectator Li Zide unexpectedly learned that his ticket could get him half off the usual price of indoor skiing at a nearby scenic spot. “I’d always thought winter sports were expensive, but this discount was the perfect chance to give it…

Yunnan-Guizhou-Sichuan bistros facing challenges

With Yunnan-Guizhou-Sichuan bistros gaining increasing popularity, the question is whether these restaurants can achieve long-term development and success. In recent years, there have been a growing number of such restaurants — named after three provinces — and their inner and outer decor is decidedly rustic and forestlike. Signs are earthen-colored or dark green, and interior…

US tracking device claims under lens

The US government’s reported practice of secretly placing location tracking devices in targeted shipments of advanced chips showcases that it is using all kinds of tactics to implement its export control measures, experts said. Such moves severely disrupt normal business cooperation and undermine trust in US technologies and products, they added. The comments came after…

Australia eyes big influx of Chinese travelers

China is expected to regain its position as the top source country for Australia’s inbound tourism in the near future, a senior executive at Tourism Australia said. The number of Chinese travelers arriving in Australia was nearly 950,000 between June 2024 and May 2025, a year-on-year increase of 21 percent, making China the fastest-growing international…

Retirees regain ground in service jobs market

Eyeing retirees’ rich experience, better time flexibility and lower hiring costs in China, companies such as McDonald’s and Universal Beijing Resort are showing stronger interest in hiring people in this demographic group, a practice long in place but recently under the spotlight again. McDonald’s China’s old recruitment poster for retired staff recently circulated online, causing…

China’s economy maintains stable, progressive growth

China’s industrial production maintained its solid growth momentum in July, with value-added output from major industrial enterprises rising 5.7 percent year-on-year and 0.38 percent month-on-month, driven by strong performances in equipment manufacturing and high-tech sectors, which expanded by 8.4 percent and 9.3 percent respectively, official data showed on Friday. Figures released by the National Bureau…