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China extends gold buying streak in March despite price decline

A shop assistant display gold jewelry featuring the theme of the Year of the Horse, at a store in Binzhou, East China’s Shandong province, on Jan 16. [Photo/Xinhua] China’s central bank continued to increase its gold reserves in March, extending its buying streak to 17 consecutive months, even as several other central banks moved to…

EU current account surplus €86.7 bn

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Canton Fair to debut dedicated drone exhibition zone

An agricultural drone sprays liquid over a rice field in August 2025 in Nanxiong, a county-level city in northern Guangdong province. [Photo by Qiu Quanlin/chinadaily.com.cn] For the first time, the upcoming China Import and Export Fair will feature a dedicated zone for consumer-grade and agricultural drones to showcase the achievements of the low-altitude industry, according…

Starbucks China rolls out high-protein latte line nationwide to tap health trend

Starbucks China launches a new high-protein beverage range across its nationwide store network on Tuesday. [Photo provided to chinadaily.com.cn] Starbucks China is expanding into functional beverages in the country, aiming to capture health-conscious consumers and revive growth in a competitive coffee market. The coffee chain launched a new high-protein beverage range across its nationwide store network…

China’s forex reserves snap seven-month rise as stronger dollar pressures assets

China’s foreign exchange reserves declined in March, snapping a seven-month streak of increases, as a stronger US dollar and falling global asset prices weighed on valuation, official data showed on Tuesday. The country’s foreign exchange reserves stood at $3.3421 trillion at the end of March, down $85.7 billion, or 2.5 percent, from the end of…

Household saving rate decreases to 14.4% in the euro area

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89% of 16-29-year-olds used socials in 2025

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VW launches largest NEV push in China

Volkswagen showcases its ID electric models at the 2025 World New Energy Vehicle Congress in Haikou, Hainan province. CAO YINGYING/CHINA DAILY The Volkswagen Group is ramping up its NEV offensive in China, saying it plans to introduce a new model roughly every two weeks starting in 2026. The German carmaker will showcase 10 models spanning…

CFMoto launches 500SR, debuts V4 SR-RR at CFMoto Day

Chinese motorcycle manufacturer CFMoto launched the 500SR and staged the dynamic domestic debut of its V4 SR-RR during the 2026 CFMoto Day at Chengdu Tianfu International Circuit, marking the first time the event has been held in Southwest China. The V4 SR-RR — presented by the company as the first liter-class superbike developed by a…

Holiday sees over 845m passenger trips, boosts to travel, consumption activities

During the three-day Qingming Festival holiday, an estimated 845.38 million passenger trips were made across China, up 6 percent year-on-year, according to the Ministry of Transport. [Photo/Xinhua] Editor’s note: China’s Qingming Festival holiday, which ran from April 4 to 6 this year, saw a marked rise in both passenger travel and consumption, with momentum lifted…