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Industrial producer prices up by 0.8% in the euro area and by 0.7% in the EU

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Deaths by drowning in the EU down by 4% in 2022

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China issues new guidelines to rein in online platform fees

  China’s top market regulator issued new guidelines aimed at regulating how online platforms charge merchants, in a bid to reduce operational burdens for businesses and curb unfair practices in the booming digital sector. The new guidelines, published by the State Administration for Market Regulation, set out compliance requirements for fees such as commissions, membership…

Wahaha CEO’s bank account frozen in HK

The Hong Kong High Court has frozen a bank account containing $1.8 billion amid a legal battle over the inheritance of the Zong Qinghou, late founder of China’s leading beverage giant Hangzhou Wahaha Group. The defendant in the case is Zong’s daughter and current Wahaha CEO Kelly Zong Fuli, who has been sued by Zong’s…

NDRC recalibrating steps to drive growth, boost demand

A customer (L) tries gold jewelry at a shopping mall in Nantong, East China’s Jiangsu province, May 3, 2025. [Photo/Xinhua] China is poised to introduce additional macroeconomic policies as necessary to further stabilize employment and boost domestic demand, while stepping up reforms to build a unified national market, the country’s top economic regulator said on…

Zero tolerance for chips with security risks

China-made chips on display during an expo in Shanghai. CHINA DAILY China’s summons to Nvidia over the alleged cybersecurity threat posed by the US company’s H20 artificial intelligence chips sold to the country showcases Beijing’s zero tolerance toward chips with “backdoor” security risks, experts said on Friday. Such risks, if validated, will also deal a…