Economic developing countries news coverage

The 132nd Canton Fair will kick off on 15th October this Saturday. Under the theme of “connecting the domestic and international circulations” This session, over 35,000 enterprises are expected to participate in the virtual event featuring 16 different product categories and 50 exhibition sections. With its updated website enabling more efficient product search and various […]

Chinese President Xi Jinping on Friday called on the Shanghai Cooperation Organization (SCO) to uphold the Shanghai Spirit, strengthen unity and cooperation, and promote the building of an even closer SCO community with a shared future. Xinhua News reported Xi made the remarks while attending the 22nd meeting of the Council of Heads of State […]

Economists say that while the worst should be over for the world’s second-largest economy, China’s efforts to contain COVID outbreaks will continue to hamper output while global economic challenges are mounting. Sky News reported China’s zero-COVID policy is being blamed for a return to the red for its economy, with experts warning that recovery will […]

Total sales by China’s e-commerce giant JD.com (9618.HK) rose 10.3% over the 18 days to Sunday during the first major shopping festival since a recent COVID-19 outbreak, the company said, sharply down from the 2021 event’s growth of 27.7%. Reuters news says This year’s figure was the slowest for the retailer, showing how consumer appetite […]

Premier Li Keqiang has reiterated China’s stance that it will unswervingly expand its opening-up and continue to make the country a big market for the world and a hot spot for foreign investment. Xinhua said on Friday Li made the remarks during a symposium on the 70th anniversary of the China Council for the Promotion […]