VirtualRichDream

Analysts suggest that China's strategic move to enhance its position as a global gold hub follows France's repatriation of gold reserves. They highlight the potential of Hong Kong's fintech capabilities amid growing concerns about US dollar dominance and policy instability.

China is constructing the world's highest-altitude solar power plant in Tibet, featuring a 50-megawatt capacity and a 400-megawatt photovoltaic system. Set for completion by 2027, it aims to enhance energy security amid global supply volatility using advanced parabolic trough technology and molten salt storage.

Luxury goods are set for recovery in 2026, with predictions of 5.5-6% global sales growth driven by China's resurgence and US consumer strength, despite geopolitical challenges. Analysts caution about potential volatility in China's economic recovery.

China is enhancing agricultural trade with Ukraine by opening its wheat flour market, aiming for deeper cooperation. A recent protocol signed emphasizes the strategic partnership and potential for growth, benefiting both nations' economies.

China's new supply chain security regulation empowers officials to punish entities threatening access to critical resources. The 18-point rule, effective March 31, elevates supply chain issues to national security, mandates risk monitoring, and allows investigations into external disruptions, enabling countermeasures against those found non-compliant.

Beijing is intensifying tax enforcement on citizens' offshore assets, broadening its focus from ultra-wealthy individuals to retail investors. With self-declaration of overseas income mandatory, tax authorities are recovering significant funds, highlighting compliance concerns.

_Rare earths are needed for everything from consumer electronics to electric vehicles, wind turbines and fighter jets – and China controls the supply chain. In the second of a four-part series, we look at how China gradually took a commanding role in the rare earth industry, and how the US is now

China improved its ranking to 19th in the 2025 Elite Quality Index, noted for its strengths in AI and manufacturing. The report highlights Asian economies' strong performance, with a notable increase in China's AI value creation.

Amidst economic downturns in China's megacities, Starbucks shifts focus to expanding in lower-tier counties, where a growing middle class is driving consumption through greater purchasing power and lifestyle changes.

China has completed the underwater segment of a 14km high-speed rail tunnel under the Yangtze River, linking Chongming Island and Taicang. This part of a larger project aims for faster connections along the eastern coast and contributes to a 2,000km railway expansion.

Chinese short-haul visits to South Korea are expected to rise due to new multiple-entry visa rules, though competition from Southeast Asia and rising airfares may limit this impact. Despite increasing visitor numbers, repeat-visit rates are lower than those for Japan or Thailand.

The oil crisis from the US-Israel war against Iran impacts Asian economies, with increased inflation and reduced growth forecasts. While Japan, South Korea, and China remain relatively insulated, lower-income Southeast Asian countries face significant challenges, potentially slowing their growth.

Analysts suggest that mainstream metrics may underestimate the yuan's role in global payments, as increasing transactions utilize China's own payment systems. This highlights a discrepancy between official data and tracking systems like Swift, affecting the yuan's perceived ranking in global payments.

PetroChina maintains stable operations despite disruptions in the Strait of Hormuz, though its Middle East investments are affected, with 10% of imports reliant on the strait. Chinese vessels are successfully transiting the area, as tensions persist.

The US government has launched an AI export initiative to enhance American technological leadership and counter China's influence. US companies are invited to form consortiums for global AI solutions, with support from the International Trade Administration.

China is constructing the world's highest-altitude solar power plant in Tibet, featuring a 50-megawatt capacity and a 400-megawatt photovoltaic system. Set for completion by 2027, it aims to enhance energy security amid global supply volatility using advanced parabolic trough technology and molten salt storage.

Luxury goods are set for recovery in 2026, with predictions of 5.5-6% global sales growth driven by China's resurgence and US consumer strength, despite geopolitical challenges. Analysts caution about potential volatility in China's economic recovery.

China is enhancing agricultural trade with Ukraine by opening its wheat flour market, aiming for deeper cooperation. A recent protocol signed emphasizes the strategic partnership and potential for growth, benefiting both nations' economies.

China plans a second round of frozen pork stockpiling this year due to plunging hog prices, aiming to stabilize the market and protect rural incomes. The initiative is part of official efforts to counter deflationary pressures and support farmers amid rising production costs.