A recent study commissioned by the Australia China Trade Commission showed that bilateral trade between China and Australia helped each Australian household earn an additional 2500 Australian dollars (1589 US dollars) in the previous fiscal year, equivalent to 4.5% of their disposable income per person. Among them, households in Western Australia benefit the most, with the additional income of AUD8500 per year mainly coming from China's investment in the resource ... 阅读全文

On the 19th local time, the European Council announced that it has appointed Claudia Buch, Vice President of the German Central Bank, as the Chairman of the Supervisory Board of the European Central Bank. She will hold this position for five years starting from January 1, 2024. (Reporter Liu Chanjuan from the headquarters)

A reporter asked: On October 16th, the Australian trade remedy investigation agency released a factual disclosure report on the sunset review of anti-dumping measures against China Wind Tower, believing that terminating anti-dumping measures will not cause substantial harm to the domestic industry in Australia. It is recommended to terminate the measures on April 16, 2024. May I ask if China has any comment on this? Answer: The Chinese side has noticed that the A ... 阅读全文

On the 18th local time, the Federal Reserve of the United States released the "Brown Book", also known as the National Economic Situation Survey Report. The report shows that most regions of the United States have had little or almost no change in economic activity since September.

The Indian "One World" news website recently reported that the Nobel Prize Committee has decided to award the Economics Prize to Harvard University professor Claudia Golding, which is a major victory for female economists and economic historians. Golding was the third woman to receive this honor and the first woman to enjoy it alone. However, breaking the glass ceiling is not new to Golding. She was the first woman to receive a tenured teaching position in the pr ... 阅读全文

Not long ago, the Executive Vice Chairman and Trade Commissioner of the European Commission, Dong Brovsky, publicly criticized China, saying that it was because "the opening of the Chinese market does not match the EU" that led to such a large trade deficit. Such a one-sided approach has become a common tactic of the EU. In recent days, after several setbacks, Borrelli has finally completed his first visit to China. Before leaving, Borrelli issued a warning in Be ... 阅读全文

14: At 28:04, European Central Bank regulatory committee Neger stated that he believes payments will be made in digital euros in about five years.

Just today, the Australian Bureau of Statistics released important economic data—— Unemployment rate! According to the latest data, Australia's unemployment rate fell by 0.1% in September, further increasing the likelihood of the Reserve Bank of Australia (RBA) raising interest rates again in November. The latest data from the Australian Bureau of Statistics (ABS) shows that the seasonally adjusted unemployment rate dropped to 3.6% in September. Kate Lamb, head ... 阅读全文

A survey released by the Federal Reserve on Wednesday showed that in the years following the outbreak of the pandemic, the wealth of American households experienced the most significant surge on record, with both wealthy and impoverished households experiencing a general increase in wealth. According to the triennial Consumer Financial Survey report released by the Federal Reserve, the median net worth of US households adjusted for inflation increased by 37% from ... 阅读全文

13: According to Kyodo News Agency, the Japanese government plans to obtain cabinet approval for economic measures on November 2nd.

On October 18th local time, the European Central Bank took another step on the path of promoting the digital euro. The European Central Bank stated on the same day that it will begin the two-year "preparation phase" of the digital euro on November 1st.

The 2023 annual meetings of the International Monetary Fund (IMF) and the World Bank have recently concluded in Morocco. Just two days before this meeting, on October 7th, a new round of Palestinian-Israeli conflict broke out, casting a shadow over this annual meeting. During the meeting, the International Monetary Fund released three major reports in accordance with established practice - the World Economic Outlook Report, the Global Financial Stability Report, ... 阅读全文

On October 18th local time, the European Central Bank took another step on the path of promoting the digital euro. The European Central Bank stated on the same day that it will begin the two-year "preparation phase" of the digital euro on November 1st. The European Central Bank stated on the same day that in the preparation stage, it will finalize relevant rules, select private sector partners, and carry out some relevant "tests and experiments". The European Cen ... 阅读全文

According to the South Korean Ministry of Trade and Industry, South Korean exports decreased by 4.4% year-on-year in September. This is the 12th consecutive month of decline in South Korean exports. The semiconductor industry's exports fell by 13.6%, the smallest decline in 12 months. This decline has led to South Korea's GDP falling directly out of the world's top ten. Originally thinking that the economy would enter spring after the epidemic, South Korea follow ... 阅读全文

With the rise of interest rates in the United States, global financial markets are undergoing a significant transformation. Among them, the internationalization process of the RMB has been significantly promoted. Why has the Chinese yuan become the preferred choice for many debtors against the backdrop of rising borrowing costs in the US dollar? Why is the RMB share of Bank of China's overseas loans and bond issuance sharply increasing? The rise in interest rates ... 阅读全文

The trade between China and Australia is bringing tangible benefits to thousands of households in Australia. The latest research shows that Australian households earn an additional 2500 Australian dollars annually due to trade cooperation with China, accounting for 4.5% of their disposable income. This is another successful case of trade cooperation between China and Australia. The preliminary research report by the Australian China Business Council (ACBC) shows ... 阅读全文

Viewpoint Hong Kong News: On October 19th, the US Federal Reserve's economic report, known as the "Brown Book," showed that economic activity in most Fed jurisdictions had little or no change, and the tight job market continued to ease while prices remained moderate. It is estimated that economic growth will slightly slow down in the short term. The report points out that overall, companies expect prices to rise in the coming quarters, but the increase is lower t ... 阅读全文

preface Since the reform and opening up in 1978, China's economic construction has made significant progress. Especially after joining the World Trade Organization in 2001, the economic growth rate significantly increased, becoming the fastest growing economy in the world. The living standards and urbanization level of the people are also constantly improving. This series of high economic growth is considered a "Chinese miracle" by the outside world, and has also ... 阅读全文

The French Economic Situation Observatory (OFCE) predicts that the unemployment rate in France will rise in the second half of 2023, especially in 2024. According to Agence France Presse, the macroeconomic forecast released by the French Economic Situation Observatory on the 17th shows that after strong employment growth in the past few years, France will experience a "reversal of the unemployment curve" by the end of 2023, especially in 2024. According to the Fr ... 阅读全文

According to a report by Yomiuri Shimbun on the 19th, Japan's Ministry of Finance released trade statistics for the first half of 2023 on the same day, showing that Japan's overall trade deficit from April to September after deducting imports was 2.7183 trillion yen. The trade surplus in September announced at the same time was 62.4 billion yen. (Reporter Li Weibing from the headquarters)