Biz Today

US President Joe Biden has announced higher tariffs on Chinese goods. The increases apply to about 18 billion US dollars of imports from China, including electric vehicles, semiconductors and solar cells. China says the US decision to impose additional tariffs on Chinese imports is politicizing trade and economic issues. Will the US tariff hikes increase costs for US consumers? To what extent will it damage global industrial and supply chains (00:38)?

The OECD has recently given its updated forecast on global economic growth, which it expects to hit 3.1 % this year. What’s the current state of global economy (12:39)?

During President Xi Jinping's visit to France, China and France issued joint statements on strengthening cooperation and coordination in multiple areas. The two sides have signed 18 cooperation agreements between government agencies in aviation, AI governance, people-to-people exchanges, green development, and agricultural cooperation. Following the visit to France, President Xi Jinping also pays state visits to Serbia and Hungary. So, what message does President Xi’s trip to Europe send? What’s the impact of his visit on boosting economic cooperation between China and Europe?

The 2024 Beijing International Automotive Exhibition has been held with electric and hybrid vehicles taking center stage. Featuring nearly 280 new energy models, the event impressed visitors with advanced technologies and affordable options. What are the show’s highlights, how can automakers maintain competitiveness moving forward?

Tesla CEO Elon Musk is hundreds of billions of dollars richer after receiving encouraging news during his latest China trip. The company's locally produced EVs passed the country's data security test, and the US automaker secured a deal to use maps from China’s search giant Baidu. How will these developments pave the way for Tesla’s Full Self-Driving rollout in China?

Some US and Western politicians and media outlets have recently claimed "overcapacity" in China's industrial sector. They have focused on the growth of Chinese manufacturing in new green industries like electric vehicles, lithium-ion batteries, and solar panels. In 2023, China became the world's largest auto exporter, with a significant increase in sales of new energy vehicles. What's behind China's NEV success? Why does the "overcapacity" narrative conflict with the global demand for new energy vehicles and basic economic principles?

China's economy shows sustained recovery and improvement in the first quarter, with GDP growth hitting 5.3%. Data shows that increased retail sales, investment growth, and increasing imports and exports all indicate the steady recovery of the country's economy. We’ll also hear about the latest consumption trends from the China International Consumer Products Expo in Hainan (00:53).

The IMF has lifted its global economic outlook for this year to 3.2 percent. What are the challenges and opportunities facing the world economy (19:40)?

U.S. Treasury Secretary Janet Yellen wrapped up her visit to China. What are the highlights of the visit (00:46)?

The U.S. consumer price index rose 3.5% in March. What does the latest figure mean for the Federal Reserve’s future interest rate cuts (14:36)?

China's manufacturing sector experienced its most rapid expansion in over a year in March. The official PMI rose from 49.1 in February to 50.8 in March. What does it mean for China's economy (00:37)?

A survey conducted by Japan's central bank reveals that business sentiment among major non-manufacturing companies in the country has reached a three-decade high in the first quarter of 2024. What's the current state of Japan's economy, and what is the key that will allow the central bank to raise interest rates again (18:25)?

The Boao Forum for Asia was held this week in Hainan province. Global security, the world economy, science and technology innovation, and the impact of artificial intelligence topped the agenda. The forum has released its annual report on Asia's economic prospects, calling for growth of 4.5% this year, supported mainly by solid consumption. What are the driving forces for Asia’s economy? What are the potential challenges? What advantages do Asian economies have when it comes to disruptive technologies like AI？

China's industrial output grew 7% in the year's first two months, beating expectations and marking a solid start for China's economy in 2024. Meanwhile, China has issued a broad plan to attract foreign investment further. What are the new opportunities in China (00:40)?

US tech giant NVIDIA unveils its new super-chip as it drives closer cooperation with Chinese EV maker BYD (17:27).

China's auto exports jumped over 30 percent in the first two months of this year. What were the main factors (00:43)?

Japan's economy has narrowly avoided recession after revising its official economic growth figures. However, Tokyo's stock market has been riding high since the beginning of the year despite economic stagnation. How does that happen? Is Japan's economy at a turning point (17:50)?