Since April, a sharp hike in U.S. tariffs on EU-made vehicles has dealt a heavy blow to Europe's auto industry, causing steep declines in the profits of Germany's biggest carmakers and prompting them to seek opportunities in Asia
China's total goods imports and exports in yuan-denominated terms rose to 25.7 trillion yuan (about $3.6 trillion) in the first seven months of 2025, up 3.5 percent year on year
China's job market has remained stable amid rising global challenges, supported by a range of policy measures from central and local authorities to boost employment and help companies retain jobs
Rat race competition refers to a destructive cycle in which market entities pour increasing amounts of effort and resources into competing for a limited market without generating real gains in overall productivity or returns
The rapid development of the logistics industry has brought about a cluster effect, creating opportunities for e-commerce and manufacturing in the region.
