China Business NOW

Hi everyone. I’m Stephanie LI. Coming up on today’s program China's social financing surges in first 4 months, with this year’s first RRR cut expected to further lift market demand; US container bookings for shipments from China surged threefold after the two countries mutually lowered tariffs. Here’s what you need to know about China in the past 24 hours  China’s central bank cut the reserve...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China-Brazil financial cooperation highlights vitality in China-LAC community with a shared future; Hong Kong seeks to ink free-trade deals with Gulf nations. Here’s what you need to know about China in the past 24 hours  The central banks of China and Brazil on Tuesday inked a memorandum of understanding (MOU) on financial strategic...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China's commerce ministry holds meeting with trade companies, vows full support for firms to overcome difficulties; The PBOC and four other authorities announced 30 measures to boost Nansha’s role in GBA finance opening-up. Here’s what you need to know about China in the past 24 hours  Despite mounting external pressures, China's for...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Asian stocks rose as China and the US made “substantial progress” on trade talks; China and the US announce measures to ease tariff tensions. Here’s what you need to know about China in the past 24 hours Asian stock markets rose on Monday amid substantial progress in the high-stakes China-US trade talks in Geneva over the weekend. China’s...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China adopts first law promoting private sector, underscoring “nation's commitment to safeguarding rights of private businesses”; China expects to handle 144 million railway passenger trips over May Day holiday. Here’s what you need to know about China in the past 24 hours  China's national lawmakers on Wednesday voted to adopt the c...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China’s inbound tourism trips for Labor Day holiday surge 173%, trip.com says; Goldman Sachs raises 2025 southbound fund flow forecast due to growing attractiveness of HK stocks. Here’s what you need to know about China in the past 24 hours  The number of inbound tourism orders for the upcoming Labor Day holiday on Trip. Com has clim...

Hi everyone. I’m Stephanie LI. Coming up on today’s program The NDRC expressed confidence in achieving full-year development targets after China released data showing upturn of industrial profits in Q1; 137th Canton Fair draws over 220,000 overseas buyers. Here’s what you need to know about China in the past 24 hours  With ample policy reserves and sufficient policy room, China is fully confi...

Hello! Welcome to this edition of CBN Perspective. I’m Stephanie Li. In recent weeks, Hollywood has found itself at the epicenter of a crisis fueled by geopolitical tensions and economic uncertainty.  The Trump administration’s tariffs on Chinese imports—and Beijing’s countermeasures—have sent shockwaves through the American film industry, exposing vulnerabilities that threaten its global dom...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China’s central bank governor warned of the world veering towards “high friction, low trust” in Washington meeting; Commerce ministry met with foreign firms to discuss US tariff impact. Here’s what you need to know about China in the past 24 hours  China will persist in opening up to the outside world, firmly support the rules of fre...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Global shares gain after US says tariffs on China will drop “substantially”; IMF downgrades global growth forecast to 2.8% in 2025 amid increased tariffs. Here’s what you need to know about China in the past 24 hours  Asian shares mostly rose Wednesday after US stocks advanced on Tuesday, as investors grew optimistic that US-China tr...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Chinese and Asian equities become more appealing as they stabilize amid trade tensions and Wall Street fallout; Ant Group begins cross-border trade operation centers in Guangzhou. Here’s what you need to know about China in the past 24 hours  With rising strategic importance in terms of improving expectations and boosting confid...

Hi everyone. I’m Stephanie LI. Coming up on today’s program May Day travel bookings surge, signaling robust Q2 consumption growth; Over 40% of new private enterprises are registered in the "four new economies” in Q1. Here’s what you need to know about China in the past 24 hours  As China gears up for the May Day holidays, a wave of travel bookings has swept across online travel platforms, pai...

Stephanie: Hello! Welcome to this edition of CBN Correspondent. I’m Stephanie Li. In the lively springtime of Guangzhou, the 137th Canton Fair, the world's biggest trade event, opened its doors to welcome global buyers.   While the United States tries to create a new trade order that is exclusively beneficial to itself with its so-called “reciprocal tariffs,” more than 31,000 enterprises are...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Chinese travel to ASEAN soars 40% in Q1, fueled by tourism and business demand; Nvidia CEO Jenson Huang arrived in Beijing. Here’s what you need to know about China in the past 24 hours  Outbound travel from the Chinese mainland to ASEAN destinations surged in the first quarter of 2025, driven by both steady growth in leisure tourism...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China’s economy got off to a strong start in Q1 of 2025; E-commerce platforms from China top US' shopping apps download chart. Here’s what you need to know about China in the past 24 hours  China's gross domestic product expanded by 5.4 percent year-on-year in the first quarter, the same pace as the previous quarter, official data sh...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Canton Fair kicks off with record export exhibitor turnout and new thematic zones debut; China sees 33.4% growth in foreign visitors in Q1. Here’s what you need to know about China in the past 24 hours  The China Import and Export Fair, also known as Canton Fair, which is one of the world's largest trade events, kicks off its 137th s...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China's foreign trade grew 1.3% in the first quarter of 2025; Guangdong firms including BYD and Huawei offer over 35,000 positions at Shanghai job fair. Here’s what you need to know about China in the past 24 hours  Despite a complex and challenging external environment, "the sky won't fall" for China's export, a Chinese customs offi...

Hello! Welcome to this edition of CBN Perspective. I’m Stephanie Li. The internet’s latest obsession isn’t another TikTok dance trend or AI-generated meme – it’s watching American YouTuber widely known as IShowSpeed in the US and as "Hyperthyroid Bro" in Chinese cyberspace, get culturally ambushed by everything from Sichuan hotpot to Shaolin sticks.  "This is what China looks like! This is Ch...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China and the EU vowed to jointly uphold the multilateral trading system with the WTO at its core; China rolls out “refund-upon-purchase” tax policy nationwide for foreign tourists. Here’s what you need to know about China in the past 24 hours  The joint efforts of China and the European Union to uphold a rules-based multilateral tra...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Chinese state-owned investment funds raise ETF holdings, while SOEs and listed firms announce buybacks to stabilize capital market; China takes strong stance against US threat of additional 50% tariff. Here’s what you need to know about China in the past 24 hours  China has launched its own version of a "stock market stabilization fu...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Global markets open on a tailspin on Monday caused by Washington’s “reciprocal tariffs” policy; China’s foreign exchange reserves hovering at over $3.2 trillion for 16 consecutive months. Here’s what you need to know about China in the past 24 hours  Global markets kicked off the week with a sharp downturn on Monday amid growing jitt...

Hi everyone. I’m Stephanie LI. Coming up on today’s program US announces sweeping “reciprocal tariffs,” sparking strong responses from multiple countries; China’s semiconductor sector shows strong performance in 2024. Here’s what you need to know about China in the past 24 hours  Amid widespread opposition, US President Donald Trump declared a "national emergency" and announced a sweeping "re...

Hi everyone. I’m Stephanie LI. Coming up on today’s program US so-called “reciprocal” tariffs are set to take effect, triggering widespread opposition and market uncertainty; Leapmotor tops Li Auto to become China's best-selling NEV startup in March. Here’s what you need to know about China in the past 24 hours  The new US administration is set to announce the reciprocal tariffs on Wednesday...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China’s 4 state-owned banks will bring in Finance Ministry as strategic investor, a move to reinforce capital adequacy; Immigration authority forecasts 2.1 million passenger border crossings during upcoming Qingming holiday. Here’s what you need to know about China in the past 24 hours  China's major State-owned commercial banks plan...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China, South Korea and Japan agreed to enhance trade cooperation as US is implementing reciprocal tariffs on April 2; China’s manufacturing PMI rises to 50.5 in March. Here’s what you need to know about China in the past 24 hours  Top trade officials from China, Japan and South Korea exchanged in-depth views on the enhancement of tra...