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The annual Spring Festival travel rush, known as chunyun, began on Monday as millions of Chinese embarked on journeys home. An estimated 188 million cross-regional trips were recorded on the first day, up 13 percent year-on-year. Officials forecast a record 9.5 billion trips over the 40-day period ending March 13.

Senin, 02 Februari 2026 Dilaporkan oleh AI

Hyundai Motor Group is seeking to restore its relevance in China, but analysts say the odds of a meaningful turnaround are slim in the hypercompetitive auto market. Beijing Hyundai, the joint venture with BAIC Group, stated it will open core capabilities in electrification and intelligent technologies, dispatch senior experts, and introduce the premium brand.

On February 2, 2026, the China International Import Expo (CIIE) released several episodes of 'CIIE Stories' videos, highlighting how international companies have achieved business breakthroughs through the platform. Representatives from firms in New Zealand, Nigeria, France, and Germany shared how the CIIE has helped them enter the Chinese market and drive innovation.

Senin, 02 Februari 2026 Dilaporkan oleh AI

Zambia has decided to repay loans and cover import costs directly to China in yuan, a move experts describe as a practical response to dollar shortages rather than a political signal, though it quietly advances China's long-term strategy to internationalize its currency.

Hong Kong’s finance chief Paul Chan has called for public spending growth not to exceed revenue increases ahead of the February 25 budget speech, while stating the local economy is off to a good start in 2026. He also painted a rosy picture for the retail sector, revealing that December sales figures, due Tuesday, will show continued growth.

Minggu, 01 Februari 2026 Dilaporkan oleh AI

An author has declined to review Eyck Freymann's new book 'Defending Taiwan: A Strategy to Prevent War with China,' proposing instead a straightforward solution: acknowledge Taiwan as Chinese territory or stay out of it. The writer views the Taiwan issue as a family matter for Chinese people, criticizing Western involvement as a legacy of imperialism.