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The U.S. Federal Reserve kept its benchmark interest rates at 5.25 percent to 5.50 percent on Wednesday, stirring concerns of a recession. In this episode of BizBeat, CGTN’s Hou Jing discusses how high interest rates, as warned by experts like Bill Gross and Jeffrey Gundlach, pose risks to the U.S. economy.
As the world’s second largest civil aviation market, China’s fleet of commercial aircraft is expanding rapidly. This expansion translates into a surge in the need for comprehensive and efficient aircraft management throughout their entire life cycle. Aviation powerhouse Airbus has officially inaugurated its aircraft life cycle service center. In the bustling city of Chengdu Sichuan […]
Editor’s note: Gai Keke is a professor at the School of Cyberspace Science and Technology, Beijing Institute of Technology. Yu Jing is an associate professor at the Institute of Information Engineering, Chinese Academy of Sciences. The article reflects the authors’ opinions and not necessarily the views of CGTN. Artificial intelligence (AI) has become one of […]
China will continue stimulating the vitality of business entities to promote high-quality economic development, according to the State Administration for Market Regulation (SAMR). Efforts will be made in areas including deepening reform and innovation, promoting fair competition, and further innovating regulatory methods to enhance regulatory efficiency, said Pu Chun, deputy director of the State Administration […]