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China expands visa-free access, boosting global travel
This year, China has steadily introduced more visa facilitation measures, broadening the list of countries with visa exemptions. Currently, China has implemented or is set to implement unilateral visa-free policies with 38 countries. As this “circle of friends” keeps expanding, enthusiasm over traveling to China continues to soar. (Cover via CFP) <img src='https://news.cgtn.com/news/2024-11-23/China-expands-visa-free-access-boosting-global-travel-1yLsSMIZToY/img/71ba3625cbe64246b35ac8ecb1240242/71ba3625cbe64246b35ac8ecb1240242.png' alt=''
Former Fed vice chair: Important to start and keep cutting rates
The U.S. central bank Federal Reserve on Wednesday lowered its interest rate by a half percentage point, or 50 basis points, amid signs that inflation was moderating and the labor market was weakening. The important point is to start and continue cutting rates because the markets will anticipate, said former Federal Reserve Vice Chairman Donald […]
European Central Bank cuts interest rates by 25 basis points
The European Central Bank on Thursday cut its interest rates by 0.25 percentage points because “inflation is on track to settle at around 2 percent target.” The euro area economy has been building up some resilience against global shocks. However, the growth outlook has deteriorated owing to rising trade tensions, the central bank said in a […]