China ready to strengthen ties with EU, says Xi

Chinese President Xi Jinping said his country is ready to work with European Union leaders to expand mutual openness and properly handle frictions and differences, the official Xinhua news agency reported on Tuesday. The comments came on the 50th anniversary of diplomatic ties between the two countries.

Holiday boosts China spending, war slows services

Chinese traveler spending surged 8% during the May Day holiday from a year earlier to 180.27 billion yen (US$24.92 billion), but still below pre-pandemic levels, while the country’s services activity expanded at its slowest pace in seven months in April. Analysts are closely watching […]