economy

Litang in southwest China’s Sichuan province reveals tourism secrets

Litang in southwest China’s Sichuan province reveals tourism secrets

Litang County is located in the southwestern part of Garze Tibetan Autonomous Prefecture, southwest China’s Sichuan Province. Located on a plateau with an average altitude of over 4000 meters, it is known as the “City in the Sky”. With snow-capped mountains and picturesque grasslands, the scenery there is breathtaking. Thanks to the internet and the …

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New cars are becoming more affordable.  That’s good for buyers and auto stocks.

New cars are becoming more affordable. That’s good for buyers and auto stocks.

The high cost of new cars has been a concern among buyers and investors in the automotive sector for several years since Covid-19 ravaged the global economy. But now a change is happening. New cars are becoming more affordable — and that’s a good thing for car buyers. This is good even for car investors …

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Texas opens economic stimulus program to replace Chapter 313

Texas opens economic stimulus program to replace Chapter 313

Sign up for The Brief, The Texas Tribune’s daily newsletter that informs readers of the most important Texas news. Texas on Thursday launched a new economic stimulus program designed to bring new companies and jobs to the state, replacing a previous job creation system that lawmakers phased out after complaints that it contributed to inequality …

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Opinion |  Why China will focus on technology but get involved in politics at the NPC meeting

Opinion | Why China will focus on technology but get involved in politics at the NPC meeting

The resulting bubble created a massive interest group that hijacked government policy and public opinion for two decades. Bubble-fueled GDP growth is dangerous – stopping it can reduce the size of a country’s GDP, but it will also make the economy healthier in the long run. This is where China is today. Those who remember …

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Texas is launching a new property tax incentive program to attract new businesses

Texas is launching a new property tax incentive program to attract new businesses

Sign up for The Brief, The Texas Tribune’s daily newsletter that informs readers of the most important Texas news. Governor Greg Abbott has announced the opening of applications for the Texas Jobs Energy, Technology and Innovation, or JETI, program. Passed with bipartisan support by lawmakers last year, it would provide property tax abatements to eligible …

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Small business confidence hits highest level since Biden took office

Small business confidence hits highest level since Biden took office

Economic optimism among business owners is rising as CNBC|SurveyMonkey’s quarterly small business confidence index hits its highest level since Joe Biden took office in 2021. Twenty-eight percent of small business owners say the current state of the economy is “excellent” or “good,” up five percentage points from the previous quarter. Still, inflation concerns remain and …

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Galaxy International Convention Center – Macau’s world-renowned landmark for culture and entertainment

Galaxy International Convention Center – Macau’s world-renowned landmark for culture and entertainment

[The content of this article has been produced by our advertising partner.] Accelerating Macau’s development into a ‘City of Sports’ with the unveiling of world-class events Galaxy Entertainment Group (“GEG”) is firmly aligned with the Macao SAR Government’s “1+4” Adequate Diversification Development Strategy aimed at achieving moderate economic diversification. With a strong focus on culture …

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Hong Kong’s rule-changing new capital investment entry scheme

Hong Kong’s rule-changing new capital investment entry scheme

[The content of this article has been produced by our advertising partner.] Hong Kong has witnessed a remarkable surge in the growth of family businesses, particularly from the Asia-Pacific region. According to global property consultants Knight Frank, the number of ultra high net worth (UHNW) people in the region is growing faster than anywhere else …

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Taylor Swift’s Eras tour will bring .2 billion to the Australian economy in Melbourne alone

Taylor Swift’s Eras tour will bring $1.2 billion to the Australian economy in Melbourne alone

As Taylor Swift kicks off her Eras tour in Australia on Friday, Genevieve Milne will be among a legion of fans, providing what is likely to be only a fleeting boost to the economy. The 19-year-old student will spend about A$2,000 ($1,300) on tickets, flights and accommodation to see the show twice in Melbourne and …

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