Eric huang

New Breakthrough in Domestic Medical Aesthetic Devices Accelerates Globalization

The globalization of domestically produced medical aesthetic devices is accelerating. On May 28, Eastern Time, ZenTite (Peninsula Counterclockwise) by Shenzhen Peninsula Medical Group Co., Ltd. (hereinafter referred to as “Peninsula Medical”) was installed at the Wellman Center for Photomedicine in Boston. The Wellman Center for Photomedicine is affiliated with Massachusetts General Hospital, Harvard Medical School, […]

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China Opposes New Round of Price Wars in Auto Industry

In response to the recent wave of price wars initiated by automakers, the China Association of Automobile Manufacturers (CAAM) issued the ‘Initiative on Maintaining Fair Competition Order and Promoting Healthy Industry Development,’ explicitly expressing opposition. The Ministry of Industry and Information Technology (MIIT) also voiced support for the initiative, emphasizing that ‘there are no winners

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EU Regrets US Steel and Aluminum Tariff Hike, Prepares Countermeasures

On May 31 local time, the European Commission expressed regret in a statement regarding the United States’ announcement of increased tariffs on imported steel and aluminum, stating that the EU is prepared to take countermeasures. The statement emphasized that the European Commission is currently conducting final consultations on expanding these countermeasures. If a mutually acceptable

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Morgan Stanley Strategist Bullish on Chinese Stocks Amid Weaker Dollar

On Friday, Wang Yan, Chief China Equity Strategist at Morgan Stanley, stated that undervalued and underallocated Chinese stocks are expected to attract capital inflows against the backdrop of a weakening US dollar and a strengthening renminbi. She believes that offshore markets, such as Hong Kong stocks, may perform better, as the appreciation of the renminbi

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India’s Q1 2025 GDP Growth Surges to 7.4%, Exceeding Forecasts

India’s GDP growth reached 7.4% in the first quarter of 2025, significantly surpassing the forecast of 6.6%. The country’s growth prospects remain relatively robust, primarily driven by strong domestic consumption and relatively low dependence on exports. The IMF predicts that India’s economy will reach $4.187 trillion in 2025, slightly exceeding Japan to become the world’s

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New Policy Financial Tools to Support Foreign Trade Enterprises Amid US Tariff Pressure

Facing pressure from US tariff policies since April, experts predict that policy financial institutions may introduce new policy financial tools, such as export buyer’s credit, to provide targeted support for foreign trade enterprises and mitigate the impact of external demand fluctuations. Fiscal and monetary policies are expected to offer complementary support through the expansion of

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Fed Chair Powell Meets with President Trump at White House

On Thursday, May 29, Federal Reserve Chair Jerome Powell met with U.S. President Donald Trump at the White House upon the latter’s invitation. This marked their first meeting since November 2019. Powell emphasized that the Federal Reserve formulates monetary policies aimed at supporting maximum employment and price stability, with all decisions based on careful, objective,

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Analysis of Potential Revisions to the Federal Reserve’s Monetary Policy Framework

Analysts suggest that future monetary policy frameworks may improve the measurement methods for full employment objectives by monitoring real-time employment and unemployment data to assess cyclical pressures in the labor market. Adjustments to asymmetric average inflation targeting and enhanced policy communication are also likely. The second Thomas Laubach Research Conference, held on May 15-16, 2025,

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