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A European heatwave sparks massive demand for Chinese air conditioners and fans, with Alibaba's AliExpress and Alibaba.com seeing triple-digit growth in sales, particularly in Germany, Spain, Italy, Sweden, and Belgium.
Pinduoduo Expands into Xiongan New Area with First Property Acquisition
Chinese e-commerce firm Pinduoduo signs agreement for e-commerce industrial park in Xiongan New Area, Hebei province, marking its first property acquisition, aiming to hire over 5,000 employees.
Northern Metropolis Faces Mission Mismatch and Mechanism Gap
Hong Kong's Northern Metropolis, aimed at being a science and innovation hub, faces challenges as universities prioritize campus expansion over research and industrial incubation, highlighting a mission mismatch and lack of pathways to translate discoveries into industry.
九部门联合发文放松汽车后市场政策，改装、赛事经济、经典车收藏迎来爆发式增长
近期，九部门联合发布政策，放松汽车后市场管制，汽车改装、赛事经济和经典车收藏等领域迎来爆发式增长，推动汽车消费市场高质量升级。
元大投顧：台經濟今年GDP增速預計達11.05%
元大投顧預計台灣今年GDP增速將達11.05%，高於中央銀行的9.45%和統計局的9.64%，主要驅動來自出口、內投資和民間消費的強勁成長。
Shadow Banking Risks: BIS Warns of Rapid Downturn in Interconnected Financial System
BIS warns shadow banking's lack of oversight may lead to rapid financial downturn due to interconnected vulnerabilities, citing potential for faster correction than previous banking crises.