China's consumer prices rose 1.0% year-on-year in July
In July, China's consumer price increased by 1.0% year-on-year, expected to increase by 0.8%, and the previous value increased by 1.1%.
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Consumer Staples
The Billion-Dollar European Caviar Business, Now Disrupted by China
In the kitchen of a Michelin three-star restaurant in Beijing, the chef carefully opens a tin of black "treasures." Each translucent caviar pearl inside is immensely valuable, with prices reaching as high as 10,000 RMB per kilogram. Yet this "black gold" caviar does not come from the Caspian Sea or the Volga River. Instead, it originates from Quzhou, Zhejiang, China. This seemingly impossible fact marks a silent revolution in the Chinese caviar industry.
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Indonesia plans to establish 7 to 9 new economic zones over the next four years as part of its strategy to attract more investment and drive economic growth, according to Coordinating Minister for Economic Affairs, Airlangga Hartarto.
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