China's real estate industry has officially transitioned to a stock-phase development model, marking a pivotal structural shift in the country's urban housing landscape, senior housing officials confirmed on Friday.

Malaysia's exports surged 31.2 percent year-on-year to 1.36 trillion ringgit (about 330 billion US dollars) in the first eight months of 2026, putting them on track to surpass the full-year value recorded in 2025, driven in part by strong electrical and electronics shipments, official data showed

South Korea's public sector deficit hit a record high in 2025, driven by increased fiscal spending to boost the country's economy, central bank data showed Friday.The public sector balance, gauged as total revenue minus total expenditure, registered a deficit of 83.1 trillion won (60.1 billion U.S.

Editor's note: Xu Ying is a Beijing-based international affairs commentator for CGTN. The article reflects the author's opinions and not necessarily the views of CGTN. About 25 years ago, "BRIC" was little more than a catchy acronym coined by a Wall Street economist to describe four promising

Chinese and US economic and trade teams are currently maintaining close communication on a framework arrangement for reciprocal tariff reductions covering products worth $30 billion from each side, a spokesperson of China's Ministry of Commerce said on Thursday.

Do you know what the term "Yak Revolution" refers to? It's a term Chairman Mao Zedong used to describe local people's generous support for the Red Army as it passed through the treacherous grasslands of today's Aba Tibetan and Qiang Autonomous Prefecture.