Dissecting the numbers in the China-US trade relationship

U.S. Trade Representative Robert Lighthizer has hinted that a trade deal with China is not yet certain. Lighthizer testified before Congress and said implementing an agreement would be a long process. Over the weekend, U.S. President Donald Trump pushed back a deadline for new tariffs on Chinese goods. At the heart of the matter is a trading relationship worth more than $635 billion. CGTN’s Gerald Tan explains some of the key numbers in this story. The world’s two largest economies are locked in an all-out trade war. The big question: why? The latest annual figures help paint a picture. In 2017, the United States imported $505.5 billion worth of goods from China. But it exported just $129.9 billion of goods […]


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Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]