As Chinese NEV exports gain momentum, the industry is struggling with a shortage of car-shipping vessels, which has resulted in price hikes for international shipping.

随着中国新能源汽车出口势头的增强，该行业正与汽车运输船只短缺作斗争，这导致国际运输价格上涨。

The demand for Laba garlic hikes especially during the Chinese New Year period, because with its lush green hue and a tantalizing blend of sour and mild spice, the dish is considered as the best condiment for Jiaozi, Chinese dumplings.

腊八蒜的需求量增加，尤其是在春节期间，因为它有着浓郁的绿色色调和诱人的酸味和温和的香料，被认为是饺子的最佳调味品。

With the global price hike of fuel oil and shortage of supplies due to the Russia-Ukraine conflict, Bangladesh is contemplating importing dozens of LNG cargoes from long-term suppliers to cope with the mounting natural gas demand.

随着全球燃料油价格上涨和俄乌冲突导致的供应短缺，孟加拉国正在考虑从长期供应商那里进口数十批液化天然气货物，以应对日益增长的天然气需求。

"These moves will bolster cross-border business activity and speed up the global economic recovery, which is hampered by the COVID-19 pandemic, geopolitical tension and interest-rate hikes in developed economies," Zhao said.

赵表示：“这些举措将促进跨境商业活动，加快全球经济复苏，而全球经济复苏受到新冠肺炎疫情、地缘政治紧张局势和发达经济体加息的阻碍。”。

"The shortage of air cargo capacity, specialized air cargo enterprises and hikes in transportation costs have become acute amid the COVID-19 pandemic," Yang said, adding the permit to operate an air cargo fleet will help JD enhance delivery efficiency, especially in the cross-provincial and cross-border logistics segment, boost its long-haul freight capacity and ensure smooth operation of supply chains.

杨表示：“在新冠肺炎疫情期间，航空货运能力、专业航空货运企业的短缺和运输成本的上涨变得尤为严重，提高其长途货运能力，确保供应链的平稳运行。

He said the shortage of air cargo capacity, specialized air cargo enterprises and hikes in transport costs became pronounced amid the COVID-19 pandemic, and also impeded the country's push to build a modern distribution system during the 14th Five-Year Plan period (2021-25).

他表示，在新冠肺炎大流行期间，航空货运能力、专业航空货运企业的短缺和运输成本的上涨变得明显，也阻碍了该国在“十四五”期间（2021-25年）建设现代化配送系统的努力。

Also, these traditional mowers rely heavily on human labor, which hikes lawn maintenance costs," Ren said.

A short supply and price hike of key materials crucial to electronic appliances lasted over a year, while shortages of containers and cargos, as well as skyrocketing shipping fees threatened the operation of the SEMP TCL's manufacturing base in Manaus, Amazon state.

Meanwhile, cities experienced price hikes in recent months, in the likes of Hangzhou and Ningbo in Zhejiang province, Wuxi in Jiangsu province and Shenyang in Liaoning province, where they are tightening their restrictions on home purchases," said Yan Yuejin, research director at the E-House China R&D Institute.

Alibaba is going to purchase another 12 percent of YTO Express stakes for 6.6 billion yuan, which will hike its shareholding in the Chinese courier to 22.5 percent, according to YTO Express.

"Farnier said he is a nature-lover who often skis, sails and hikes, suggesting a possible link to this passion for sustainability.

With the recent White House's Sept 1 tariff hike on apparel from China announced only a few weeks before it hit, Swenson and her team ramped up production and called on their Chinese partners to deliver.

The liquor maker attributed its solid profit and revenue growth to both sales volume growth and price hikes of its core product as well as its optimized product structure.

The liquor maker said the profit and revenue growth came after its product structure adjustment and both sales volume growth and price hikes of its core product Wuliangye, a well-known brand of baijiu in China.

Its revenue rose 32.6 percent year-on-year to 40 billion yuan mainly due to sales growth and price hikes, the company said.

The announcement came shortly after its rival China Unicom said it had posted a 457.8 percent hike in net profit for 2018 to 10.19 billion yuan, as a result of strong data revenue growth and benefits from the company's mixed ownership reform.

"Chaos and fare hikes is the typical train fare story in Britain," said Devine.

"I would suggest that the price hike in China should be limited to 20 percent compared to the price tag in the country of origin," she said.

China's biggest online marketplace for long-haul deliveries is in advanced negotiations with new and existing backers, including SoftBank Group Corp and Tencent Holdings Ltd, on a funding round that could hike its valuation by as much as 40 percent to $9 billion, the people said, requesting not to be named discussing private deals.

Ma and his family's wealth increased by $10 billion to $39 billion, on the back of a hike in the valuation of online payment arm Alipay's mothership Ant Financial.

Ma and his family's wealth increased by $10 billion to $39 billion, on the back of a hike in the valuation of the online payment arm Alipay's mothership Ant Financial.

"Among the potentially affected enterprises, foreign-funded enterprises will account for nearly 50 percent," Gao said, stressing that the US tariff hikes will lead to a lose-lose situation.

The Sichuan-style spicy hotpot restaurant chain's listing is the latest in a string of technology IPOs in the city against the backdrop of a heated trade dispute between China and the United States, ongoing turmoil in emerging markets as well as lingering worries of further US interest rate hikes, which have cooled market sentiment for technology IPOs in the city.

In mid July, the US announced a second possible raft of tariff hikes targeting a wider range of Chinese imports worth $200 billion.

The inflation so long-awaited by many is, however, challenging for insurers if inflation hikes are very sudden.

We wouldn't worry that the (China-US) trade tension may result in a tariff hike on our blowers.

One minute can cost 100,000-300,000 yuan and "some companies hike their prices to 1 million yuan a minute when they carry out medium-term projects," he said.

The company attributed the expected profit hike mainly to growing sales compared with 2016.

The Chinese market has achieved a 150 percent year-on-year hike in infant formula sales in the 2017 financial year, the report added.

"Industrial companies generally saw a hike in operational costs in recent years, which was caused in part by rising housing prices.

[Photo/Agencies]Two major Chinese courier companies announced price hikes on Tuesday and Wednesday ahead of November 11, which will see China's largest online shopping festival.

Neither company disclosed the scale of price hikes.

Even for those not eligible for such entitlements, the service can help them avoid rental scams and refrain from sudden rate hikes, thanks to Alipay's real-name registration rules and credit checks using big data, he noted.

Ming Ming, chief economist of CITIC Securities, said: "Since the last rate hike in July 2023, the Fed has been constantly playing with the market by releasing hawkish signals, trying to correct the expectation of a premature start of interest rate cuts.

Tech firms urged to hike investments in basic research, strategic fieldsChina's efforts to boost its digital economy and platform companies, and speed up the integration of the digital and real economy will foster new growth drivers and inject strong impetus into the country's economic recovery amid downward pressure, experts and company executives said.

"The delayed impact of aggressive interest rate hikes by central banks in Europe and the US could potentially dampen the outlook for global demand," he said, adding that the resurgence of trade protectionism and the impact of volatility in global financial markets further contribute to the challenges facing China's foreign trade.

However, the growth may be marginal, as the increased likelihood of interest rate hikes in the United States may mitigate the upward trend, he said.

Besides, the slowdown in the global economy reduces exports from African countries and their ability to earn foreign exchange and repay debt, while monetary tightening in the United States and other advanced countries causes interest rate hikes, forcing African countries to pay more on their borrowings.

From the perspective of spending, although the Fed's continuous interest rate hikes have pushed the benchmark interest rate to record highs, excess savings of the household sector have been supporting private consumption expenditures to maintain a strong growth level.

Last but not least, the relentless interest rate hikes by the US Federal Reserve, coupled with the impact of the COVID-19 pandemic, have posed unprecedented challenges to debt management and governance in countries involved in the BRI.

The recent aggressive interest rate hikes by the Fed have pushed countries with substantial US dollar-denominated debts into drastic debt crises.

The firm said its first half revenue and net profit climbed 22.57 percent and 39.86 percent year-on-year, respectively, joining the ranks of other time-honored brands with double-digit or triple-digit profit hikes, such as Tongqinglou and Quanjude.

Shanghai-listed offline supermarket and department store operators saw a 46 percent net profit hike year-on-year, said the stock exchange.

The firm said its H1 revenue and net profit climbed 22.57 percent and 39.86 percent, respectively, joining the ranks of other time-honored brands with double-digit or triple-digit profit hikes, such as Tongqinglou and Quanjude.

Shanghai-listed offline supermarket and department store operators saw a 46-percent net profit hike, said the stock exchange.

The Fed's aggressive rate increases since last year have the potential to stress the global financial system as the US dollar soars, but the impact has been muted by largely synchronized central bank rate hikes and other actions taken by monetary authorities to prevent widespread dollar funding issues for companies and offset the impact of weakening currencies.

While US inflation has fallen and policymakers largely agree that rate hikes are nearing an end, economic growth has remained unexpectedly strong, which could potentially trigger a central bank response - something Fed Chair Jerome Powell noted in remarks on Aug 25.

"There may be a significant further drag in the pipeline," Powell said on Aug 25, a reason to hold off on further hikes and study how the economy evolves.

Japanese professor Hasegawa said that the stable development of China's economy is crucial to the recovery of the world economy amid interest rate hikes in the United States and Europe as well as uncertainties in the world economic and financial environment.

It is now the right time for China to roll out a new round of economic stimulus, with private investment a key focus, as faltering recovery momentum has intensified employment pressures while the United States has paused interest rate hikes, experts said on Thursday.

There are five takeaways regarding the economic situation this year — China will once again lead the world in terms of economic recovery; the real estate market is witnessing some green shoots of resurgence; the stock market is expected to witness a structural bull market; the country will maintain an accommodative monetary policy; the US Federal Reserve will likely pause rate hikes and will start cutting interest rates going forward.

"Unicorn companies experienced rapid growth in the first half of last year, but then slowed down sharply, mainly due to interest rate hikes in the US, global economic downturn and other uncertainties, leading to investment institutions almost halting the funding of new projects.

Second, the US Federal Reserve's steep interest rate hikes may continue to escalate global market volatility.

Affected by the Fed's interest rate hikes, smaller economies such as Lebanon have suffered from capital outflows, currency depreciation, high foreign debt and asset price declines, and their economies have fallen into recession.

The central bank also noted in the report that Brazil's total international reserves fell from $362.2 billion in 2021 to $324.7 billion in 2022, due to loss in portfolio returns amid the US Federal Reserve's rate hikes and dollar appreciation.

Wang Chunying, deputy head of SAFE, said the size of the country's external debt is expected to stay generally stable while attributing the decline in 2022 to the interest rate hikes of the US Federal Reserve and elevated global inflation.

The failure of SVB, he said, is mostly attributable to the US Federal Reserve's long-term quantitative easing program that was followed by its recent sharp rate hikes totaling 500 basis points, which induced a misalignment of the financial assets of the entire financial system in the US and many European countries.

Zhu Min, vice-chairman of the China Center for International Economic Exchanges, highlighted the importance of financial stability, saying it is unlikely that there will be a new round of interest rate hikes by the US Federal Reserve in the near term.

On Wednesday, the Fed raised its benchmark interest rate by 25 basis points, to the range of 4.75 percent to 5 percent, signaling its priority to bring down inflation even as aggressive rate hikes in the past year triggered the collapse of Silicon Valley Bank and Signature Bank.

As explained by Rupert Hoogewerf, chairman and chief researcher of Hurun Report, such drastic contraction can be largely attributed to the sluggish performance of the stock market last year, which was a combined result of interest rate hikes, the appreciation of the US dollar, the popping of a COVID-driven tech bubble and the continued impact of the Russia-Ukraine conflict.

Experts warned that the turmoil could further evolve as the Fed's rate hike cycle is yet to come to an end, with its latest interest rate decision due to be unveiled on Wednesday.

There were also continuous interest rate hikes in Europe and the US that suppressed consumer demand and investment demand, thus weighing on China's exports.

Economic fundamentals in the United States, which have exceeded market expectations since the beginning of this year, may result in higher-than-expected interest rate hikes.

Zhou forecast that China's exports will likely gain growth impetus on expected overseas demand rebound in the second half of the year, when interest rate hikes in developed economies are seen slowing or ceasing altogether.

The US Federal Reserve's interest rate hikes are still ongoing and policymakers need to be vigilant on domestic inflationary pressure," said Wen Bin, chief economist at China Minsheng Bank.

Deutsche Bank hikes forecast to 6%; other foreign lenders also bullishChina's economy will likely see an overall recovery and improvement in 2023, providing a strong boost to global economic growth, said a senior economist.

But the aggressive Fed interest rate hikes later led to risk-aversion in credit markets, hurting M&A market sentiment.

In the first three quarters of 2022, turnover of domestic heating appliances, including electric water heaters and electric blankets, soared dramatically due to natural gas price hikes.

This year's labor market boom also benefited from intensified efforts from companies and local governments to retain qualified workers, including salary hikes and bonuses for returned workers.

Despite the recent hike, the commission predicts that the international market will see a downward trend in the short term, as demand for winter heating is gradually fading and European countries have already stocked up on crude oil and refined oil products in advance.

For example, US growth will slow to 1.4 percent in 2023 as Federal Reserve interest-rate hikes work their way through the economy, and the growth is expected to bottom out at 0.7 percent this year in the eurozone, where conditions are more challenging despite signs of resilience to the energy crisis, a mild winter and generous fiscal support.

The US stock market is still undergoing much volatility against the backdrop of unclear expectations of interest rate hikes.

The country has established a price subsidy mechanism to offer financial aid to vulnerable communities in case of price hikes.

While interest rates will remain high in the US, any hike levels will likely be lower.

Xu Mingqi, a researcher at the Shanghai Academy of Social Sciences, said that the Chinese financial market this year — one growing in global importance — will show higher volatility due to some economies' solvency difficulties after rounds of interest rate hikes.

But the renminbi may still feel some depreciation pressure from the greenback in the near term as the Fed rate hike cycle has yet to end while COVID-19 uncertainties remain in China, she said.

As the appreciation of China's currency, trade protectionism and interest rate hikes in other parts of the world may pile pressure on Chinese exporters next year, it is vital for the government to introduce new policies to mitigate risks and create conditions for exporters to secure more foreign orders, especially in the area of cross-border e-commerce, said Mao Zhenhua, co-director of the Institute of Economic Research at the Beijing-based Renmin University of China.

In the first three quarters, turnover of domestic heating appliances－including electric water heaters and electric blankets－soared dramatically due to natural gas price hikes.

In terms of the RMB exchange rate, now that the appreciation of the US dollar has ended and interest rate hikes outside China have slowed, the pressure of RMB appreciation is gradually picking up.

China's fiscal and monetary policies may maintain an accommodative stance with controllable inflation levels in the coming three to six months, versus the ongoing rate hike cycle in the United States and Europe to tame sticky high inflation, said Goldman Sachs' chief China economist Shan Hui.

Thorny development pathThe global economy has been gloomy in recent years due to the impact brought by many woes, including the COVID-19 pandemic, food and energy crises, climate change shocks, supply chain restructuring and interest rate hikes.

The prices of pork, a staple meat in China, are expected to stay relatively stable and unlikely to see hikes in the near future, an official with the country's top economic planner said Wednesday.

Chinese authorities responded swiftly with a slew of steps to keep a lid on price hikes.

"Despite the Russia-Ukraine conflict and the United States' interest rate hike, Chinese exporters, backed by the government's supportive measures and new foreign trade formats such as cross-border e-commerce business, have been busy in upgrading their product structure this year," he said, adding the country's export impetus is no longer dominated by products with low industrial added value.

Spillover effects of US interest hikes exacerbate world financial turmoilChina is expected to maintain stable economic growth featuring high-quality development, and through this to make more contributions to the world economy, according to experts participating in the 88th International Forum on China Reform, which concluded on Sunday.

Those risks in particular include the spillover effects of the US interest rate hikes, which have pushed up the risk of a US economic recession and exacerbated global financial turmoil to jeopardize global economic recovery and may possibly trigger financial crises in some countries, said Xie, who is also deputy director of the Committee on Economic Affairs of the National Committee of the Chinese People's Political Consultative Conference, the nation's top political advisory body.

Experts said China remains strongly attractive to foreign investors, despite the ongoing disruption of global industrial and supply chains, as well as challenges such as interest rate hikes in developed economies and the COVID-19 pandemic.

"As storm clouds of a gnawing COVID-19 pandemic, persistent geopolitical conflicts, climbing inflation and the Fed's aggressive rate hikes gather over global economy, China's performance has not only proven its own economic resilience, but also injected certainty into the world economy.

The soaring US dollar index arising from continued interest rate hikes adopted by the US Federal Reserve is one major reason for the renminbi's recent depreciation.

The backpedaling on many of these commitments has been furious ever since the Russia-Ukraine conflict triggered a dip in supplies and a hike in natural gas prices.

Wang Qing, chief analyst at the Golden Credit Rating, said the CPI growth in September was mainly attributed to the hike of pork and vegetable prices.

Wang added that although there is certain room for a pork price hike, it is in a downturn trend against the background of the release of the central reserve pork.

"That will facilitate global cross-border business activity to further consolidate China's role as a safe bet for foreign investment and, more importantly, a stabilizer and powerhouse for global economic recovery, which is suffering from COVID-19, geopolitical issues and interest-rate hikes in developed economies.

Zhou Maohua, an analyst at China Everbright Bank, said the September CPI rise is mainly due to pork and vegetable price hikes, while the slower-than-anticipated PPI rise was due to effective government measures to ensure stable prices and supplies.

External challenges such as interest rate hikes by central banks of major economies and uncertainties in external demand are also putting pressure on China's economic recovery.

While the PBOC delivered a 10-basis-point interest rate cut in its policy benchmark medium-term lending facility on Aug 15, the US Federal Reserve might raise interest rates by 75 basis points in September, following hikes of the same amount in June and July, experts said.

Prudent monetary policyAside from the efforts to stabilize the commodity and food prices, there is no monetary basis for price hikes thanks to China's adherence to not resorting to the "flood-like stimulus," Fu Linghui said.

However, China's PPI will continue to grow at a slower pace in the third and fourth quarters amid the continued US Federal Reserve's rate hikes, a sluggish global economy, weakening demand and limited room for further commodity price gains.

Seen from an external point of view, under the impact of the Russia-Ukraine conflict and the accelerated rate hikes by the US Federal Reserve, the global economic growth rate led to adjustments in expectations.

Zheng Houcheng, director of the Yingda Securities Research Institute, said commodity prices may be pressured amid growing fears of a global recession, the US Federal Reserve's continuous interest rate hikes and the European Central Bank's move to raise its benchmark rate by 50 basis points.