As a vice premier and then premier, he helped transform China into the world’s leading manufacturing power and led his country into the World Trade Organization.
Category: Economic Conditions and Trends
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Zhu Rongji, Former Premier Who Pushed China to a Market Economy, Dies at 97
The New York Times – On the Runway: -
As Credit Card Debt Mounts, Home Becomes a Piggy Bank
The New York Times – Business:A rise in home equity to record levels has led many Americans to refinance their mortgages to pay their bills.
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Drought Threatens a Vital Economic Artery in the Heart of Europe
The New York Times – Business:The Rhine conveys vessels and cargo that power European industry. Record low water levels are disrupting supply chains, adding costs and presenting fresh risks to growth.
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What Are Companies Getting for All That A.I. Spending?
The New York Times – Business:A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
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What Are Companies Getting for All That A.I. Spending?
The New York Times – Business:A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
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A key inflation measure eased in June during a pause in the war with Iran.
The New York Times – Business:Price pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting suggests that inflation risks are still prevalent.
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Fed’s Preferred Inflation Gauge Eased During Pause in Iran War
The New York Times – Business:Price pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting suggests that inflation risks are still prevalent.
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China, Its Economy Stumbling, Signals Only Cautious Support
The New York Times – Business:The ruling Politburo called for “more proactive” tax and spending policies but did not endorse broad action to address weak consumer spending.
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A Few Officials Signaled Support for Higher Rates at Warsh’s First Meeting
The New York Times – Business:Minutes from Kevin M. Warsh’s first meeting as chairman revealed the extent of divisions at the central bank about the path for interest rates.
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Trump Lashes Out at Spain: ‘Cut Off All Trade.’ Here’s Why That’s Unlikely.
The New York Times – Business:A move against Spain would face political, legal and practical issues and probably provoke a wider trade war with the European Union. It could also roil markets.