In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.
Category: Economic Conditions and Trends
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Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.
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California Economy Feels the Pain of Hollywood Studio Troubles
Film production has failed to bounce back after major strikes last year, and competition from other locales has gotten stiffer.
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Iran’s Energy Crisis Hits ‘Dire’ Point as Industries Are Forced to Shut Down
Although Iran has one of the biggest supplies of natural gas and crude oil in the world, it finds itself in a full blown energy emergency, coming just as it also suffers major geopolitical setbacks.
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Macau Is the Casino Capital of the World. For China, That’s Not Enough.
A quarter century after the former Portuguese colony was made a Chinese territory, Macau’s economic boundaries with the mainland are being blurred.
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Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty
Stubborn inflation, tax rises and high interest rates makes it difficult for many to muster optimism, at least in the short term.
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Global Central Banks Gird Themselves for Another Trump Term
Central bankers are alert to the risk that global trade tensions will make managing inflation more challenging.
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China Pledges More Stimulus to Shore Up Flagging Economy
At a meeting to set the party’s economic policy agenda, China’s leadership said it would borrow more and cut interest rates in a bid to bolster growth.
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Milei Tames Inflation in Argentina With Painful Policies, Sparking Applause and Anger
A year after becoming president, Javier Milei has been praised inside and outside Argentina for reining in galloping inflation. But his economic policies have inflicted widespread hardship.
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China Eases Overall Monetary Policy Stance for First Time in 14 Years
Faced with a faltering economy and falling prices, the Politburo loosened the policy approach of China’s central bank and called for “extraordinary” measures.
