The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down.
Category: Economic Conditions and Trends
-
China Shows Few Signs of Tilting Economy Toward Consumers in New Plan
The Communist Party rebuffed calls from economists to shift away from investment-led growth and toward consumer spending.
-
China’s Leaders Offer High Hopes, but Few Details for Road to Recovery
Top officials emerged from a high-stakes meeting about lifting the economy out of its malaise with few signs of a fundamental rethink.
-
U.K. Inflation Steady as Economists Puzzle Over ‘Taylor Swift Effects’
Consumer prices rose 2 percent in June from a year earlier, a bit higher than economists expected, with a big jump in hotel prices coinciding with a blockbuster series of concerts.
-
U.K. Inflation Steady as Interest Rate Cuts Hang in the Balance
Consumer prices rose 2 percent in June from a year earlier, in line with the Bank of England’s target for the second month in a row.
-
To Revitalize Britain’s Economy, a Plan for a Stronger Government Role
The Labour Party’s economic agenda, like many other programs around the world, puts political leaders more firmly in charge of industrial policy.
-
I.M.F. Sees Signs of Cooling in U.S. Economy
The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
-
China Is Holding a Major Meeting on the Economy That You Can’t Watch
President Xi Jinping will preside over a conclave to draft a new economic program. The stakes are high, but expectations for big changes are modest.
-
China’s Economy Slows as Housing Troubles Squeeze Spending
After a strong start to the year, spending has weakened as a real estate downturn weighs on consumers and companies. Communist Party leaders are meeting this week to discuss what to do about it.
-
China Reaches Record Trade Surplus, Raising Alarm Abroad
China’s factories have begun an export blitz, prompting worries around the world about the effect on economies elsewhere.
-
After French Election, Voters Are Resigned to Cost-of-Living Crisis
France’s parliamentary elections were intended to bring change, but many fear the political gridlock means their struggle to pay bills will continue.