A new approach by China’s top leaders is bold but pales against the problem: a vast number of empty apartments no one wants to buy.
Category: Economic Conditions and Trends
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U.K. Inflation Falls to 2.3 Percent, Lowest in Three Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.
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U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods
Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat the requires a united response.
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Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
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Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
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U.A.W. Effort to Organize Mercedes Workers in Alabama Has High Stakes
Southern political leaders say a win for the United Automobile Workers would threaten their economies. Activists want to strike a blow against a system they say exploits the poor.
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How China Got So Dominant in Cars and Solar
Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
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UK Shakes Off Recession as Economy Grows Faster Than Expected
Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.
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Britain Shakes Off Recession as Economy Grows Faster Than Expected
Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.
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China Is Buying Gold, Sending Prices to Record Highs
The global price of gold has reached its highest levels as Chinese investors and consumers, wary of real estate and stocks, buy the metal at a record pace.
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North Carolina Triad Tries to Reinvent Its Economy
North Carolina’s Triad was built on tobacco, textiles and furniture. Now it’s trying to forge a new economy from more highly skilled manufacturing.
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Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says
The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.