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.
Category: Economic Conditions and Trends
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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.
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Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.
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Xi Is Meeting Blinken With Tough Issues on the Agenda
The direct meeting with China’s leader is a sign of continued effort to ease tensions, but officials expect little progress on core issues like Taiwan, trade and Chinese support of Russia.
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Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens
The community canteens, offering huge plates for a dollar or two, have become popular among penny-pinching young professionals.
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Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years
As the economy cools, pressure is building on the Bank of England to cut interest rates.
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The Global Turn Away From Free-Market Policies Worries Economists
More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.
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I.M.F. Sees Steady Growth but Warns of Rising Protectionism
The International Monetary Fund offered an upbeat economic outlook but said that new trade barriers and escalating wars could worsen inflation.
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Why Germany Can’t Break Up With China
China remains one of the most important markets for Germany’s export-driven economy, prompting a three-day visit by the German chancellor, who has stressed the importance of open markets.
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China’s First Quarter Results Show Growth Propelled by Its Factories
China’s big bet on exports has helped to counteract its housing slowdown, but other countries are worried about a flood of Chinese goods.