The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
Category: International Trade and World Market
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What Hefei, China’s EV City, Says About the State of the Economy
Hefei has led the country in making electric vehicles and other tech products, but it still has not escaped a nationwide housing crisis.
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Worries in Europe Over the White House Move to Delay Gas Terminals
The Biden administration’s decision to review new liquefied natural gas projects for their impact on climate change could be a headache for overseas buyers.
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White House Said to Delay Decision on CP2, a Liquid Natural Gas Export Terminal
Before deciding whether to approve it, the Energy Department will analyze the climate impacts of CP2, one of 17 proposed LNG export terminals.
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Where Textile Mills Thrived, Remnants Battle for Survival
Apparel makers in the Carolinas say trade policy must change because of a boom in tariff-free shipments to U.S. consumers from foreign manufacturers.
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Airbus Is Pulling Ahead as Boeing’s Troubles Mount
With quality control essential, Airbus gains in the rivalry between the world’s biggest plane makers by being seen as “competent.”
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Flush With Investment, New U.S. Factories Face a Familiar Challenge
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.
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Red Sea Attacks Leave Shipping Companies With Difficult Choices
Attacks on two dozen ships since November are forcing shipping lines to figure out whether and when to skip the Suez Canal and send vessels on longer voyages around Africa.
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Tesla Sales Rebound After Steep Price Cuts
The leading electric-vehicle maker also drew buyers eager to take advantage of government incentives that will be harder to get in 2024.
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Indian Stocks Are Booming. Why Is Long-Term Investment Lagging?
Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
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Philippine Poverty and Farm-Based Economy Have Roots in Colonial Era
Decades after independence, the Philippines lacks the kind of factory economy that has lifted up other Asian nations, tying millions to farm work.
