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CHINA ECONOMY
China’s Pacific push gets a boost as key leaders skip island forumSeveral Pacific island leaders are absent from a key regional summit in Palau. This fragmentation complicates efforts to project unity amid...- Global Market: China, Hong Kong stocks slip as weak economic data and property overhaul weighChinese and Hong Kong stocks declined as weak economic data highlighted a fragile recovery, while new measures to reform China’s housing pr...
- Scott Bessent urges G20 to push China to curb exports, boost domestic demandUS Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and pre...
- US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
- Vietnam's export triumph: How a small nation beat China and India to become America's top trade partnerVietnam now leads all nations in its trade surplus with the United States. This significant shift occurred during the first half of the yea...
- India is growing at 7%. It may still be too slow for Viksit BharatIndia may need to sustain annual growth of more than 9% to achieve its developed-economy ambition by 2047. Economists say reaching that goa...
- Charting the global economy: Price pressures continue to bubbleThe personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July.
- Nepal's flood damage may cost up to a tenth of economy to rebuildThe bill is nearly a tenth of the nation's entire economy. A glacier collapse unleashed torrents, killing over six hundred people and leavi...
- Risk of lake burst near China-Nepal border disaster site wanesThe risk of a glacial lake bursting near the China-Nepal border has eased after satellite images showed its size shrinking as water slowly ...
- From Nike to Starbucks, some American brands are losing aura in ChinaGlobal companies once relied on China for consistent growth and expansion. Economic challenges and strong local competitors now impact fore...
- Global Market: Shein’s Hong Kong debut marks a major shift towards its Chinese rootsShein is set to debut in Hong Kong, marking a shift toward embracing its Chinese roots after failed US and UK listing efforts. Regulatory a...
- China’s bold bet on green hydrogen could determine fuel’s futureChina is making a substantial investment in green hydrogen technology. This ambitious plan aims to significantly increase operational capac...
- Trump's new economic squeeze on Iran has a big challenge: ChinaThe United States is imposing economic sanctions on Iran's financial networks globally. China, Iran's largest trading partner, presents a s...
- Food prices on the rise, domestic demand keeps economy strongIndia's economy shows resilience with improved domestic demand and strong economic activity. Food prices have seen a broad-based increase, ...
- Broad-base rise in food prices despite monsoon recovery, RBI's state of economy report showsIndia's economy shows resilience with improved domestic demand and strong activity. Food prices have seen a broad-based increase, impacting...
- Trump will have to risk pain to make new Iran sanctions truly biteThe United States is unveiling new sanctions against Iran today. These measures aim to cripple Iran's economy by targeting its oil sales. C...
- Global Market: China’s property crisis deepens as Evergrande founder gets life sentenceChina’s property crisis deepened despite Evergrande founder Hui Ka Yan receiving a life sentence. Falling home prices, unfinished projects,...
- China's netizens rage against professor who said gig work was a type of 'welfare'A prominent economics professor's remarks on gig work as welfare ignited public anger in China. She argued flexibility offers welfare, cont...
- Workers in China worry over being replaced as they adapt to the growing impact of AI on jobsRapid adoption of AI in many fields, from computer programmers to script writing and physical tasks, is pushing people out of their jobs or...
- He built China’s biggest property empire and became Asia’s richest man. Now Evergrande’s Hui Ka Yan is in prison for life, here’s whyEvergrande founder Hui Ka Yan, also known as Xu Jiayin, has been sentenced to life in prison in China for embezzlement, bribery and other f...
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