カテゴリー: Economics
Consumer price inflation data shows prices fell by 0.3% year on year in JulyChina’s economy has fallen into deflation after consumer prices fell year on year last month for the first time in more than two years, official data shows, as slowing domestic…
Leaders expected to form council that will discuss response if states such as Russia and China boycott trade for political reasonsThe UK and other G7 countries are planning collective action against Russia and China if they threaten trade boycotts for …
UK foreign secretary warns a war across Taiwan strait and likely destruction of semiconductor industry would have global effectsA Chinese invasion of Taiwan would destroy world trade, and distance would offer no protection to the inevitable catastrophi…
Deal would build closer economic ties as most western states push to isolate Moscow over UkraineIndia and Russia have entered “advanced negotiations” over a free trade agreement that aims to build closer economic ties as most western governments push t…
French leader sees Beijing as possible ‘gamechanger’ and will also discuss European trade on three-day visitEmmanuel Macron has arrived in China for a three-day state visit during which he hopes to dissuade Xi Jinping from supporting Russia’s invasion …
Loan is on top of £25bn that cash-strapped Islamabad already owes Beijing and Chinese commercial banksChina has agreed to loan Pakistan $700m (£580m) to help it weather its worst economic crisis in a generation, in a development that will intensify con…
Exclusive: 182 experts say only debt cancellation offers chance of recovery but private investors are playing hardballSome of the world’s most powerful hedge funds and other investors are holding up vital help for crisis-hit Sri Lanka by their hardline…
If Beijing is expecting an immediate boost from abandoning its tough controls it is mistakenFrom zero tolerance to “let it rip”. China has not just changed its mind on how to cope with Covid, it has executed the mother of all U-turns in response to slo…
Low rate of vaccination of elderly and a lack of natural immunity mean country may be in for a bumpy rideBeijing’s abrupt dismantling of zero-Covid controls has been welcomed by economists, even as the country braces itself for the human impact of lett…
Changes to zero-Covid policy could prove insufficient if lockdowns are expected to continueChina’s nearly three-year policy of enacting strict lockdowns to contain outbreaks of Covid-19 came with a heavy price for the world’s second largest economy.The…
Amid signs that supply chain woes are improving, economists remain uncertain that China is ready to live with CovidGlobal shares and the price of some key commodities have risen on hopes that the easing of China’s strict zero-Covid measures would help …
Three years into the pandemic, China is still relying on snap lockdowns and mass testing – and that could spell trouble for the global economyProtests against pandemic restrictions in China could unleash a new wave of volatility into a global economy a…
New Zealand’s reserve bank delivered its largest rate hike in history on Wednesday, piling pressure on the country’s homeownersRosie Smyth and Richard Larsen, along with their toddler daughter, had spent years looking for an affordable home in Lyttelto…
New Zealand’s reserve bank says spending levels still need to be reduced with rate rises, in order to tame inflationNew Zealand’s reserve bank has forecast that the country will tip into recession in 2023, and has lifted the official cash rate by an u…