China’s consumer prices fell for the first time since early 2021 amid the risk of a “low inflation trap” that could weigh on already lacklustre demand and an underpowered economic recovery. The …
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China’s exports are falling, and that’s a bad sign for the global economy
China’s exports fell 14.5% in July. The country’s trade data is a barometer for consumer spending around the world.
China’s record high 21% youth unemployment could actually be as high as 46.5%. Blame fake jobs and 16 million workers ‘lying flat’
In an attempt to fix misleading unemployment data, China is cracking down on universities that fudge employment numbers for their graduates.
Marketmind: China Seen Sliding Into Deflation
Moody’s cut ratings on 10 small- to mid-sized lenders by one notch and placed six banking giants on review for potential downgrades. After coming within 5% of their lifetime highs last month, the S&P …
Dwindling Trade Highlights China’s Shrinking Role as Workshop of the World
If you’ve seen fewer “made in China” labels on the products you buy, it’s no accident: trade between the U.S. and its biggest Asian trading partner has diminished as manufacturers have left China for …
China deflation risks could hit investors worldwide
August 8, 2023 (Investorideas.com Newswire) As China grapples with a serious deflation threat, investors worldwide must prepare for the fallout and adjust their strategies accordingly, warns the CEO …
China flirts with deflation. Why is that a bad thing?
While much of the rest of the world contends with inflationary pressures, many economists say China is tussling with the inverse phenomenon: deflation. What’s deflation, and what are the implications …
EXCLUSIVE: GOP finance chiefs demand answers from BlackRock over ESG ‘woke capitalism’ agenda and iffy trades in coal, China, and climate change
Meanwhile, BlackRock has ‘poured billions of dollars into China’ as the first foreign firm allowed to operate … well-paid mutual fund directors are positioned to speak up. The GOP finance chiefs …
China trade: 4 takeaways from July’s data as exports tumbled by most since start of pandemic
China’s exports fell by 14.5 per cent last month from a year earlier, dropping by the fastest pace since February 2020 Imports fell by 12.4 per cent in July from a year earlier, and analysts…
Stock Market Tumbles As Earnings, China Send Chill; Only This Sector Escapes Selling
The stock market indexes fell 1% or more at midday Tuesday in a broad decline that caused sell signals for some stock market leaders.Please watch the video at Investors.com – Bidenomics: IBD/TIPP …
China reports sharpest drop in exports since 2020
China last month suffered its biggest fall in exports for more than three years, official data showed yesterday, as the world’s second-largest economy is battered by sluggish global demand and a domestic slowdown.
ChatGPT’s rise has China scrambling to catch up in an A.I. arms race that will determine global ‘wealth, power, and influence’
A.I. “has become a proxy in the battle for primacy between China and the U.S.,” says Kerry Brown, director of the Lau China Institute at King’s College London, and “whoever inches ahead in this form…
German airport operator Fraport nudges up outlook, sees huge 2024 China boost
Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper half of its forecast range after second-quarter earnings were boosted by strong travel demand.
