China’s economic growth missed forecasts in the second quarter of the year amid a slowdown in consumer spending and weakening global demand. Worries over a faltering recovery after the disruptions …
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China Growth Disappoints. Oil Falls, Stocks Are Mixed.
China’s sluggish expansion is weighing on expectations for energy demand. Brent crude, the international oil standard, fell 1% to $79 a barrel. West Texas Intermediate, the U.S. benchmark, slipped 1.1 …
RFK Jr.: A fart-filled argument gives way to an antisemitic conspiracy theory that COVID-19 is an “ethnically targeted” bioweapon
RFK Jr. endured some hilariously bad press about an NYC press event at which two of his supporters argued over climate change, one with lots of farts. However, the fart jokes soon gave …
Solomon Islands PM returns from Beijing, calls Australia ‘unneighbourly’
Solomon Islands Prime Minister Manesseh Sogavare returned to Honiara on Monday after a week-long official visit to China, telling reporters Beijing would provide more budget support, and that criticism by Australia was “unneighbourly”.
China property investment slide deepens in June as structural shift inflicts pain
The National Bureau of Statistics says the property sector is shifting from high-speed development to stable development in the medium to long term.
U.S. and China climate envoys meet to restart talks
Michael Holmes speaks with David Sandalow with the Center on Global Energy Policy at Columbia University, about what’s at stake as the climate envoys from the world’s top carbon emitters meet in …
Algerian President Tebboune arrives in Beijing for his 1st state visit to China
Algerian President Abdelmadjid Tebboune on Monday began his five-day state visit to China. Tebboune is making his first trip to Beijing since taking office in Dec. 2019, at the invitation of President Xi Jinping. The…
China’s frail Q2 GDP growth raises urgency for more policy support
China’s economy grew at a frail pace in the second quarter as demand weakens at home and abroad, with the post-COVID momentum faltering rapidly and raising pressure on policymakers to deliver more …
China’s tech hub Shenzhen to get indoor ski resort as big as ‘11 football pitches’ by 2025
The world’s largest indoor ski resort, Wanda Snow Park in northern China, is the size of about nine football pitches.
China Property Investment Drop Deepens as Beijing Vows Help
China’s property investment contracted at a steeper pace in the first half of the year, underlining the sector’s deepening downturn as policymakers pledge more support.
China eyes Algerian oil and gas as it receives Tebboune in Beijing
Algeria’s president will want to use next week’s visit to China to make a pitch for his country to join the five-nation alliance of emerging economies seen as an alternative to Western hegemony.
China reports second-quarter GDP miss, another record high in youth unemployment
Gross domestic product in the world’s second-largest economy was higher over the same period last year, but growth has slowed compared with the first quarter.
China’s economy: does Xi Jinping need a plan B?
“You have orders and earnings coming down in the past 16 months, so it is very hard for businesses to be confident in that environment,” says Tao Wang, chief China economist at UBS Investment Bank.…