Latest in China's Plan B to Save the Economy: A Crusade Against Busywork
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China's Plan B to Save the Economy: A Crusade Against Busywork
When China’s top leaders pledged to act more aggressively to stimulate economic growth, they rounded off their remedies with a political order: Have fewer meetings and cut the busywork.World - The Wall Street Journal - Yesterday -
‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy
While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances. Experts seem to agree the US economy has been on the upswing in 2024. A wave ...World - The Guardian - November 4 -
China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economyWorld - ABC News - November 8 -
China’s economy braces for Trump
Will Beijing’s latest plans to fix the country’s economy be enough to keep up with President Xi Jinping’s long-term plans for growth?World - Financial Times - 3 days ago -
U.N. Agency Aiding Millions of Palestinians Is in Jeopardy---and There's No Plan B
On a typical day in Gaza, Unrwa provides food to around 2,000 families and healthcare to thousands more. Israel last week passed laws aimed at halting those operations.World - The Wall Street Journal - November 8 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
China unveils $1.4tn package to shore up economy
Beijing is bracing for increased trade tensions with US under Donald TrumpWorld - Financial Times - November 8 -
Why China is betting on local governments to spur the economy
Fiscal package falls short of market hopes as Beijing braces for Trump tariffsWorld - Financial Times - November 11 -
Orbán turns to China to boost recession-hit economy
Hungary has captured more than a quarter of Chinese capital flowing into Europe since 2022World - Financial Times - 6 days ago -
UK savings plans overhauled with planned pension tax changes
Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regimeBusiness - Financial Times - October 31 -
How Trump’s Immigration Plans Could Affect the Economy
Expelling noncitizens on a mass scale is likely to raise prices on goods and services and lower employment rates for U.S. workers, many economists say.Business - The New York Times - November 13 -
Supporting Ukraine against Russia is not a distraction from China
Since China and Russia are so closely aligned, thwarting Russian ambitions in Ukraine and elsewhere is a crucial element of the U.S. effort to contain China.Politics - The Hill - 3 days ago -
Caitlin Foord’s flash of brilliance saves Matildas against Switzerland
Foord’s penalty delivers Australia 1-1 draw with Switzerland Matildas rebuilding after disappointing Olympics campaign After a disappointing Olympics campaign, one of the key goals of interim ...World - The Guardian - October 25 -
Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy
With $500bn worth of trade in the crosshairs of Donald Trump’s tariffs, Xi Jinping is preparing for four more years of unpredictability. China is bracing itself for four years of volatile relations ...World - The Guardian - November 8 -
If China’s statistics can’t be scrutinised, doubts about the economy will only grow
One misleading figure may need to be followed by others, setting the scene for a cycle of misinformationWorld - Financial Times - 5 days ago -
China is expanding visa-free entry to more countries in bid to boost economy
China is going to expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economyWorld - ABC News - Yesterday -
China Isn't Planning a 'Bazooka' Stimulus---at Least Not This Year
Hopes that China is awaiting the results of the U.S. election to unveil a huge stimulus package are unikely to be fulfilled, though a smaller package is expected soon.World - The Wall Street Journal - November 4 -
Harris focuses on manufacturing plan in Michigan as Trump leads on economy
As Vice President Kamala Harris and former President Donald Trump vie for working-class votes, the candidates have each promised a manufacturing boom.Business - CNBC - October 28 -
Americans eye the economy from kitchen tables and hourly jobs as they plan their votes
Some Americans are voting for their wallets.Top stories - NBC News - November 4 -
Reeves plans to use £350bn council pension pot to boost UK economy
Chancellor to set out reform to fragmented local authority funds in Mansion House speechBusiness - Financial Times - November 8 -
What Trump's mass deportation plan would mean for immigrant workers and the economy
President-Elect Donald Trump says his mass deportation plan will go ahead. Hiring firms and labor economists have begun to weigh the damage.Business - CNBC - November 11 -
Healthy Returns: AstraZeneca expands U.S. investment plan on confidence in economy
AstraZeneca said it is doubling down on its investment in its U.S. business. Meanwhile, General Catalyst has agreed to purchase Summa Health for $485 million.Business - CNBC - November 13 -
How Trump’s Plans for Mass Deportations, Tariffs and Fed Could Affect the Economy
Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.Business - The New York Times - 4 days ago -
Italy opens procedure against China's Sinochem for possible breach of Pirelli governance
Italy has opened up an administrative procedure against China’s Sinochem, the largest shareholder in Italian tiremaker Pirelli, over possible violations of restrictions placed by Rome to protect ...World - ABC News - November 7 -
Tycoon Drives India's Push Against China's Solar-Energy Dominance
Gautam Adani, the founder of one of India’s biggest business conglomerates, lies at the intersection of the country’s clean energy challenge to China.World - The Wall Street Journal - November 8 -
China Courts U.S. Allies as Defense Against Trump's Protectionism
Fearing a U.S. tariff barrage, Beijing hopes to use “proactive” tariff cuts and investment offers to peel away American partners in Europe and Asia.World - The Wall Street Journal - November 10 -
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Microsoft urges Trump to ‘push harder’ against Russia and China hacks
Big Tech group’s president calls on new US administration to take tougher approach on state-sponsored cyber attacksWorld - Financial Times - Yesterday -
China reels from spate of suspected ‘revenge against society’ attacks
Stabbings and car rammings raise fears that China’s strained social safety net is leading to growing violence. China is grappling with a spate of violent rampages that have left dozens of people ...World - The Guardian - Yesterday -
China’s largest coffee chain plans to take on Starbucks in US
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and finedBusiness - Financial Times - October 29 -
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.Business - The New York Times - November 8 -
Here’s How China’s Chip Industry Plans to Deal With Trump’s Term
Anticipating further combative interactions over trade, the Chinese semiconductor industry is make new friends and boosting hiring.Business - Inc. - November 11 -
OpenAI to present plans for U.S. AI strategy and an alliance to compete with China
OpenAI's official blueprint for U.S. AI infrastructure involves AI economic zones and government projects funded by private investors, according to a document.Business - CNBC - November 13
