Latest in China Says Economy
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Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - Jan. 10 -
R. Nicholas Burns, U.S. Ambassador, Says China Is Aligned With ‘Agents of Disorder’
R. Nicholas Burns, the top U.S. diplomat in Beijing, says the Biden administration is making a final push to urge China to reconsider its tilt toward Russia, Iran and North Korea.The New York Times - Jan. 10 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
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Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - Jan. 10 -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - Jan. 9 -
Truss issues legal threat to PM over claim she crashed economy
No 10 insists millions of people share Sir Keir's view of the Truss government's economic record.BBC News - Jan. 9 -
'Stop saying I crashed the economy,' says Liz Truss. Is it possible to gaslight an entire country? | Hugh Muir
The former PM has sent a cease and desist letter to the current one. Will everyone who thinks she was useless get one next?. The problem with worrying about megalomaniacs on the web and wildfires ...The Guardian - Jan. 9 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
Altium in Economy 4.0: Connecting Electronics Production for Accelerated Innovation
Altium and Renesas are enabling the drive toward Economy 4.0 ─ the digitized, interconnected, and automated economy that integrates data, AI, and the Internet of Things ─ by connecting and ...CBS News - Jan. 9 -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - Jan. 9 -
Liz Truss sends legal letter ordering Starmer to stop saying she crashed economy
‘Cease and desist’ letter accuses PM of harming her reputation and contributing to her losing her seat. UK politics live – latest updates Liz Truss has sent a legal letter to Keir Starmer ...The Guardian - Jan. 9 -
Truss lawyers tell Starmer to stop saying she ‘crashed the economy’
Legal letter warns prime minister to ‘cease and desist’ from claims about her brief tenureFinancial Times - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Robots haven't taken over yet, but AI investments are powering more of the economy
Firms are pledging billions of dollars toward building out artificial intelligence networks. But jobs from that spending may be hard to come by.NBC News - Jan. 8 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
A look at recent deadly earthquakes in China
A strong earthquake with a magnitude of 7.1 that killed at least 126 people in western China near Nepal was one of the country’s deadliest in nearly a decadeABC News - Jan. 8 -
Powerful earthquake kills over 100 in Tibet, China's state media say
A strong earthquake killed more than 100 people in Tibet and left many others trapped in the autonomous region of western China, state media say.CBS News - Jan. 7 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
Climate impacts are fueling the cost-of-living crisis, especially for the poor and working class.The New York Times - Jan. 7 -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - Jan. 6 -
China's Xi Jinping says corruption is the 'biggest threat' to the Communist Party
Corruption is the biggest threat to China’s Communist Party, President Xi Jinping said Monday, in a warning that he is resolved to tackle the entrenched problem.NBC News - Jan. 6 -
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Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy
The Taliban government is counting on Afghanistan’s bountiful gemstone and mineral resources after the loss of billions of dollars in international aid.The New York Times - Jan. 6 -
Burning waste is not the way to move the UK towards a circular economy | Letters
A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...The Guardian - Jan. 5 -
Taiwan says China is redoubling efforts to undermine democracy with disinformation
Taiwan's government says China is redoubling efforts to undermine confidence in the self-governing island's democracy with the spread of disinformation, especially onlineABC News - Jan. 3 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - Jan. 2 -
Taiwan president welcomes exchanges with China as Xi says no one can stop 'reunification'
Taiwan President Lai Ching-te said he welcomed exchanges with China, but wondered whether there was goodwill from Beijing given what he said was their blocking of simple things like tourism.NBC News - Jan. 1 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1