Chinese Economy

What type of recession? The usual reason for a recession is that the Federal Reserve raises interest rates in order to wring inflation out of the system. We've sorta forgotten that as the last two recessions haven't been like that at all. The last one was because of the housing…

The Digital Silk Road is one of the flagship projects in China's Belt & Road Initiative Mercator Institute for China Studies The Digital Silk Road As one of China’s grand proposals within the Belt and Road Initiative (BRI), the Digital Silk Road (DSR) project was introduced in March 2015. The DSR…

Even as China gradually gets back on its feet from the devastation of its COVID-19 outbreak and quarantine earlier this year, its roughly 70,000 movie screens remain dark, one aspect of everyday life that remains locked down by the government.President Xi has has indicated no rush to reopen the nation's…

No one could doubt that the world now is a very different place to the world as it seemed at the beginning of this year.Coronavirus has come and wreaked havoc on the health and wellbeing of millions around the world, and disrupted markets and income streams everywhere. In one or…

View photos(Bloomberg) -- China’s economy continued to inch out of the coronavirus slump in May, though a reliance on industry amid sluggish consumer demand underlines the fragility of the recovery as further infections appear.Industrial output rose 4.4% from a year earlier, versus a median estimate of a 5.0% expansion. Retail…

Oil tankers load crude oil at Iraq's Al-Basra Offshore Terminal in Basra, Iraq, Wednesday, July 17, ... 2019. (AP Photo/Nabil al-Jurani) ASSOCIATED PRESS The flow of Iraqi crude oil to Asia’s giant oil consumers took a new turn in the past two months, influenced by waning oil demand, and trading…

Although governments everywhere are scrambling to contain the economic fallout from COVID-19, some are approaching the task more strategically than others. The European Union and China, in particular, are focusing on long-term investments in clean energy, whereas America is doubling down on the past. DENVER – As governments around the…

On 4 June 2020, as darkness enveloped Hong Kong, thousands of people broke through barricades and slipped into the tree-lined Victoria Park in the heart of the city. Shielding their candles from the … Read More

It’s been a long time since Alcoa was a top performer on the New York Stock Exchange but a 95% share price rise over the past three weeks means the big aluminum maker has been one of the market’s stars. Some of the rise from $6.66 on May 15 to…

As the COVID-19 pandemic continues, countries around the world are cautiously embracing the best methods to reopen their economies and borders. However, this process has been unique for each country, especially in regions that have been hardest-hit by the pandemic. United States of America (U.S.A.) The U.S.A. has had a…