Chinese Economy

PETALING JAYA: Developing countries such as Malaysia are likely to reap benefits from the ongoing US-China trade war but, experts warn, this will only be for the short term. If the dispute between the world’s largest and second largest economies continues, there will be long-term detrimental impact on the developing…

Japanese companies cannot afford to anger either a big market or a big allyWHEN ABE SHINZO became Japan’s prime minister for a second time in 2012, relations with China were on the skids. Tensions over disputed islands brought the two countries to the brink of conflict. Japanese car dealerships in…

In the 1980s, Japan was the envy of the world.Its economy grew rapidly to become the second largest in the world, led by a strong central government, a surging and increasingly productive manufacturing sector, easy access to money and credit, and protective trade policies that spawned huge surpluses with the…

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…