China’s recent move to boost household consumption marks a significant departure from its long-standing investment-driven growth strategy. Beijing’s plans to issue sovereign bonds worth approximately 2 trillion yuan ($284 billion) in 2024 to subsidize consumer goods purchases and child support… Read More ›
Day: September 30, 2024
Japan’s Factory Output Slump And Its Potential Impact On The Global Economy
Japan’s factory output saw a significant decline in August, driven by disruptions in motor vehicle production due to Typhoon Shanshan and weaker-than-expected U.S. sales. According to data released by the Ministry of Economy, Trade, and Industry (METI), industrial output dropped… Read More ›