For the first time in over two and a half years, Japan’s exports declined in July due to weaker demand for chip-making equipment and light oil, highlighting worries about a possible global recession as important markets like China deteriorated. According… Read More ›
Following a decrease of -0.4% between January and March, the Dutch GDP shrank by -0.3% quarter-on-quarter in the second quarter of 2023. Additionally, GDP in the second quarter was 0.3% lower than it was in the corresponding quarter in 2022…. Read More ›
Worries that China’s worsening real estate sector problem is choking what little economic momentum there is have increased in response to missed payments on investment products by a major Chinese trust firm and a decline in home prices. Angry investors… Read More ›
Retail sales, industrial output, and investment figures for China’s economy for July fell short of forecasts, raising fears of a more significant and protracted downturn in development. There have been previous inaccurate predictions about the end of China’s growth. Is… Read More ›
Japanese automakers are benefiting from a tried-and-true strategy as the cheaper yen supports earnings in the face of weakening sales in China and the increasingly difficult transition to electric vehicles. The currency was a contributing factor in the recent earnings… Read More ›
On Tuesday, China’s central bank unexpectedly reduced key policy rates for the second time in three months, providing more evidence that policymakers are stepping up their monetary easing initiatives to support the economy’s faltering recovery. Analysts claimed that the action… Read More ›
A slower-than-expected rebound in a crucial market would undoubtedly hurt sales for U.S. luxury brands like Michael Kors owner Capri and Estee Lauder. China most certainly made the U.S. need for cooling worse. After China relaxed stringent import controls to… Read More ›
In July, China’s imports and exports declined far more quickly than anticipated, endangering growth prospects in the second-largest economy in the world and increasing pressure on the government to introduce new stimulus measures to boost demand. Customs statistics revealed on… Read More ›
Global corporations have invested hundreds of billions of dollars to buy and establish factories in China since Deng Xiaoping opened the country to foreign investment in 1978 in order to get access to the market and access to cheap labour,… Read More ›
It is challenging to refine rare earths for the switch to green energy. Just ask Lynas and MP Materials. The two largest rare earths firms in the world outside of China are having trouble converting the ore from their mines… Read More ›
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