China’s better economic growth hides reasons to worry

Countries at China’s stage of development often shift towards services. But China’s leaders have a soft spot for “hard” output. Xi Jinping, the country’s ruler, sees manufacturing as a source of both ... Read More

Growth rates set to slow in Caucasus and Central Asia – World Bank

China’s fiscal woes are likely to drag on economies across the Caucasus and Central Asia over the next two years, the World Bank is forecasting. The Bank’s economic update for 2024-25 says the entire ... Read More

Economy not expected to improve until mid-2025 - Infometrics

Households and businesses are being advised to keep a close eye on costs until the middle of next year, when economic conditions are expected to improve. Read More

Yellen Implores China to Rethink Economic Growth Strategy

US Treasury Secretary Janet Yellen implored Beijing’s top leaders to fundamentally rethink their economic growth strategy, as she wrapped up a high-stakes trip to China that’s been a balancing act in ... Read More

BOJ will raise rates again this year, say two-thirds of economists: Reuters poll

The Bank of Japan will raise interest rates again in 2024, according to two-thirds of economists polled by Reuters, but there was no clear consensus on when exactly the move would come. Last month the ... Read More

Higher rates could, perversely, be driving inflation – what this means to you

Higher interest rates have been experienced around the world for two to three years as global inflation hit a multi-decade high.While some central banks, such as the European Central Bank (ECB), are ... Read More