Economy News New York City Needs China S Economy To Bounce Back

China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy

Beijing has traditionally portrayed its five-year plans as a boon not only for China but for the world. The official narrative, echoed by state media, emphasizes that a stable, growing China remains ... Read More

PBOC Adviser Says China Has to Do ‘Something Major’ for Economy

(Bloomberg) -- China needs a bolder spending package to mend the finances of households and companies, according to a central bank adviser, as signs of resilience in the economy mask the damage ... Read More

Britain Needs China’s Money. It Fears What Comes With It.

A botched spying case prompted accusations that the British government was soft on China, highlighting tensions between economic and national security interests. By Adam Goldman Reporting from London ... Read More

China’s economy risks sitting on hold for too long

HONG KONG, Oct 20 (Reuters Breakingviews) - Chinese planners have to prove their credentials more than ever. For the past couple of years they refrained from a big stimulus package to get the masses ... Read More

Trump's Tariffs Backfire, China Stays Silent, Marc Andreessen Backs Musk's $10 Trillion Plan And More: This Week In Economy

It’s been an eventful week in the world of business and politics. Here’s a quick roundup of the top stories that you might have missed. Nobel Prize-winning economist Paul Krugman has cautioned that ... Read More

The U.S. Economy Needs Immigration

Are you optimistic about the long-term future of the American economy otherwise? I’m reasonably optimistic. Good. Why? Why are you optimistic? We have had over the last 50 years nearly 2 percent ... Read More