Economy News China S Economy Dealt Trade Blows
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China’s Yuan Set for Best Year Since 2020, Defying Trade Strains
China’s yuan is heading for its best annual performance in five years as growing optimism about the nation’s assets and economy outweighs concerns over US trade tensions. Read More
Despite US trade war, OECD expects global economy will grow 3.2% this year
The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for ... Read More
China's factory activity contracts for 8th month in November despite trade war truce
China’s factory activity contracted for the eighth straight month in November, according to an official survey on Sunday, underscoring challenges for the country’s economy despite the U.S.-China trade ... Read More
GLOBAL ECONOMY Manufacturing weakens in Europe, Asia on faltering demand and tariff uncertainties
Asia's manufacturing powerhouses struggled with sluggish demand in November, extending declines in factory activity as progress in U.S. trade negotiations failed to translate into a significant ... Read More
China's next economic shift is primed for backlash
Beijing will build on its successful Made in China 2025 plan which turned the country into an industrial powerhouse. The new iteration prioritises high-tech exports to grow the economy by 40% to $28 ... Read More
Potential China Deal, New Trade Pacts Brighten U.S. Soybean Outlook
On Sunday, ASA announced the U.S. signed two soybean trade deals with Malaysia and Cambodia as well as a framework for reciprocal trade with Vietnam and Thailand. Comments by Treasury Secretary Scott ... Read More
China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Shaoyu Yuan, New York University; Rutgers University (THE CONVERSATION) Every few ... Read More
China’s retaliation signals economic warpath as Japan-Taiwan tensions rise
China’s escalating response to Japan’s recent remarks on Taiwan has taken a sharp turn toward economic retaliation, with potential consequences spanning from tourism and trade to military tensions. As ... Read More
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