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3 mins read

Even the strongest pillar of the Chinese economy is showing signs of weakness

China's exports grew 2.4% on-year in September, posting its lowest growth in five months as global …

Huileng Tan   


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2 mins read

FPIs withdraw record Rs 94,000 cr from Indian equities in Oct on attractive Chinese valuations

Foreign investors withdrew a record Rs 94,000 crore from the Indian stock market in October due to …

PTI   


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1 min read

China to increase debt issuance in bid to revive economy

China slipped into deflation in 2023 as a result of weak domestic demand and a struggling property …

Rebecca Rommen   


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3 mins read

The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items

The 618 sale, which normally draws in billions, reported its first sales dip in eight years, showin…

Aditi Bharade   


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2 mins read

The US economy is in for a double shock if Trump is elected president, Nobel economist Paul Krugman says

Trump is proposing two policies that could result in a double-shock for the US economy, according t…

Jennifer Sor   


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2 mins read

Chinese consumers aren't buying enough stuff, and it's taking a toll on the economy

Beijing framed China's second-half growth positively but acknowledged "insufficient" domestic deman…

Huileng Tan   


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1 min read

Prices in China are stagnating, putting more pressure on Beijing to jump-start the economy

Consumer prices rose marginally in September and producer prices fell sharply, stoking demand for g…

Theron Mohamed   


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2 mins read

Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…

ANI   


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1 min read

The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025

The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…

Theron Mohamed   


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2 mins read

A Chinese automaker has taken over Russian plants abandoned by Volkswagen and Mercedes

Chery's expansion into Russia highlights growing ties between Moscow and Beijing.

Filip De Mott   


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3 mins read

China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'

China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.

Huileng Tan   


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5 mins read

Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel

The trend comes as China faces a prolonged economic slump following its exit from pandemic lockdown…

Huileng Tan,Matthew Loh   


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3 mins read

Beijing is no longer hiding its panic about the state of its economy

The stimulus blitz announced on Tuesday is sparking market speculation that Beijing is panicking ov…

Huileng Tan   


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3 mins read

There are 2 things that could go wrong for the US economy and spark a recession, Morgan Stanley says

The potential for more tariffs after the election is one threat to the economy, which otherwise loo…

Jennifer Sor   


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1 min read

China could raise nearly $1 trillion of fresh debt in the next 3 years to revive its economy

Beijing could raise 6 trillion yuan, or $850 billion, by selling treasury bonds over the next three…

Jennifer Sor   


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2 mins read

BlackRock's CEO says China is the biggest supporter of Russia's economy amidst the Ukraine war

BlackRock chief Larry Fink says that Western businesses should re-evaluate their ties to China.

Kwan Wei Kevin Tan   


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2 mins read

Chinese property stocks surge after 3 major cities relax restrictions on homebuying

China's property stocks rose 7% Monday after Shanghai, Shenzhen, and Guangzhou eased homebuying rul…

Kelly Cloonan   


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2 mins read

Goldman Sachs raises China growth outlook on optimism over Beijing's fresh push to revive struggling economy

Goldman Sachs analysts upgraded their growth forecast on China from 4.7% to 4.9% for this year, clo…

Kelly Cloonan   


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4 mins read

China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.

China is a top-down system and officials will pull out the stops to make it into Xi's good books. I…

Huileng Tan   


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3 mins read

The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it

The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…

Huileng Tan