ECONOMICS

The "cost of living crisis" has replaced "weather extremes" as the most urgent issue the world will have to deal with in the coming decade, per the annual WEF meeting. About a week before their convention in Davos, Switzerland, on Jan. 11, WEF members released the Global Risks Report 2023.

American Economy Could Be Headed Toward 1970s-Style Stagflation, Warns Economist
The United States is grappling with the highest levels of inflation in over thirty years. The Consumer...

American Lawmakers Meet with Taiwanese Officials for Second Time in One Month
Five U.S. lawmakers arrived in Taipei on Thursday, Nov. 25 to meet with government officials in regards...

Chinese Authorities Ask Ride Sharing Giant Didi to Delist from New York Stock Exchange
As Chinese leader Xi Jinping’s crackdown on the nation’s big tech continues, the latest company to face...

9 in 10 Americans Are Worried About Inflation, But Solutions Are Limited
Americans across the country are bracing themselves up for a financially difficult holiday shopping season...

China Releases Strategic Oil Reserves Following US Invite
Oil prices have soared by over 50 percent in the U.S following the COVID-19 pandemic. Now the Chinese...

Amid Communist Pressure, EU Postpones Trade Plan With Taiwan
The European Union has decided to shelve a confidential trade plan that aims to increase trade relations...

Is China’s Coal Struggle Just a Means of Strengthening Government Control?
News analysis Since late August, 20 provinces in China have been experiencing power outages or rationing...

Racing to Prevent Real Estate Collapse, 21 Chinese Cities Issue ‘Decline Limit Orders’
China's housing market has been under heavy downward pressure since the second half of this year. According...

China’s Factory and Consumer Inflation Spikes, Little Relief in Sight
China’s producer price index (PPI) rose by 13.5 percent in October year-on-year, which is a faster rate...