ECONOMICS
Europe, which has imposed tariffs of up to 45 percent on Chinese electric vehicles, fears Beijing is rapidly shifting parts of its EV manufacturing supply chain to nearby Morocco in an effort to bypass those duties and gain easier access to the European market. EU Trade Commissioner Maroš Šefčovič has
The Politics of Evergrande’s Collapse
In addition to finding a prominent scapegoat for the embattled Chinese real estate sector, the Sept....
Reforming Taxes, Boosting Small Business Are Priorities for Dave Crance’s Virginia Delegate Race
FALLS CHURCH, Virginia — On Nov. 7, registered voters in Virginia will be tasked with electing officials...
War and Unrest Threatening Globalization, WTO Chief Says
Ngozi Okonjo-Iweala, head of the World Trade Organization (WTO), warned that crises such as war, sanctions...
US Faces Host of Economic Troubles as Growth Slows in Europe, China
Having experienced a rebound after the end of pandemic measures in 2022, the U.S. economy looks to be...
China’s Real Estate Crisis Deepens as Shares in Property Developers Plummet
Stock prices for a number of Chinese developers plummeted at the opening of trading on Monday, deepening...
Another Chinese Real Estate Developer Files for Bankruptcy Protection in US Court
According to court documents reviewed by Reuters, yet another Chinese real estate developer has filed...
Police Detain Evergrande Wealth Management Staff in Latest Blow to Embattled Property Developer
Several employees of Evergrande’s financial subsidiary, Evergrande Wealth Management, have been detained...
US Officials Highlight Depth of China’s Economic Crisis
Following meetings with their counterparts from the People's Republic of China (PRC), officials of the...
As Biden Touts Economic Successes, Experts Recommend Caution
While recession fears are waning and consumer spending saw a respectable uptick in July, experts are...