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ECONOMICS

Japan Reverses Course, Increases Interest Rates for First Time in 17 Years

Unlike most major economies, Japan has spent much of the 21st century adhering to a doctrine of extremely low interest rates — so low that since 2016, they were actually
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Argentinian Austerity Measures Show Mixed Results as Inflation Remains High

Many Argentinians are struggling to make ends meet as the South American country's currency continues to lose value despite the spending reforms of newly elected libertarian President Javier Milei. Milei
China Sets Ambitious Growth Target of 5% in Desperate Bid to Salvage Economy
$3.8-Billion JetBlue-Spirit Merger Blocked Over Antitrust Concerns
Massive Data Breach Unveils Espionage, Cyber Vulnerabilities Within China’s Security Systems
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Chinese Companies Retreat From IPO Plans Amid Increased Regulatory Scrutiny, Economic Uncertainty
Where Do Unemployed Chinese Go? The Answer Is in the Library
Deeper Into Deflation: China’s January Economic Data Shows Worsening ‘Balance Sheet Recession’
A woman wears a protective mask as she walks past the People's Bank Of China (PBOC) on Financial Street, April 17, 2020 in Beijing, China. China's gross domestic product (GDP) stood at 20.65 trillion yuan (about 2.91 trillion U.S. dollars) in the first quarter of 2020 amid COVID-19 impact, down 6.8 percent year on year, according to data from the National Bureau of Statistics (NBS).
4 Factors to Watch in China’s Latest Economic Stagnation
Given China’s tightened real estate market and the newest spread of COVID-19, quarterly data due to be...
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Cargo Containers: A Closer Look at the Box that Blocks Our Supply Chain
Cargo containers can be seen in practically every cargo ship across the seas and oceans, as today’s worldwide...
2022-01-10
Chinese Phones Sold in Taiwan Accused of Content Censorship, Users’ Private Data May Be Tracked by Beijing
After the Lithuanian Ministry of Defense revealed that the Mi 10T 5G smartphone sold by Chinese company...
Economically Challenged Sri Lanka Asks China to Extend Loan Repayment Programs Amid Financial Crisis
The president of Sri Lanka has asked Beijing to restructure its debt repayments as part of efforts to...
France Backs Lithuania After Beijing Orders Embargo on Lithuanian Goods Over Vilnius’ Support of Taiwan
In a move of solidarity, France has urged the EU to show a united front against China over an escalating...
Asian Trade Bloc Looks to China as RCEP Aims to Invigorate a Struggling Regional Economy
Members of a China-centered Asian trade bloc hope the initiative will help stimulate local economies...
China’s Central Bank Launches Digital Currency App
In an ambitious push to expand its digital currency, China’s central bank has launched a trial version...
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Consumer Spending Remains a Big Challenge For the Chinese Economy in 2022
In the past few months, sluggish consumer spending has negatively affected China’s economic growth. Some...
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Xi’an Sets Up Makeshift Hospitals to Contain Outbreak; Residents Complain of Food Shortages Under Lockdown
The COVID-19 outbreak in Xi'an city has become increasingly severe. According to videos and photos posted...