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ECONOMICS

China’s Economic Rise Loses Momentum as Global GDP Share Declines

By Cheng Jinglian, Vision Times Since Xi Jinping came to power, the slogan “the East is rising while the West declines” has become one of the Chinese Communist Party’s (CCP)

G7 Pushes to Reduce China Dependency as Europe Weighs New Supply Chain Rules

By Meng Hao, Vision Times As geopolitical tensions and supply chain concerns continue reshaping the global economy, finance ministers and central bank officials from the Group of Seven (G7) gathered
US Trade Court Blocks Trump’s Global 10% Tariffs in Win for Small Businesses
AI Could Save America’s Economy—or Deepen Its Debt Crisis, Yale Study Warns
UAE’s Sudden OPEC Exit Dials Up Global Oil Shock
Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate in the United Arab Emirates, along the Strait of Hormuz June 23 2025
US Warns Shipping Firms Against Paying Iran Strait Fees, Threatens Sanctions
Iran Conflict Accelerates Asia’s Shift to Electric Vehicles, Data Suggests
US Treasury Sanctions Major Chinese Oil Refinery and 40 Shipping Firms Tied to Iran’s Shadow Fleet
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...
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Chinese Military Deploys Troops as Xi’an Outbreak Worsens
Authorities report only a handful of COVID cases, but locals suspect the real concern is rodent-spread...
Women shop for bread at a market in Ankara on December 20, 2021 as Turkey's troubled lira took a nosedive after Turkish President cited Muslim teachings to justify not raising interest rates to stabilise the currency.
Food and Rent Unaffordable as 20 Percent Inflation Hits Turkey
Turkish citizens are reeling under the pressure of inflation and what many believe is President Recep...
3 Key Factors Behind the Solomon Islands Anti-China Riots
The Solomon Islands, a country in the southwestern Pacific Ocean home to roughly 680,000 people, has...