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
From Boom to Bust: Shanghai Housing Market in Crisis as Owners Rack Up Debt
Shanghai’s once-booming housing market is facing a severe downturn as both luxury and suburban properties...
China’s Real Estate Enters Death Spiral: Economic Miracle Comes to a Permanent End
According to the latest July real estate data released by China’s National Bureau of Statistics, second-hand...
Japan’s Year-on-Year Exports Fall in Biggest Decrease Since 2021
The export-reliant Japanese economy is showing signs of strain as U.S. tariffs weigh on the country's...
Why China’s Attempt to Force ‘Social Insurance’ Pension Payments Could Backfire
China’s economy has come under severe strain in recent years due to the impact of global trade tensions...
Is Shanghai’s Economic Party Over? Spending Crashes Among 25 Million Residents
China’s economy continues to decline, and with growing pessimism about future income and economic prospects...
US State Secretary Rubio Meets With Officials From Japan, Korea at ASEAN Summit
From July 8 to July 12, U.S. Secretary of State Marco Rubio travelled to Asia to attend the ASEAN summit...
US State Secretary Rubio to China’s Wang Yi: Trump-Xi Meeting to Occur Under ‘the right atmosphere’
U.S. Secretary of State Marco Rubio said on Friday, July 11 that he had "positive and constructive" talks...
Observers Comment on US-Vietnam Trade Deal: ABC
Experts who spoke with the Australian Broadcasting Corporation (ABC) commented on the two trade deals...
A Recap of US Tariff Actions, Feb–July 2025
U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial...