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Panic at the Fed: Interest Rate Increases Coming as Inflation Soars
On Wednesday Dec. 15, the Federal Reserve (Fed) lifted its forecast for U.S. inflation in 2022 to 2.6...
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Inflation in US Alarmingly High But Might Ease Next Year
Inflation in the United States is not showing any signs of abating. On Dec. 10, the Labor Department...
China economy failing
The Economic Scenario Beijing Fears Most Is Just Around the Corner
News analysis On Dec. 8 through Dec. 10, China held its annual Central Conference on the Economy in...
Chinese property giant Evergrande is said to have defaulted on repaying its debt.
Fitch: China’s Evergrande Finally Defaults On Debt
Real estate behemoth China Evergrande Group has been crippled with business issues and is struggling...
Russia's President Vladimir Putin (L) attends a meeting with China's Vice President Xi Jinping (R) prior to a meeting at the Shanghai Cooperation Organisation (SCO) summit at the Great Hall of the People on June 6, 2012 in Beijing, China.
Xi and Putin to Hold Virtual Meeting, Bolstering Sino-Russian Relationship
As diplomatic pressure from the U.S. and other Western countries continue to mount, Chinese President...
An inmate receives a dose of the Sinopharm Covid-19 coronavirus vaccine at Chonburi Central Prison on June 25, 2021.
Nicaragua Receives 1 Million COVID-19 Vaccines from China After Dropping Diplomatic Ties With Taiwan
Days after cutting formal diplomatic relations with Taiwan, the government of Nicaragua has received...
Taiwan President Tsai Ing-wen
Future of Taiwan’s President Tsai Could Hinge on How She Handles a Vote on 4 Policies
While COVID-19 ravaged and devastated most of the world, Taiwan was praised and viewed as a model to...
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Unsold Home Inventories in China Hit Five-Year High
In November, China’s unsold housing stock in its top 100 cities reached the highest number in five years...
Beijing Allows Real Estate Firms to Issue Debts
Regulators in China have decided to allow real estate companies to issue debts in a move aimed to help...