China's economic achievements in 2023 have been remarkable, serving as a clear indication of its strategic foresight and its ability to be a positive force in the world economy. The diverse benefits that other countries have derived from China's robust manufacturing sector, expanding exports, infra...
The current crisis in part of the real estate sector is similar to what happened in the financial sector of the US in 2023 when several banks (among them, Silicon Valley Bank, Silvergate Bank, First Republic Bank and Signature Bank) went bankrupt causing fears of an economic meltdown. In s...
"The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. With robust growth, better management of overall inflation, and a decrease in unemployment rates, the Phil...
another important milestone in the process of Belt and Road cooperation. The forum sent a clear message of unity, cooperation, openness and win-win outcome. President Xi Jinping proposed for the first time that global moderni...
Inflation in Germany gradually weakened last year, but picked up again at the end of the year, to 3.7 percent in December. Compared to other European countries, consumer prices in the country normalized slowly, as the average value for the eurozone was already 2.9 percent last month. ...
Globally, world economic growth continues to slow down and inflation pressures remain high, leading to divergent economic trends among countries. Liu Yuanchun, president of Shanghai University of Finance and Economics, said that China's H1 economic performance undoubtedly represents an example of high...
2023 to 5.2 percent, capable to pull the neighboring countries growth as well. Mario Centeno, ECB board member, said that, the strong Chinese economy growth momentum in 2023 has brought optimism for 20 Eurozone countries which are currently in a difficult position. Humphrey Mosi, director of ...
There are other reasons for China to be optimistic. Protectionism might have peaked given the negative consequences that it has had on the performance of the US and other Western countries without undermining the Chinese trade balance. On the other hand, given the late opening of the Chinese tou...
Globally, world economic growth continues to slow down and inflation pressures remain high, leading to divergent economic trends among countries. Liu Yuanchun, president of Shanghai University of Finance and Economics, said that China's H1 economic performance undoubtedly represents an example of high...
they're probably not good ones. I think one thing is that the U.S. is helping the Chinese chip industry because there's restrictions. It's just no question. If we put these subsidies and restrictions on chips anywhere else, the other countries are going to (develop). I think it's re...