Floral tributes have been left outside an Anglesey supermarket in ...
Synopsis by North Wales Live Mar 08 23
Floral tributes have been left outside an Anglesey supermarket in memory of a “streetwise legend”. The “Lidl Cat” became so famous in Holyhead ...Read full articleNorth Wales Live: Floral tributes have been left outside an Anglesey supermarket in ...
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| Last Updated | Mar 08 23 |
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US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Transformation: Lidl expects expensive meat: Rising prices due to higher animal welfare standards are leading to declining meat sales at Lidl Germany ...
lebensmittelzeitung.net/handel/nachrichten/transformation-lidl-rechnet-mit-teurem-fleisch-177297
Paid articlePaid
China Forces Apple to Delete WhatsApp, Threads, Signal From Chinese App Store: Apple removes a number of messaging apps from China's iOS App Store ...
uk.pcmag.com/social-media/151924/china-forces-apple-to-delete-whatsapp-threads-signal-from-chinese-app-store
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
China’s Solar Surge Is Making a Missing Power Data Problem Worse: The boom in renewable energy installations in China is exacerbating a problem measuring power ...
bloomberg.com/news/articles/2024-04-18/china-s-solar-surge-is-making-a-missing-power-data-problem-worse
Paid articlePaid Iran oil exports hit 6-year high as west prepares sanctions: Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic
ft.com/content/00bb5653-e9aa-4af1-8f9e-705137947b32
Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions
- Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.
- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
- Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.
- Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.
Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559
G-7 Warns China Against Aiding Russia in Its War Against Ukraine: Top diplomats from the Group of Seven countries leveled one of their strongest warnings yet ...
bloomberg.com/news/articles/2024-04-19/g-7-warns-china-against-aiding-russia-in-its-war-against-ukraine
China’s GDP jumps 5.3% in first quarter: Growth rate beats expectations as Beijing tries to steer manufacturing-led economic revival
ft.com/content/211467a7-5f5f-4cc7-b6fd-cd4a34eb582e
Paid articlePaid China Reiterates Need for Steady Yuan (CNY USD) as Dollar Strengthens: China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar ...
bloomberg.com/news/articles/2024-04-18/china-reiterates-need-for-steady-yuan-amid-fragile-confidence
Nearly half of China's major cities are sinking, researchers say: Nearly half of China's major cities are suffering "moderate to severe" levels of subsidence ...
reuters.com/world/china/nearly-half-chinas-major-cities-are-sinking-researchers-say-2024-04-18/
The German chancellor’s awkward meeting with China’s boss: It is time for Xi Jinping to accept that Germany isn’t America’s puppet
economist.com/europe/2024/04/18/the-german-chancellors-awkward-meeting-with-chinas-boss
Online videos show Chinese runner being gifted win in Beijing half-marathon: The winner, He Jia, is a member of China’s marathon team and is a national marathon ...
straitstimes.com/sport/online-videos-show-chinese-runner-being-gifted-win-in-beijing-half-marathon
Quick Glance: Investigation Launched After Beijing Half Marathon Finish
- Following the finish of the Beijing Half Marathon, the results are now under scrutiny due to the peculiar behavior displayed by three runners from Kenya and Ethiopia.
- A Chinese runner overtook the others, as seen in a recorded livestream of the Beijing Half Marathon. The remaining three runners - Willy Mnangat and Robert Keter from Kenya, and Dejene Hailu from Ethiopia - followed closely behind, with He claiming the first place.
- The organizers of the half-marathon are currently examining the results after a video of the finish circulated online, prompting many to question the intention of the three African runners to slow down.
- The winner secured the first place with a time of 1 hour 3 minutes 44 seconds. Mnangat, Keter, and Hailu shared the second place, one second later.
China’s Growing Plastics Dominance Is Squeezing Out Asian Rivals: China’s rapidly expanding petrochemicals industry is making life increasingly difficult for ...
bloomberg.com/news/articles/2024-04-16/china-s-growing-plastics-dominance-is-squeezing-out-asian-rivals
Paid articlePaid Chinese Central Bank Governor Downplays Yuan, Deflation Risks After GDP Surprise: China’s central bank governor Pan Gongsheng downplayed risks from deflation and ...
bloomberg.com/news/articles/2024-04-19/pboc-governor-downplays-yuan-deflation-risks-after-gdp-surprise
Australia increases defence spending by $32bn in response to China build-up: Labor government commits to spending rises to pay for Aukus and long-range missile ...
ft.com/content/a5ba1e78-92e7-4cd5-9bad-327e4358b1b4
IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy
wsj.com/economy/global/imf-warns-surge-in-u-s-china-debt-could-have-profound-impact-on-global-economy-c3758d81
San Francisco mayor announces the city will receive pandas from China: San Francisco is the latest U.S. city preparing to receive a pair of pandas from China ...
apnews.com/article/china-san-francisco-zoo-pandas-2657e35111579b2a4cba8b5915a71bd1
Million-Dollar Jobs for Star Analysts at Risk in China Research Pullback: Brokerage analysts in China are confronting a harsh new reality.
bloomberg.com/news/articles/2024-04-17/million-dollar-analyst-jobs-at-risk-in-china-research-pullback
China coastguard blocks Philippines vessels as maritime tension grows: Incident just days after Washington reiterated its security ties to Manila
ft.com/content/ad828ec4-d699-49a4-8751-b4cf0d44cf78
Foreign Investment in China Falls With Cloud Over Growth Outlook: Foreign investment into China slowed for a third straight month in March compared to the same ...
bloomberg.com/news/articles/2024-04-19/foreign-investment-in-china-falls-with-cloud-over-growth-outlook
China Extends Clean-Tech Dominance Over US Despite Biden's IRA Blueprint: There are fresh warning signs for American supply chains in solar ...
bloomberg.com/news/newsletters/2024-04-16/china-extends-clean-tech-dominance-over-us-despite-biden-s-ira-blueprint
Philippines says decision to strengthen ties with Japan, US a 'sovereign choice': The Philippines' decision to ramp up ties with Japan and the United States is a ...
reuters.com/world/philippines-says-decision-strengthen-ties-with-japan-us-sovereign-choice-2024-04-18/
China’s Rising Youth Unemployment Needs Attention, Official Says: China’s rising youth unemployment rate needs more scrutiny, a government official warned ...
bloomberg.com/news/articles/2024-04-16/china-s-rising-youth-unemployment-needs-attention-official-says
Paid articlePaid China’s Big Data Release to Show If Economy Rebounded
bloomberg.com/news/live-blog/2024-04-16/china-quarterly-gdp-key-data
New LME Russia Metals Sanctions to Drive Sales to China: US and UK sanctions on Russian metals will cement China as Moscow’s buyer of last resort for key ...
bloomberg.com/news/articles/2024-04-15/new-sanctions-on-russia-to-drive-even-more-metals-sales-to-china
Paid articlePaid EU Gets Tougher With China After Being Played : Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European ...
bloomberg.com/news/newsletters/2024-04-16/eu-gets-tougher-with-china-after-being-played
What China Economists Are Watching to Gauge If Economic Rebound is Real: The world’s second-largest economy started the year on solid footing ...
bloomberg.com/news/articles/2024-04-15/here-are-five-things-china-economists-are-watching-to-gauge-if-rebound-is-real
Paid articlePaid Five Things You Need to Know to Start Your Day: Asia: Good morning. US stocks suffer longest losing streak since January. Russia and China seen dialing back ...
bloomberg.com/news/newsletters/2024-04-17/five-things-you-need-to-know-to-start-your-day-asia
Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
- US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.
- During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.
- The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.
- The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
China opens new air routes near Taiwanese islands: China's aviation regulator said on Friday it had opened new air routes to the Chinese cities of Xiamen and ...
reuters.com/world/asia-pacific/china-opens-new-air-routes-near-taiwanese-islands-2024-04-19/
China’s GDP grows 5.3% in the first quarter of 2024: China’s economy grew stronger than expected at the start of this year, partly thanks to robust factory ...
cnn.com/2024/04/15/business/china-q1-gdp-growth-intl-hnk/
Quick Glance: China's Economy Surprisingly Strong in Q1 2024
- China's economy experienced stronger growth than anticipated in the first quarter of this year, primarily due to the thriving high-tech manufacturing sector.
- In the initial quarter, industrial production saw a 6.1% increase compared to the previous year, driven by the flourishing high-tech industry. Notably, the manufacturing of 3D printing devices, electric vehicle charging stations, and electronic components surged by approximately 40% year-over-year.
- A recent official report highlighted a rise in China's manufacturing purchasing managers' index during the first quarter, marking the first increase in six months. Moreover, the Caixin/S&P Manufacturing PMI, a privately conducted survey, achieved its highest level in over a year as foreign demand grew.
- China's economy grew by 5.2% in 2023. Despite a significant improvement from the previous year, it still represented one of the country's weakest economic performances in more than thirty years.
China Consumer Price Gains Fade With Industry Stuck in Deflation: China’s consumer prices barely increased from a year earlier last month and industrial prices ...
bloomberg.com/news/articles/2024-04-11/china-consumer-price-gains-fade-with-industry-stuck-in-deflation
Paid articlePaid Scholz Arrives in China on a Mission to Dial Down Trade Tensions: German Chancellor Olaf Scholz will take a delicate message to China this week: Beijing has not ...
bloomberg.com/news/articles/2024-04-13/scholz-heads-to-china-on-a-mission-to-dial-down-trade-tensions
Paid articlePaid Sanctions on Russian Metal Will Test the Limits of Its Epic Railroads: Moscow officials have turned east. Adapting the country’s vast logistics networks is ...
bloomberg.com/news/newsletters/2024-04-19/sanctions-on-russian-metal-will-test-the-limits-of-its-epic-railroads
Scary: Dongfeng M-Hero 1 electric car in the driving report: The electric car from Dongfeng appears less heroic than frightening. The 3.9-ton truck with 142 kWh ...
heise.de/tests/Elektro-Gelaendeauto-Dongfeng-M-Hero-1-mit-142-kWh-im-Fahrbericht-9683400.html
Solomon Islands election puts China’s Pacific influence in spotlight: Incumbent Manasseh Sogavare’s development and security pact with Beijing has stoked western ...
ft.com/content/4367905e-d580-4174-a31e-26e72dcd4080
Tesla to cut 10% of global workforce: About 14,000 jobs set to go as brutal price war and EV slowdown hit US automaker
ft.com/content/76985413-9fcd-4ce3-aaa0-b785539c116d
Paid articlePaid Meloni Seeks China Reset After Italy Ditches Belt and Road Pact: Italian Prime Minister Giorgia Meloni is embarking on a charm offensive with Beijing as she ...
bloomberg.com/news/articles/2024-04-12/meloni-seeks-china-reset-after-italy-ditches-belt-and-road-pact
Paid articlePaid
Japan’s China Reckoning: Why Tokyo Must Strengthen Its Ties to Democratic Allies: Why Tokyo must strengthen its ties to democratic allies.
foreignaffairs.com/china/japans-china-reckoning
Paid articlePaidQuick Glance: The Night Iran's Missile Show Rattled Israel
- In Tehran, 'Operation True Promise' launched an unprecedented aerial assault on Israel.
- The direct clash between powerful militaries showcased Israel's defense and Iran's display of power.
- Despite minor damages and injuries, the question remains whether this attack signifies further escalation or the start of a war.
- The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
G7 countries slam Chinese firms’ support for Russia’s defence industry: Ministers say transfer of weapons components is enabling Russia to ‘reconstitute and ...
aljazeera.com/news/2024/4/19/g7-countries-slam-chinese-firms-support-for-russias-defence-industry
The West says China makes too much. Its workers disagree: Migrants are caught in China's manufacturing battles with the West, as Beijing tries to save its ...
bbc.com/news/world-asia-china-68838219
Why the South China Sea Fuels US-China Tensions: For decades, the US has guaranteed freedom of navigation in Asia’s waters, patrolling the seas with a view to ...
bloomberg.com/news/articles/2024-04-09/why-the-south-china-sea-fuels-us-china-tensions
Paid articlePaid China’s Credit Expansion Keeps Slowing as Loans Disappoint: China’s credit expansion continued to slow in March and banks extended less loans than expected ...
bloomberg.com/news/articles/2024-04-12/china-s-credit-expansion-beats-expectations-in-march
Paid articlePaid
Apple might start making iPhones in Indonesia, CEO Tim Cook says: Apple's chief executive met with Indonesia's president as the company continues a manufacturing ...
qz.com/apple-iphone-manufacturing-indonesia-china-tim-cook-1851415318
Five Things You Need to Know to Start Your Day: Asia: Good morning. Tensions simmer in the Middle East. US stocks fall below key threshold ...
bloomberg.com/news/newsletters/2024-04-15/five-things-you-need-to-know-to-start-your-day-asia
Iran-Israel tensions: Which countries can influence Tehran? : Countries across the geopolitical spectrum are urging de-escalation in the Middle East as Israel ...
dw.com/en/iran-israel-tensions-which-countries-can-influence-tehran/a-68860384
Quick Glance: US imposes new sanctions on Iran's drone program
- The United States imposed new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program to punish Tehran for the weekend's attack on Israel.
- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
Biden urged to ban China-made electric vehicles from the US: Senate Banking Committee chair called Chinese EVs an "existential threat" to the US motor industry.
bbc.com/news/articles/cyerg64dn97o
Chinese spies target Dutch industries to strengthen military, intelligence agency says
reuters.com/world/china/chinese-spies-target-dutch-industries-strengthen-military-intelligence-agency-2024-04-18/
China's Q1 GDP grows faster than expected on policy support: China's economy grew faster-than-expected in the first quarter, data showed on Tuesday ...
reut.rs/49Fq8Ho
US Faces Pushback by Netherlands, Japan on More China Chip Export Bans: US attempts to press the Netherlands and Japan into further curbing Chinese access to ...
bloomberg.com/news/articles/2024-04-12/us-faces-pushback-on-more-china-chip-curbs-as-election-nears
Paid articlePaid
China exports decline by 7.5%, far more than forecast: BEIJING -- China's exports in March decelerated sharply after four months of growth ...
asia.nikkei.com/Economy/Trade/China-exports-decline-by-7.5-far-more-than-forecast
Paid articlePaid Philippines says it won't give US access to more local military bases: The Philippine president says his administration has no plan to give the U.S ...
apnews.com/article/philippines-us-military-china-marcos-a89fc14bdef820b83d4a18adb557b487
Quick Glance: Philippines Rejects US Access to More Military Bases
- President Ferdinand Marcos Jr. allowed US access to four more Philippine military bases, bringing the total to nine.
- The Biden administration is strengthening alliances in the region to counter China, aligning with Philippine efforts to enhance external defense.
- Marcos emphasizes that the presence of US troops is in response to China's aggressive actions in the South China Sea.
- China accuses the Philippines of providing the US with bases that could undermine its security.
“They are cheating”: US President Biden wants to increase tariffs on Chinese steel
spiegel.de/wirtschaft/unternehmen/dumpingvorwuerfe-an-china-us-praesident-joe-biden-will-zoelle-auf-stahl-erhoehen-a-19a45d4c-627a-453c-9413-ec63e1d619d2
Margin Call Cited for Mysterious 99% Crash in China Cement Maker: China Tianrui Group Cement Co. said a sudden drop in its stock last week triggered a margin ...
bloomberg.com/news/articles/2024-04-18/margin-call-cited-for-mystery-stock-crash-in-china-cement-maker
Paid articlePaid The shadow of war darkens on the global economy: Short-term performance has been surprisingly good but policymakers are walking on eggshells
ft.com/content/31158ec7-433b-4c0e-9f2e-8a13e8dd4750
US trade chief calls for 'decisive' action to shield EV sector from China: The U.S. must take "decisive" action to protect electric vehicles (EVs) from ...
reuters.com/business/autos-transportation/ustr-tai-calls-decisive-action-shield-ev-sector-china-2024-04-17/
US navy flies aircraft through the Taiwan Strait a day after US-China defense chiefs hold rare talks
apnews.com/article/us-china-taiwan-strait-flight-ea835c8b35b63a50b5354a5dc9280116
China economy grows faster than expected in first quarter: Official figures also highlighted the challenges faced by the country's crisis-hit property sector.
bbc.com/news/business-68823396
China foreign ministry welcomes Blinken's visit to China as tensions simmer: China's foreign ministry on Thursday welcomed U.S. Secretary of State Antony ...
reuters.com/world/china-foreign-ministry-welcomes-blinkens-visit-china-tensions-simmer-2024-04-18/
ASML Q1 bookings miss forecast, but China sales hold up: ASML , the largest supplier of equipment to computer chip makers, reported weaker than expected ...
reuters.com/technology/asml-reports-q1-earnings-13-billion-worse-than-expected-new-bookings-2024-04-17/
China's foreign investment inflows fall 26.1% despite 'openness' vows: HONG KONG -- China's inbound foreign investment shrank 26.1% on the year in the ...
asia.nikkei.com/Economy/China-s-foreign-investment-inflows-fall-26.1-despite-openness-vows
Paid articlePaid China set to keep lending benchmark LPRs unchanged in April: China is widely expected to leave benchmark lending rates unchanged on Monday ...
reuters.com/world/china/china-set-keep-lending-benchmark-lprs-unchanged-april-2024-04-19/
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
China-Taiwan conflict: Taiwan's government district recreated in China's desert: China regularly threatens to invade the island state of Taiwan ...
nzz.ch/visuals/satellitenbild-der-woche-uebt-china-in-der-wueste-die-eroberung-taiwans-ld.1825558
Why it’s China’s turn now: In the second half of the 20th century, scholars and macrohistorians like Alvin Toffler, Francis Fukuyama and Paul Kennedy developed ...
asiatimes.com/2024/04/why-its-chinas-turn-now/
Aldi, Lidl and Co.: Card payment not possible - German idiosyncrasy helps customers
derwesten.de/panorama/vermischtes/aldi-lidl-kartenzahlung-bargeld-sparkasse-id300914681.html
Quick Glance: Airplane Observes Solar Eclipse in Bloomington
- An airplane flies near the total solar eclipse in Bloomington, Indiana.
- People watch the partial solar eclipse on the observation deck of Edge at Hudson Yards in New York City.
- Sophia Moccia, 4, from Queens views the eclipse with a homemade mask in New York City.
- A solar eclipse is visible in Mazatlan, Mexico.
China’s better economic growth hides reasons to worry: The country’s leaders are too complacent about deflation
economist.com/finance-and-economics/2024/04/16/chinas-better-economic-growth-hides-reasons-to-worry
US complains China hurts shipbuilding, steel firms: The Biden administration unveiled new measures to protect the US shipbuilding and steel industries from being ...
asiatimes.com/2024/04/us-complains-china-hurts-shipbuilding-steel-firms/
India’s Economic Growth is Speeding Up While China’s is Slowing: On today’s Big Take Podcast: India wants to overtake China as the world’s fastest-growing ...
bloomberg.com/news/articles/2024-04-10/india-s-economic-growth-is-speeding-up-while-china-s-is-slowing
Paid articlePaid US vows ‘ironclad’ defence of Philippines military in South China Sea: Support from Washington reflects mounting alarm at Beijing’s assertiveness in Indo-Pacific
ft.com/content/f345a02b-4d12-422d-8140-2dffe9689699
US and China defence ministers in first significant contact since 2022: Pentagon says Lloyd Austin stressed importance of freedom of navigation in call with Dong ...
ft.com/content/f52fd4de-6490-47a9-bd54-30bf6354b9c2
Supply Chain Latest: Resilience of US Economy: The US economy seems to be weathering the recent spate of supply disruptions with few signs that worrisome ...
bloomberg.com/news/newsletters/2024-04-18/supply-chain-latest-resilience-of-us-economy
Oil prices dip as demand concerns outweigh Middle East supply fears: Oil prices eased in early trade on Wednesday as worries about global demand due to weak ...
reuters.com/business/energy/oil-prices-dip-demand-concerns-outweigh-middle-east-supply-fears-2024-04-17/
And Scholz smiles painfully: The chancellor in China: three bitter insights: It's good that Chancellor Olaf Scholz traveled to China. Unfortunately ...
n-tv.de/politik/Der-Kanzler-in-China-Drei-bittere-Erkenntnisse-article24877932.html
Quick Glance: Scholz Organizes Crisis Diplomacy in China
- Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.
- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
At Chinese trade fair, exporters despair their goods are 'as cheap as cabbage': Wu Huazhan's Chinese television factory used to impose minimum orders to manage ...
reuters.com/markets/commodities/chinese-trade-fair-exporters-despair-their-goods-are-as-cheap-cabbage-2024-04-16/
Lula Reunites With Billionaire JBS Brothers as Brazil’s China Ties Deepen: The billionaire Batista brothers’ stunning comeback is thrusting them into Brazil’s ...
bloomberg.com/news/articles/2024-04-12/lula-reunites-with-billionaire-jbs-brothers-as-brazil-s-china-ties-deepen
Malaysia Economic Growth Accelerates, Signaling Recovery in 2024: Malaysia’s economy quickened by the most in a year, signaling that firmer recovery is underway ...
bloomberg.com/news/articles/2024-04-19/malaysia-s-growth-accelerates-signaling-recovery-in-2024
Paid articlePaid ADB Says Developing Asia Set for Growth as China’s Economy Slows: Much of developing Asia outside of China is poised for expansion in the next two years as ...
bloomberg.com/news/articles/2024-04-11/adb-says-developing-asia-set-for-growth-as-china-s-economy-slows
Paid articlePaidQuick Glance: ADB Forecasts Developing Asia Growth at 4.9% in 2024, Risks Persist
- ADB raised its growth forecast for Developing Asia to 4.9% in 2024, highlighting ongoing challenges like escalating geopolitical tensions.
- China remains a concern for regional growth due to a prolonged property crisis and other issues.
- The ADB predicts regional inflation to decrease to 3.0% by 2025.
- Detailed GDP growth and inflation forecasts for various Asian countries were also provided.
Janet Yellen says US taken ‘major steps’ to stabilise ties with China: Treasury secretary says relations on ‘stronger footing’ after six-day visit
ft.com/content/27f72b5c-d47e-456b-b468-3096aab1b494
Quick Glance: China and U.S. to Engage in Intensive Talks on Economic Balance
- US Treasury Secretary Janet Yellen announced intensive talks with China to address America's competitive disadvantages.
- Both sides will engage in intensive discussions on balanced economic growth and initiate exchanges on combating money laundering.
- Yellen emphasized the importance of addressing American concerns regarding overcapacity in Chinese production.
- The meetings will be held under existing economic and financial working group frameworks to address balanced growth and money laundering.
China's steel sector has bigger worries than Biden tariff hike: U.S. President Joe Biden's push to triple tariffs on Chinese steel imports strikes a mostly ...
reuters.com/markets/commodities/chinas-steel-sector-has-bigger-worries-than-biden-tariff-hike-2024-04-19/
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