In the past, China has helped to pull the global economy out of weak spots. This time, it might not come through.
Tag: Economic Conditions and Trends
South Korea Raised Taxes in Bid for Growth. So Far, It’s Not Working.
In contrast to President Trump, President Moon Jae-in of South Korea has embraced a pro-labor program of higher wages and taxes. The early results have been discouraging.
Talks to End U.S.-China Trade War Now Shift to Make-or-Break Rounds
The two sides made progress in identifying the issues between them, setting the stage for potential talks with top leaders from both countries.
China Offers Trump a Trade Peace Deal. It May Not Be Enough.
Beijing’s proposed concessions may help both sides, but may not alleviate the tensions fueling its economic conflict with the United States.
With Kim’s Visit, China Shows U.S. It Has Leverage on Trade
The softening Chinese economy has weakened Beijing’s hand as it struggles to settle the trade war. Its pull with North Korea could strengthen its position.
China Pours $218 Billion Into the Economy as Growth Slows
The Chinese central bank’s move is intended to send a signal that Beijing is ready to stem a slowdown that has darkened the global outlook.
Chinese Consumers’ Confidence Sags, Casting a Pall Over the Global Economy
Apple’s slumping iPhone sales in China are the latest sign that the country’s spenders are increasingly bothered by the economy, debt and other problems.
Spurning Erdogan’s Vision, Turks Leave in Droves, Draining Money and Talent
Driven by fear of persecution and economic mismanagement, the exodus threatens to reorder the society permanently and set Turkey back decades.
Jair Bolsonaro Sworn In as Brazil’s President, Cementing Rightward Shift
Shortly after Mr. Bolsonaro wrapped up his address to Congress, President Trump hailed his speech in a message on Twitter and pledged, “The U.S.A. is with you!”
Macron Vows Order ‘Without Compromise’ in Rebuke to Yellow Vest Protests
President Emmanuel Macron of France urged his fellow citizens to “accept reality” and called for the protesters shaking the country over inequality to curb the disorder sown at demonstrations.