Some are expanding in China, reluctant to leave a huge market they need to finance operations back home.
Tag: Economic Conditions and Trends
IMF Lowers Growth Outlook Amid Financial System Tremors
The International Monetary Fund says a painful slowdown, which could include a recession, has become a bigger risk for the global economy.
Tunisia’s Influence in Europe
The European Union relies heavily on Tunisia to stem migration, giving its increasingly authoritarian president leverage in negotiations with the bloc.
Can China Make Peace in Ukraine? Macron Isn’t Saying No.
The French president hopes Beijing can be useful in pressing Russia to end the war in Ukraine. How exactly is not clear.
Nigel Lawson, Economic Force Under Thatcher, Dies at 91
As chancellor of the Exchequer, he helped lift Britain with tax cuts and other Conservative measures — the “Lawson Boom” — but harder times followed, and he resigned in bitterness.
No More Blank Checks: Saudi Arabia Clamps Down on Regional Aid
The kingdom used to send money to poorer countries like Egypt with few strings attached. But it is increasingly leveraging its economic power for influence in the Middle East and beyond.
Even as U.S. Beckons, European Leaders Head to Beijing
China is trying to improve relations with the European Union just as the United States is pushing the bloc to pick sides.
Global Economy May Be in a ‘Lost Decade,’ World Bank Warns
Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.
Meet the Xi Jinping Loyalist Now Overseeing China’s Economy
He Lifeng’s long career in government has spanned the extremes of China’s approach, from the early embrace of small business in the 1980s to today’s tighter state control.
U.K. Inflation Swings Upward, to 10.4 Percent
Prices in Britain reversed a recent downward trend, rising 10.4 percent over the year through February.