Central London remains “very, very quiet” while shops and cafes outside town centers are seeing a fragile recovery.
Tag: Economic Conditions and Trends
China Tries Its Favorite Economic Cure: More Construction
Strong sales at China’s biggest construction equipment maker show Beijing’s strategy for recovery after the virus. But while the company, XCMG, is prospering, the rest of the economy is struggling.
As the World Gets Tougher on China, Japan Tries to Thread a Needle
Tokyo has not confronted Beijing as the United States and other allies have, mindful of its neighbor’s economic might and its own limited military options.
China Faces Dilemma After U.S. Consulate Closure Escalates Conflict
After the closure of the Houston consulate and other actions, Chinese officials are trying to respond without endangering the economy or inviting further global isolation.
India Coronavirus Cases Surge Past One Million
Several states and cities have reimposed total and partial lockdowns as the pandemic accelerates. India now ranks third in the world in infections.
Barr Urges U.S. Companies to Resist Serving as ‘Pawns’ for China
The attorney general accused several companies by name of appeasing an authoritarian government to preserve access to a huge consumer market.
No One Knows What Thailand Is Doing Right, but So Far, It’s Working
Can the country’s low rate of coronavirus infections be attributed to culture? Genetics? Face masks? Or a combination of all three?
China’s Economy Rebounds From Coronavirus, but Shares Fall
Heavy spending on roads and rail lines reversed the economy’s outbreak-induced nose-dive in February and March. But retail sales stayed weak, alarming investors.
World Population Could Peak Decades Ahead of U.N. Forecast, Study Asserts
The study, published in The Lancet, said an accelerated decline in fertility rates means the global population could peak in 2064 at 9.7 billion and fall to 8.8 billion by century’s end.
Bartering Child’s Dress for Food: Life in Lebanon’s Economic Crisis
A TV chef abandons unaffordable beef. Blackouts make for sweltering summer nights. Changing money feels like a drug deal: The financial meltdown means daily pain and a blow to a country’s pride.