China, India and Trump
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China has reported its economy showed signs of slowing in July as factory output and retail sales slowed while housing prices fell further.
China's stands at 84 percent, buoyed by debt-driven growth in the 2010s and a housing market crunch that heavily indebted local governments. London-based global advisory firm Oxford Economics estimates the Chinese economy's potential growth could be cut roughly in half by the 2050s.
Policymakers are under pressure to roll out more stimulus to revive domestic demand and ward off external shocks to the $19 trillion economy.
Few commodities tell the story of China’s 21st-century economy better than humble cement, and its current output slump illustrates the depth of the nation’s building slowdown after the frenzy of the previous decade.
But many analysts, both inside and outside China, believe that Beijing continues to fudge its overall growth numbers, in part because officials remain deeply concerned with projecting a rosy image of the economy. China officially reported that its economy grew by 5 percent in 2024, while the US reported only 2.8 percent growth.
Chinese search engine company Baidu , on Wednesday reported a drop in second quarter revenue as its core advertising business struggled amid China's economic slowdown, while returns from AI investments remained limited.
China is famous for its thrift. Households as a group now save over 30% of their disposable income. Migrant workers, like Mr Li, save even more: over 48%, according to one estimate, although some of that money will be spent by their family members back in their home towns.
China’s role in the Indo-Pacific was defined by its military exports, strategic coercion, infrastructure buildup, and diplomatic maneuvering—shaping regional security outcomes and positioning itself
Fire the economists. Sue the Fed chair. Meddle in private businesses. Consider suspending economic reports. Demand fealty. Take over police in the capital. Tell everyone it’s for their own good.
As the silver economy rises, demand for elder-friendly and health-oriented home appliances is growing rapidly, with the sector's consumption potential expanding steadily. Leading Chinese home appliance brands such as Konka,
China’s engagement with its African counterparts in May spanned the gamut—from concrete economic dealmaking and forward-looking trade cooperation largely in North and East Africa to sports diplomacy