China"s economy damaged, but set to recover: poll
A Reuters poll of 40 economists from around the world predicted that China's economy will recover from the coronavirus outbreak as long as the virus is contained soon. Gloria Tso reports......»»
China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says
BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate crisis and weak consumer demand. SHANGHAI, CHINA - FEBRUARY 24: A woman cros.....»»
Yuan Weakens After "Unbalanced" Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint
Yuan Weakens After 'Unbalanced' Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint China’s economic growth beat expectations in Q1, rising +5.3% YoY - considerably.....»»
Biden"s Job Approval Surge Nears Critical Level For Sealing 2024 Election Victory But This Key Concern Threatens To Derail His Bid: New Poll
About 41% of registered voters expressed approval of Biden's handling of the economy, according to a poll conducted by the Financial Times and the University of Michigan's Ross School of Business. read more.....»»
Fitch"s negative outlook for China is more bad news for its stalling economy
Beijing is battling deflation and an ongoing property-market crisis that the ratings agency.....»»
Iron Ore"s Two-Day Rally Biggest In Years On China Bottoming Hopes
Iron Ore's Two-Day Rally Biggest In Years On China Bottoming Hopes Over the past year, there has been a surge in doom-and-gloom headlines about China's economy. T.....»»
Chinese Crypto Exchanges Continue To Suspend Services Amidst Regulatory Uncertainty
Although crypto markets seemed to recover from the recent fall, some believe that regulatory uncertainties surrounding Bitcoin mining and trading firms in China could lead to even more sell pressure going forward. read more.....»»
Hope grows for an L.A. summer economic boom as COVID-19 fades, tourists return, businesses recover
L.A. hoping to supercharge economy by summer. But will tourists and office workers really return?L.A. hoping to supercharge economy by summer. But will tourists and office workers really return?.....»»
Soaring Copper Prices Send Crippling Shockwaves Across China"s Economy
Soaring Copper Prices Send C.....»»
How China Is Closing In on Its Own Digital Currency: QuickTake
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»
How China Is Closing In on Its Own Digital Currency
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»
China"s Central Bank Researchers Urge Lifting Birth Limits To Keep Up With "Skilled Immigration-Fed" US
China's Central Bank Researchers Urge Lifting Birth Limits To Keep Up With 'Skilled Immigration-Fed' US China is still desperately seeking to recover from its disas.....»»
: China posts record growth on-year in Q1 but recovery seen as slowing
The Chinese economy grew by a record 18.3% in the first quarter of the year compared with the same period of 2020, when it had shrunk for the first time in decades due to the COVID-19 pandemic......»»
China"s economy grew a record 18.3% in the first quarter - but that number doesn"t tell the whole story
China's huge year over year growth figures were flattered by the so-called base effect in the first quarter, analysts said. Ng Han Guan/Associated Press China's economy grew a record 18.3% in the fi.....»»
Data dive: How"s the economic recovery going in Memphis? And who"s hiring?
The Memphis MSA is closer to its pre-pandemic employment level than all but seven of the nation's 53 largest MSAs, according The Brookings Institution. Here's the good news and complicating factors as the workforce looks to recover from the COVID economy......»»
China"s digital currency will be distributed using a two-tiered system to help get it into consumers" hands
The People's Republic of China has become the first major economy to create a digital currency. Real-world trials are already underway. Chinese digital.....»»
Commodities Corner: Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle
After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if the global economy continues to recover and the pandemic moves closer to an end......»»
Asia Markets: Asian stocks falls after Chinese inflation data surprises to the upside
Inflation reflects rising demand as China's economy.....»»
The US economy is set to fully recover to pre-COVID levels this quarter - a feat that took more than 3 years after the last financial crisis
It took more than three years for the US economy to recover its pre-crisis size after the 2008 crash, Commerzbank e.....»»
: Will China’s new digital yuan threaten King Dollar’s reign?
China is the first major economy to issue a blockchain-enabled, digital version of its currency, the yuan, and this development has some in Washington worried that the U.S. dollar's status as the global reserve currency is under threat......»»
China manufacturing rebounds in March amid tech, virus risks
Chinese manufacturing has rebounded to above pre-pandemic levels in most industries but consumer and export demand have been slower to recover.....»»