Charting the Global Economy: BOJ Holds; US Inflation Won’t Let Up
(Bloomberg) — The Bank of Japan kept interest rates unchanged, driving the yen to a fresh 34-year low, while US inflation showed few signs of simmering down. Most Read from Bloomberg The Japanese yen slumped as BOJ Governor Kazuo Ueda…
‘Don’t jump to conclusions’: China needs balance amid US, EU overcapacity fears
China should be mindful of risks from overcapacity and prudently formulate industrial policies to guide enterprises amid Beijing’s hi-tech push in order to reorient economic growth and nurture new industries, a former government adviser said on Tuesday. Beijing’s bid to…
How can China remedy deflation risks without ditching long-held economic strategy?
China’s banking sector has so far borne the brunt of the debt burden. S&P Global Ratings projected that the non-performing assets ratio for Chinese commercial banks would rise to 5.75 per cent in 2026 from its estimate of 5.55 per…
‘Seismic shifts’ in China economy like nothing Beijing predicted, economist says
Liu said China’s development in the recent past and the immediate future will be marked by such disequilibrium, and striking a new balance will take time. He added that challenges arising in the post-pandemic era and from rivalries with other…
‘Seismic shifts’ in China economy like nothing Beijing predicted, economist says
Liu said China’s development in the recent past and the immediate future will be marked by such disequilibrium, and striking a new balance will take time. He added that challenges arising in the post-pandemic era and from rivalries with other…