Blog posts tagged by tag: China
The 2008 Beijing Olympics was the event that thrust China well and truly onto the global stage. The spectacular opening ceremony—watched by billions around the world and held in the futuristic ‘bird’s nest’ stadium—was a powerful symbol of the nation at the time: confident, modern, outward-looking.
Going against the tide: China’s monetary stimulus efforts run contrary to those of other major central banks
The Chinese economy is currently grappling with numerous regulatory reforms, a bloated, debt-ridden property market, and a zero-tolerance approach to the pandemic, which continues to limit economic growth both domestically and in the region. As a result, over the past couple of months Chinese authorities have taken several measures to stimulate the economy, including a 50 basis-point cut to the reserve requirement ratio and a 15 basis-point cut to the one-year Loan Prime Rate. This comes as major central banks in developed markets look to roll back their stimulus measures to counter price pressures.
On 15 January, the U.S. and China signed a "phase one" trade deal covering areas such as Chinese purchases of U.S. goods and services, exchange rate arrangements and intellectual property. To discuss Sino-American relations in more depth, and to gain a broader picture of China’s economy and outlook, we spoke to Tuuli McCully, Scotiabank’s chief economist for the Asia-Pacific region.
The Belt & Road and Made in China 2025 initiatives strive for a global economy with China at its core
“Hide your strength, bide your time, never take the lead”; such was the philosophy of former Chinese leader Deng Xiaoping, the architect of the market reforms in the 1970s and 1980s which set the Chinese economy careening towards modernity.
This maxim underpinned Chinese policy for decades, allowing the Asian giant’s economic rise to go largely unchallenged. Many countries drooled at the sight of a swelling new export market, while Western firms ploughed in FDI.
In 2017, current leader Xi Jinping sounded the death knell for Deng’s approach. Speaking at the 19th National Congress—amid a power vacuum left by Donald Trump’s mercantilism and the EU’s internal wrangling over Brexit—he promised China would adopt a more determining role in world affairs.
“A new chapter in Kenya’s history”: that’s how Kenyan President Uhuru Kenyatta described the triumphant opening of the railway line linking the capital Nairobi to the key port city of Mombasa in 2017.
By: Daniel Solomon, PhD Economist at Euromonitor International
In this article, we analyse the impact of the U.S. and China tariff actions on their economies and consumers and explore the possibility of these actions turning into an all-out trade war between the world's two biggest economies.
China has been one of the fastest growing economies over the last few decades and is now the second largest economy in the world, just behind the United States. However, after years of astronomical economic growth, the economy is currently in the middle of a “managed” slow down, due in large part to Chinese authorities’ desire to avoid the economy overheating. So what is going on in China currently and what is in store for 2018? Head of Economic Research Ricard Torné reports.
In recent decades, China’s impact on global growth has showed no signs of waning; this was especially evident in the years following the global financial crisis. In fact, the country's influence on Latin America is growing stronger by the year, and this is due primarily to three main factors.
Is Asia’s economy stabilizing? Will Asia ever fulfill its promise of being the driving engine for global growth? Will China get back to the booming growth of a few years ago or has the last year been a sign of the beginning of the end? Will India usurp China as the darling of the Asia-Pacific economy? These are some of the questions on the tips of tongues of many, and we try to answer those questions and more in our progress report on the Asian economy so far in 2016.
In an unexpected yet not entirely surprising turn of events, Philippines President Rodrigo Duterte continued his anti-U.S. rhetoric in late October by declaring that the island country would be “breaking up with America.”
The U.S. and the Philippines have shared strong relations dating all the way back to the late 19th Century when the U.S. occupied the Philippines as a colony. The relationship between the two nations has even been described as a “special relationship.”
Announced on 17 November, the Philippine economy expanded 7.1% in the third quarter of 2016 despite Duterte's antics since taking over in June. The economy is going strong, for now. In this post we take a look at what is at stake for the Philippine economy if Duterte does indeed move to break off relations with their long-time ally and driver of economic growth, the U.S.
Argentina's economic momentum seemingly weakened further in the first quarter of this year, according to available… https://t.co/Hlq0kt1uAK
13 hours ago
LATAM's regional growth will slow sharply this year on surging average inflation and higher interest rates. However… https://t.co/Bwd0ORicVn
1 day ago
Economic prospects have plummeted for both Russia and Ukraine since the outbreak of the war, with Ukraine's economy… https://t.co/JDeVa438zG
2 days ago
The majority of economic news has been decidedly gloomy in recent months. However, there is one region we cover whi… https://t.co/V1w1T2digf
3 days ago
Regional GDP is forecast to contract markedly this year as the war devastates the Ukrainian economy, while the Russ… https://t.co/4Ut9QNYdvK
6 days ago
Get a sample report showing our regional, country and commodities data and analysis.