Trump Treasury Pick Says China’s Economy Is in Recession
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as being in a recession, if not a depression.
China Is Facing Longest Deflation Streak Since Mao Era in 1960s
China has failed to break a deflationary cycle and is now on track for the longest streak of economy-wide price declines ...
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China’s financial crisis deepens – Now economists expect a recession
China’s economy is unraveling right before our very eyes. The 10-year government bond yield just tanked below 1.60% for the ...
Markets Are Finally Waking Up To A Deflationary Spiral In China
Shares MSCI China ETF and KraneShares CSI China Internet ETF are flat over 10 years. Find out why KWEB and MCHI may worsen ...
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For many in China, the economy feels like it is in recession
Zhu Tian, economics professor at China Europe International Business School in Shanghai, says the textbook definition of a recession - two consecutive quarters of economic contraction - should not ...
UN predicts world economic growth at subdued 2.8% in 2025
The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a ...
Shadow of the 2008 economic crisis still hangs over the US and China
Debts have continued to rise because their root causes have yet to be addressed, says a Princeton economist. Read more at ...
Recession 2025: What to Watch and How to Prepare
The U.S. economy is on relatively solid footing heading into 2025. But while inflation has cooled, progress has been choppy and inconsistent at times. Labor market conditions have remained strong.