Right now, America isn’t ready. As a report from a House panel concluded last year: “The United States lacks a contingency ...
Analysts are pessimistic that any new measures can reverse China's plunging fertility rate, which is driven by changing social norms.
This year showed that there is no end in sight to the problems that began during the COVID-19 pandemic.
The Chinese government urged local officials to provide more financial relief or step up one-time allowances to people in ...
China is ramping up efforts to counter its plummeting birth rate, with measures ranging from cash incentives to controversial local campaigns urging women to have children. Last year marked the ...
IN the West, countries are facing the fallout from a deep recession and financial crisis. Economic growth is at best tenuous in advanced economies, most of which have large levels of national debt.
employing language they haven’t used since the depths of the global financial crisis. The 24-man Politburo, China’s top decision-making body, pledged Monday to implement more proactive fiscal ...
Then came the breaking point: in May 2022, SUNAC defaulted on a dollar-bond coupon payment, one of the largest defaults in China's property market at the time. It wasn't just about missed payments.
China’s property crisis is expected to worsen as new home sales plummet and indebted developers struggle to find funds to complete projects. WSJ’s Jonathan Cheng traveled to an abandoned ...
De Beers has accumulated the biggest stockpile of diamonds since 2008, the Financial Times reported. Weak demand and rising ...
China adopted an “appropriately loose” monetary policy after the 2008 global financial crisis, before switching to “prudent” in late 2010. In November, China unveiled a 10 trillion yuan ($ ...
The White House just asked Congress for an emergency $7.3 billion to cover costs on nuclear attack submarines to prey on China, plus the new Columbia-class nuclear missile "boomers" that will ...