When Country Garden, the biggest developer in China’s increasingly troubled real estate sector, published its annual report in April, the cover design exuded hope: a phoenix spreading its wings.The company […]
Economic Conditions and Trends
Trending topics and news from the Economic Conditions and Trends category
Back to news homeEurozone Inflation Holds Steady at 5.3 Percent
The NewsConsumer prices in the eurozone rose 5.3 percent in August compared with a year earlier, sticking at the same pace as the previous month and defying economists’ expectations for […]
Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem
The United States has spent the past five years pushing to reduce its reliance on China for computer chips, solar panels and various consumer imports amid growing concern over Beijing’s […]
She Rose From Poverty as China Prospered. Then It Made Her Poor Again.
Two years ago, as she walked through a hospital hallway in handcuffs and shackles to get tested for Covid, Sun Junli felt ashamed and defeated. At 45, she had come […]
China’s Property Crisis Is Rippling Through the Economy
Once a beneficiary of China’s property boom, Lan Mingqiang is now an unwitting casualty of its unraveling.The financial troubles at one real estate company, Country Garden, have left him unable […]
Ozempic and Wegovy, Novo Nordisk’s Weight Loss Drugs, Reshape Denmark’s Economy
After 100 years of relatively quiet existence as a maker of diabetes drugs, the Danish firm Novo Nordisk has suddenly grown so big that the company is reshaping the Danish […]
What China’s Economic Woes May Mean for the U.S.
The news about China’s economy over the past few weeks has been daunting, to put it mildly.The country’s growth has fallen from its usual brisk 8 percent annual pace to […]
A Crisis of Confidence Is Gripping China’s Economy
Earlier this year, David Yang was brimming with confidence about the prospects for his perfume factory in eastern China.After nearly three years of paralyzing Covid lockdowns, China had lifted its […]
How China Made Its Housing Crisis Worse
In China the pension akin to Social Security in the United States pays about $410 a month to seniors who live in cities, and only $25 a month in the […]
Can Shrinking Be Good for Japan? A Marxist Best Seller Makes the Case.
When Kohei Saito decided to write about “degrowth communism,” his editor was understandably skeptical. Communism is unpopular in Japan. Economic growth is gospel.So a book arguing that Japan should view […]