Chinese Mainland’s Fiscal Policy Poised for Future Action
Finance Minister Lan Fo’an says the Chinese mainland’s fiscal policy will balance risk and growth, retaining ample room for future measures.
Stay informed, stay connected—news for amigos everywhere.
Finance Minister Lan Fo’an says the Chinese mainland’s fiscal policy will balance risk and growth, retaining ample room for future measures.
The Chinese mainland’s CPI fell 0.4% in August, signaling a cool-down in price growth. Discover what this means for consumers, investors, and travelers.
Weak U.S. labor data in August, with higher unemployment and slow hiring, amps up bets on a Fed rate cut in September.
Discover how the US Federal Reserve’s independence often serves Wall Street, thanks to the revolving door and hidden ties with big finance.
President Trump asks the Supreme Court to rule on his authority to impose heavy tariffs after a divided appeals court said he overstepped his power.
The Chinese mainland’s manufacturing PMI edged up to 49.4 in August, buoyed by a fourth month of production growth at 50.8 and a rise in new orders to 49.5.
Polish economist Bartlomiej E. Nowak warns the US may lose the tariff war as countries shift trade patterns to dodge higher duties and reshape global trade.
China’s June trade friction index eased 14.7% year-on-year with tensions cooling, led by the US, India and Brazil. July saw a 10.8% surge in trade certificates.
Mexico’s trade gap with the US reached a record high as exports outpaced imports despite Washington’s new tariffs.
At Jackson Hole, central bankers warn that aging populations and labor shortages could slow growth and push up wages.