India’s Economy Slows Down Just When It Was Supposed to Speed Up

India’s Economy Slows Down Just When It Was Supposed to Speed Up

A year ago, India was bouncing back from a recession caused by Covid-19 with a spring in its step. The country had overtaken China as the most populous country, and its leaders were declaring India the world’s fastest-growing major economy. This was music to the ears of foreign investors, and to India’s prime minister, Narendra […]

Tags:

Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back

Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back

Days before President-elect Donald J. Trump takes office, China is gearing up for economic battle with the United States. It threatened a widespread investigation into American chipmakers. It zeroed in on one American retailer, accusing it of “inappropriate conduct” that could lead to sanctions usually reserved for weapons sellers. And it got ready to slap […]

Tags:


China Says Economy Grew 5% Last Year, Driven by Exports

China Says Economy Grew 5% Last Year, Driven by Exports

The economic scars of China’s real estate crash are evident at the country’s many street markets for construction materials. Proprietors of once-bustling shops that sell everything from lighting fixtures and doors to toilet bowls are aching for customers. At the same time, China’s exports have climbed sharply. Companies are shipping cars, smartphones and many other […]

Tags:

Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.

Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.

Germany’s economic growth shrank for a second straight year in 2024, data released Wednesday showed. How to revive it this year has become a central issue as voters prepare to go to the polls next month to elect a new government. Manufacturing of automobiles and machinery fell sharply last year, as increased competition, especially from […]

Tags:


China’s Trade Surplus Reaches Nearly  Trillion

China’s Trade Surplus Reaches Nearly $1 Trillion

China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports. When adjusted for inflation, China’s trade surplus last year far exceeded any in the world in the past century, even those of export powerhouses […]

Tags:

China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government bonds. The central bank’s unexpected action is aimed at braking a recent shift by investors toward purchasing bonds while shunning riskier assets like stocks and real estate. That shift has driven China’s long-term […]

Tags:

Costas Simitis, 2-Time Prime Minister of Greece, Dies at 88

Costas Simitis, 2-Time Prime Minister of Greece, Dies at 88

In his first term, Mr. Simitis set about curtailing Greece’s extravagant public and private spending and sought to prepare the economy to meet European Union targets for his country’s entry into the eurozone. He had succeeded in reducing inflation and public indebtedness while stabilizing the drachma currency. His cautious manner offered a marked contrast with […]

Tags:

Footer Example