Economy Asia Economy People’s Bank of China frees up billions of yuan for new loans, but…
Tag: economic growth/recession
China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy
Economy Asia Economy People’s Bank of China frees up billions of yuan for new loans, but…
China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread
The prospect that Beijing’s zero-tolerance approach to Covid-19 persists well into next year means the world…
China Recovery Hopes Crushed by Record Covid Outbreak as Lockdowns Spread
China’s worst Covid-19 outbreak is squashing hopes for an economic rebound and fanning concern about disruption…
Global Economy Slows, but Seems to Be Faring Better Than Feared
Economy A weak start to 2023 is expected in many rich countries, but U.S. and European…
China’s Downturn Moderates, Though Property Woes Linger
HONG KONG—Renewed Covid-19 curbs and a worsening property downturn are dampening the outlook for China’s economy,…
EY’s Consulting Arm Could Struggle to Compete As Standalone Firm
Strong competition and a slowing economy could pose challenges for Ernst & Young as it looks…
World Bank Warns of Global Recession Next Year if Central Banks Lift Interest Rates Too High
Central banks’ efforts to tame inflation could tip the world economy into recession next year, according…
Opinion | China’s Zero-Covid Reckoning
Record infections and new lockdowns lead to rising public frustration and slower economic growth.