Global economy

  • Chinese President Xi Jinping said on Tuesday China has full confidence to achieve this year’s economic growth target and will continue to play its role as the biggest engine of world economic growth. Xi made the remarks during a meeting in Beijing with heads of major international economic organizations, who are here to attend the…

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  • The G7 group of economically strong democracies has unequivocally called on China to respect international rules. “We remind China of the need to uphold the purposes and principles of the UN Charter and abstain from threats, coercion, intimidation, or the use of force,” states a joint declaration adopted on Tuesday at the end of the…

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  • The COVID-19 pandemic triggered the deepest global recession since the Great Depression, and pushed millions of households and businesses into economic hardship. But not all parts of the global economy have been suffering. Throughout the pandemic the ‘Big 5’ tech companies — Amazon, Apple, Alphabet, Facebook, and Microsoft — have seen their revenues and stock prices soar.…

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  • Life without made-in-China goods may be frustrating, expensive and beyond reach, but the addiction isn’t without pains for most individual and corporate organizations. It is a great challenge, indeed, one that requires a thorough analysis and expert advice. The book, A Year Without “Made in China”: One Family’s True Life Adventure in the Global Economy written by…

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