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Washington Post (December 10)

2023/ 12/ 11 by jd in Global News

“China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery.” Year on year and month on month, CPI fell a worse than expected 0.5%. “The year-on-year CPI decline was the steepest since November 2020.”

 

Irish Times (September 10)

2023/ 09/ 11 by jd in Global News

Some are hoping government stimulus will jumpstart the Chinese economy. “The more likely scenario is continued weak growth.” What remains to be seen is “is how quickly the government will shift away from stimulus measures to a faster fundamental overhaul of its growth strategy.” China needs to tackle “more persistent and structural growth challenges,” which have resulted from “an economic strategy that has historically over-relied on real estate, high local debt, inefficient state-owned enterprises, lower-end manufacturing, and domestic consumer internet platforms.”

 

Reuters (May 2)

2023/ 05/ 02 by jd in Global News

“Diversifying abroad looks attractive to many Japanese companies given weak home markets” as demonstrated by Astellas recent $5.9 billion acquisition of Iveric Bio. “For the $28 billion drugmaker, which already earns the bulk of its revenue from overseas, exceptionally low borrowing costs at home may have boosted its offshore appetite even more.”

 

New York Times (April 5)

2023/ 04/ 07 by jd in Global News

“With the release of the indictment and accompanying statement of facts, we can now say that there’s nothing novel or weak about this case…. Whatever happens next, one thing is clear: Mr. Trump cannot persuasively argue he is being singled out for some unprecedented theory of prosecution. He is being treated as any other New Yorker would be with similar evidence against him.”

 

Reuters (November 11)

2022/ 11/ 12 by jd in Global News

“Signs of weakness are emerging” across the Chinese economy where “exports fell; inflation slowed; new bank lending tumbled…. Despite the authorities bucking the global trend… and deploying monetary and fiscal easing this year.” The “unexpectedly weak run of Chinese economic data” raises “the heat on policymakers to deliver more stimulus measures, but it also shows the limited effect more monetary easing and infrastructure spending can have.”

 

Bloomberg (January 18)

2021/ 01/ 19 by jd in Global News

“China’s successful control of Covid-19 made it the only major economy to have grown last year, but a wide income inequality gap and still weak consumer spending reflects an unbalanced recovery.”

 

New York Times (September 27)

2019/ 09/ 29 by jd in Global News

“The only solace in the current American standoff with Iran is that President Trump seems not to want to risk a war. That is of some comfort in a crisis that has left the United States looking weak and untrustworthy. But the crisis could still descend into armed conflict, and that is largely attributable to Mr. Trump’s poorly considered strategy.”

 

Financial Times (August 12)

2019/ 08/ 13 by jd in Global News

“It’s the calm before the storm…. As any number of indicators now show—from weak purchasing managers’ indices in the US, Spain, Italy, France and Germany, to rising corporate bankruptcies and a spike in US lay-offs—the global downturn has already begun.”

 

Wall Street Journal (July 7)

2019/ 07/ 09 by jd in Global News

“Germany’s economic slowdown, though no doubt bad for Europe in the short term, could be helpful over a longer period by easing a rift between the region’s economically stronger north and weaker south over pro-growth policies.”

 

Wall Street Journal (April 4)

2019/ 04/ 05 by jd in Global News

“Japan is joining much of the world in facing weaker economic growth, but in one respect it’s unique. Prime Minister Shinzo Abe seems determined to make it worse by imposing a tax increase later this year.”

 

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