After three decades of record-breaking growth, at about the same time as Xi Jinping rose to power in 2012, China’s economy started the long decline to its current state of stagnation. The Chinese Communist Party …
Tag Archive for: "economy"
The risk of China spiralling into an unprecedentedly prolonged recession is increasing. Its economy is experiencing deflation, with the price level falling for a second consecutive year in 2024, according to recent data from the …
Australia has been losing so many sovereign manufacturing capabilities over the past two decades that it is hard to know where to draw the line. The Whyalla steel mill may mark the spot. The Australian …
The Northern Territory is on track to badly miss its key medium-term economic target—to expand its economy to $40 billion by 2030, up 50 percent on 2020. This is the major finding of a report …
The grim state of China’s housing market has so far had little effect on the iron ore price because its steel mills are diverting their surplus output onto export markets where they are adding to …