China real estate troubles sent debt indicator to record high
Fixed asset investment data for the first five months of 2022 showed real estate investment declined at a greater scale than it did during the first four months of the…
May retail, industrial production, fixed asset investment
New energy vehicles, which include hybrid and battery-powered cars, have seen sales surge in China despite a slump in the overall car market. Pictured here is an unnamed new energy…
India will need to make a ‘growth sacrifice’ to slow inflation, says JPMorgan
India will need to make a “growth sacrifice” to contain inflation, a JPMorgan economist told CNBC on Thursday. On Wednesday, the Reserve Bank of India raised the repo rate, or…
Russia thinks it’s found a way around US dollar bond payment blockade
Russian Finance Minister Anton Siluanov (seen here with Russian President Vladimir Putin in 2019) reportedly told Russian newspaper Vedomosti that Moskva will continue to service external debts in rubles, but…
China faces a nearly $ 1 trillion funding gap. It will need more debt to fill it.
During the first four months of the year, investment in real estate development fell by 2.7% from a year ago. Pictured here is a project in Qingzhou, Shandong province, on…