People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent years
Trump’s threat of higher duties on Chinese goods raises the stakes for a union proud of its free-trading instincts
President uses new year address to stress support for country’s vulnerable people and reiterate Taiwan stance
Politics and luxury goods weigh on benchmark Cac 40 index
In different ways, the US, Russia and China have all become revisionist powers that are seeking radical change to the status quo
Multilateral lender says greater detail of policies is needed to bolster household and business confidence
Investigation comes just weeks before Biden administration hands over to president-elect Donald Trump
Washington needs to move fast if it wants to find other sources
Key level passed after 10-year debt breached 2% barrier as markets expect further monetary easing
Flexible economies and free markets have kept globalisation going this year
Exports have buoyed economy but are expected to slow sharply if US imposes further levies in 2025
Linking subsidies to intellectual property is the sort of strategic inclusion that fosters mutual benefits
Semiconductor toolmaking is a great business, but the geopolitics are daunting
Given the need for a weak renminbi to support export growth, a reprise of the 1985 Plaza Accord with Japan is unlikely
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concern
Brussels increasingly concerned it would struggle to fight back in a global trade war
An increasingly close trade relationship is putting Mexico in the spotlight
Treasury cuts $5.4bn from budget estimates over next four years, citing ‘significant impact’ of softer commodities demand
Long rally in China’s debt comes amid domestic economic slowdown and hunt for haven assets
Readout from key policy meeting indicates government’s realisation of economic challenge
US policymakers should think more about retaliatory responses to probable tariff increases
Xi Jinping and other top Communist party figures signal increased borrowing to boost economy
Outreach comes as Beijing seeks clarity on how relations with Washington will fare under incoming administration
Turbulence ahoi
