ASIA: The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for China this year because of the patchy recovery from new coronavirus variants, as Beijing focuses on reducing debt and public investment. The Washington-based organization trimmed China’s gross domestic product (GDP) growth estimate to 8.1 per cent, down from April’s projection of […]

In Britain, Graham Brady, Chairman of the Tory 1922 Committee and member of Parliament, has written an op-ed for the Daily Mail where he made it very clear that the purpose of the lockdowns is to impose social control — not to reduce COVID. He has pointed out that this is approaching what is known […]

Housing prices have surged at rates not seen since the lead-up to the 2008 financial crisis, according to global data. This has led to questions of whether the housing market is in a bubble that could burst. However, there is one thing that is very clear. This is an entirely different run-up than the 2007-2009 […]

ASIA: Intel Corp said on Monday its factories will start building Qualcomm Inc chips and laid out a roadmap to expand its new foundry business to catch rivals such as Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd by 2025. Intel said on Monday it expects to regain its lead by 2025 and described […]

ASIA: The disparities in provincial growth across China widened further during the past six months, with the economies in coastal regions surging ahead on the back of increased exports while northern and inland provinces continued lagging behind due to their dependency on slowing government investments, according to data analyzed of new half-year provincial economic data. […]

ASIA: China’s central bank on Friday said that non-bank payment firms must report plans for overseas initial public offerings and other major events. This is the latest move in a widespread regulatory squeeze on the country’s tech firms. Non-bank payment firms should report both domestic and overseas listing plans, the People’s Bank of China (PBOC) […]

ASIA: China’s economy grew 7.9 percent from April to June, the National Bureau of Statistics (NBS) announced on Thursday. The growth rate was lower than the forecasted 8.1 percent by most market analysts. Chinese economists are aware that the economy is highly resilient after overcoming the coronavirus pandemic fallout. Increasingly, the giant economy is being […]

QUESTION: Marty, Did you ever think when you studied history, created Socrates, then observed what would unfold in the future would lead you to what we see happening today, in social collapse and the march toward authoritarianism? Truly, wasn’t this like discovering the Rosetta Stone and other mysteries best left untouched? When did it dawn on […]

ASIA: China has scrapped its population control policy. Families in China can have as many children as they like without facing fines or other consequences. The announcement ended, in practice, decades of restrictions on the number of children each household could have, as authorities attempt to encourage births in the face of a rapidly aging […]

ASIA: Japan’s core consumer prices rose 0.2% in June from a year earlier to mark the fastest annual pace in over a year, data showed on Tuesday, a sign the impact of global commodity inflation was gradually broadening. The rise in the core consumer price index (CPI), which includes oil products but excludes volatile fresh […]