Topic

Economy

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Does Vietnam and Bangladesh’s Cheap Labor Threaten ‘Made in China’ Textiles?

Does Vietnam and Bangladesh’s Cheap Labor Threaten ‘Made in China’ Textiles?

By Andey Ng
Despite rising labor costs and less enthusiasm for factory jobs, e-commerce and domestic consumption provide a future growth model for the massive textile industry in China.
China’s Economy Slowed Last Quarter as Weak Consumer Demand Dragged on Growth

China’s Economy Slowed Last Quarter as Weak Consumer Demand Dragged on Growth

By Elaine Kurtenbach
The second quarter’s 4.7 percent growth was far below the 5.3 percent pace seen in the first quarter of 2024.

Can Russia Help Cash-Strapped Pakistan?

Can Russia Help Cash-Strapped Pakistan?

By Syed Basim Raza and Saleem Abbas
As important is diversifying trade partners as deeper cooperation with Russia may incur diplomatic consequences for Pakistan.

With or Without Opening? Previewing China’s Third Plenum Reforms

With or Without Opening? Previewing China’s Third Plenum Reforms

By Nathaniel Sher and Ray Wang
Without efforts to revive market confidence, Beijing’s broader reform agenda could falter.

China’s Third Plenum Shines Light on Center-Local Fiscal Challenges

China’s Third Plenum Shines Light on Center-Local Fiscal Challenges

By Jennifer Lee
China watchers should temper their expectations and anticipate incremental changes building off of existing policy rather than deep reform. 
Who Will Serve as Indonesia’s Next Finance Minister?

Who Will Serve as Indonesia’s Next Finance Minister?

By Ahmad Syarif
Here are the three main contenders to take the post when President-elect Prabowo Subianto takes office in October.

Indonesia’s Prabowo Plans to Increase Debt to Fund Spending Plans

Indonesia’s Prabowo Plans to Increase Debt to Fund Spending Plans

By Sebastian Strangio
The president-elect plans to increase the country's debt-to-GDP ratio to 50 percent, up from 39 percent currently, in order to achieve his ambitious growth targets.
Finance is No Longer the Darling Career in Xi Jinping’s New Economic Order

Finance is No Longer the Darling Career in Xi Jinping’s New Economic Order

By Lizzi C. Lee
As China shifts its focus from finance to technology, the ripple effects are profound and far-reaching. 

What’s at Stake in the US Decision to Grant Vietnam ‘Market Economy’ Status?

What’s at Stake in the US Decision to Grant Vietnam ‘Market Economy’ Status?

By Hai Hong Nguyen
Trust – and the lack of it – has been a key factor in Vietnam-U.S. relations over the past half-century.

US Tariffs Against China: It’s National Security, Stupid 

US Tariffs Against China: It’s National Security, Stupid 

By Denny Roy
Maximizing economic efficiency, the goal of most critics of tariffs, will not deliver national security.

EVs Alone Won’t Save Australia from Climate Emergency

EVs Alone Won’t Save Australia from Climate Emergency

By Lily Rau
Zero-emissions vehicles would need to hit 73 percent of new light vehicle sales by 2030 to keep transport emissions aligned to limiting warming to 1.5 degrees.
Sri Lanka’s Debt Restructuring Deal: Economic Relief or Creditor Windfall?

Sri Lanka’s Debt Restructuring Deal: Economic Relief or Creditor Windfall?

By Rathindra Kuruwita
The agreement further entangles Sri Lanka in an exploitative global debt system that prioritizes creditor profits over the country's development and people's welfare.

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