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Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.
For several years, China has been the world’s leading manufacturer, installer and user of renewable energy. However, investment in coal mining and coal-fired power continues apace…
Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…
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DOI: 10.1108/OXAN-DB285173
ISSN: 2633-304X
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President Xi Jinping first used the concept on an inspection visit in Heilongjiang province in September 2023. The NPF concept recognises that China's existing growth model cannot…
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DOI: 10.1108/OXAN-DB285459
ISSN: 2633-304X
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Afghanistan’s ruling Taliban want production to expand to 19,000 b/d shortly. They are counting on the extractives sector to help boost revenue and shore up the flailing economy.
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DOI: 10.1108/OXAN-DB284299
ISSN: 2633-304X
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Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…
The Chinese leadership is meeting this month to discuss economic reforms. High-level dialogue with the United States has resumed, allowing the two sides to work on surface-level…
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DOI: 10.1108/OXAN-DB283191
ISSN: 2633-304X
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The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…
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DOI: 10.1108/OXAN-DB282874
ISSN: 2633-304X
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The COVID-19 pandemic has exacerbated inequality, according to official data. Divergence across income brackets has risen, with low- and middle-income households having been hit…
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DOI: 10.1108/OXAN-DB282898
ISSN: 2633-304X
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These policies also foster communication between government and business, labour unions and other stakeholders. Continuity of policy is matched this year by adjustment in response…