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The opposition-controlled National Assembly finally passed the 2024 budget on December 21, 19 days after the legal deadline. December also saw a rolling reshuffle which replaced…
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DOI: 10.1108/OXAN-DB284335
ISSN: 2633-304X
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The budget is likely to be enacted by the end of the current fiscal year in March 2024. Rapidly increasing military spending reflects drastic changes in Tokyo’s defence policy. On…
Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…
The economy slowed sharply in the second half of 2023. Consumption is lower than a decade ago, as a consequence of population ageing and insufficient savings, which reflects a…
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DOI: 10.1108/OXAN-DB285796
ISSN: 2633-304X
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Geographic
Topical
Post-pandemic, UFF companies have further increased the speed of production and distribution cycles to achieve record sales, while the main fast fashion brands are trying to…
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DOI: 10.1108/OXAN-DB284761
ISSN: 2633-304X
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Geographic
Topical
The market-oriented, technocratic approach that Li pursued contrasts with President Xi Jinping’s expansion of state control across sectors such as finance and prioritisation of…