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Services will come to predominate in China's economy

Location:

CHINA

China is one of the world’s top services exporters and the city of Beijing is emerging as a new high-value-added global services hub. China is also the largest net importer of…

Sustainable growth initiatives will dampen China’s GDP

Location:

CHINA

The economy grew by 6.8% year-on-year in the fourth quarter of 2017, unchanged from the third quarter and taking growth for the whole of 2017 to 6.9%. Growth was led by stronger…

Stimulus will help revive China's economy next year

Location:

CHINA

The CEWC is one of the most important arenas for the top leadership to set the economic policy direction for the coming year. The authorities stopped short of relaxing property…

Severity of Israel’s downturn hinges on conflict moves

Location:

ISRAEL

Israel’s war with Hamas is taking a growing toll on the economy mainly due to labour shortages. The economy has recovered quickly from previous short wars, but this conflict…

Canada budget benefits from higher government revenues

Location:

CANADA

Promising to foster post-pandemic growth, the Liberal government is increasing spending on green technology and climate change mitigation, but the focus of the budget is on social…

China’s economy gains momentum in the third quarter

Location:

CHINA

Consumer demand, especially for services, underpinned by a stronger labour market, drove the upswing. Exports stabilised, but investment slowed, held back by the housing market…

China's slowing economy will prompt fiscal support

Location:

CHINA

The manufacturing purchasing managers' index fell into contraction (to 49.2), indicating that business conditions were worse than the previous month. Retail sales, industrial…

New York City faces a range of fiscal challenges

Location:

UNITED STATES

Adams wants to tell potential migrants in the region that New York is “at capacity”. Last week’s heavy flooding underscored the frailties of the city’s 19th-century…

South-east Asia real estate market openings are ahead

Location:

SOUTH-EAST ASIA

South-east Asia's real estate market.

China's economic recovery is shakier than it may seem

Location:

CHINA

In quarterly terms, real GDP increased by 2.2%. Growth was driven by services: the tertiary sector grew 5.4% y/y. Consumption is shifting from goods to services, with hotels and…