French Industrial Production Recovers In July

France’s industrial production rose in July, led by a rebound in manufacturing, preliminary data from the statistical office INSEE showed Friday, though the momentum is unlikely to be sustained in the coming months amid weakening demand globally and high interest rates. Total industrial production rose 0.8 percent from June, when […]

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China Unveils More Stimulus Measures

China’s central bank lowered the amount of foreign exchange that banks maintain as reserves, in an attempt to combat the weakness of the yuan, after unveiling measures to revive the property market this week. Also on Friday, major banks in China lowered the interest rates on yuan deposits of various […]

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The good news about China’s looming financial crisis

Save articles for later Add articles to your saved list and come back to them any time. The economic travails of the post-pandemic years have led to intense intellectual and policy debates. One thing almost everyone agrees on, however, is that the post-COVID crisis bears very little resemblance to the […]

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