Tag: China
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German businesses expect only mild recession as disruptions ease
German companies expect only a mild recession next year despite headwinds from the energy crisis, raw material shortages and a tepid global economy, a...
Oil prices bounce as China demand hopes offset recession fears
Oil prices rose on Monday after tumbling by more than US$2 a barrel in the previous session as optimism over the Chinese economy outweighed concern...
Growth downgrade for China ‘very likely’ on Covid surge: IMF chief
A lower growth forecast is "very likely" for China this year and next, with easing Covid-19 restrictions expected to bring a surge in infections...
China readying $143 billion package for its chip firms in face of U.S. curbs
China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major...
Oil edges up on US pipeline restart uncertainty, Russian supplies
Oil prices rose as much as more than 1% on Monday as a key pipeline supplying the United States remained shut while Russian President Vladimir...
