Bangladesh: Government to publish ‘white paper on the state of the economy’

August 22, 2024 9:38 AM

Bangladesh: Government to publish ‘white paper on the state of the economy’

In Bangladesh, the interim government has taken a decision to publish a white paper on the state of the economy in six priority areas, including public finance, inflation, and food management. An economist and a distinguished fellow of the Centre for Policy Dialogue (CPD), Debapriya Bhattacharya will be the chief of a panel of economists and eminent citizens, who will come up with the white paper, according to the press wing at the Chief Adviser's office. The committee will publish the white pa...

China’s economy falters as property, consumer pain worsens amid rising uncertainties

July 15, 2024 9:22 AM

China’s economy falters as property, consumer pain worsens amid rising uncertainties

China's economy is facing increasing external uncertainties and many domestic difficulties and challenges in the second half, a spokesperson for the National Bureau of Statistics said on Monday. China's GDP growth of 5% in the first half was "hard won" as businesses face relatively large pressures and key sectors face many risks, the spokesperson said in a statement published on the bureau's website. The spokesperson also said China's economic growth in the second quarter was affected by short-...

South Korea’s top diplomat warns of rising economic competition with China

May 13, 2024 4:17 PM

South Korea’s top diplomat warns of rising economic competition with China

Economic relations between South Korea and China face risks and challenges due to increasingly fierce competition over technology, South Korea's Foreign Minister Cho Tae-yul said on Monday ahead of talks with his Chinese counterpart. Cho arrived in Beijing earlier in the day, marking his first trip to China since taking office in January and the first visit to the country by a South Korean foreign minister in more than six years. At a meeting with South Korean business leaders, Cho said that...

China’s exports and imports return to growth, signaling demand recovery

May 9, 2024 1:11 PM

China’s exports and imports return to growth, signaling demand recovery

China's exports and imports returned to growth in April after contracting in the previous month, signaling an encouraging improvement in demand at home and overseas as Beijing navigates numerous challenges in an effort to shore up a shaky economy. The data suggests a flurry of policy support measures over the past several months may be helping to stabilize fragile investor and consumer confidence, though analysts say the jury is still out on whether the trade bounce is sustainable. Shipments f...