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Getty Images Media headlines out did each other in broadcasting China’s 6.8% contraction in GDP in the first quarter this year. It was indeed breaking news in that it was the first ever contraction…

In a morning note to clients, Goldman acknowledged a barrage of recently weak economic data—on consumer spending, manufacturing and international trade—has pushed some forecasts for second-quarter …

Former Obama Director of the Office of Management and Budget Russ Vought predicts the U.S. is headed towards a recession under President Biden. Wells Fargo slashed its economic outlook this week, w…

Shenzhen, China’s technology manufacturing hub, will be shut down for the next week in effort to curb the rising Covid cases. Only essential businesses are allowed to open, which is expected to cau…

70% of GDP growth in the global economy between now and 2030 will be driven by the machines, according to PwC. This is a near $7 trillion dollar contribution to U.S. GDP based around the combined p…

Speaking about the global growth prospects in 2021, Dr. Devasmita Jena, Assistant Professor, Madras School of Economics states that the Chinese economy rebounded from the pandemic earlier than most…

The U.S. economy shrank for a second quarter in a row this year, a second estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession ev…

As a growing number of investment banks and company chiefs warn that the likelihood of a recession is increasing, analysts at Morgan Stanley are telling clients that the stock market—despite reelin…

Economists everywhere are obsessed with whether China can make this year’s 5.5% gross domestic product target. But two other figures will say far more about how Asia’s biggest economy might affect …

SHANGHAI — China’s economic growth continued to decelerate in the third quarter, as gross domestic product came in at 4.9%, softened by the country’s zero-tolerance COVID measures…

China’s economy had a great 12 months, leading the globe out of the Covid-19 era. Yet the last year has damaged something equally important: Beijing’s soft power. Beijing’s handling of questions ab…