Asia Economy

China is facing "enormous risk" and at the moment and is unlikely to meet its economic growth target for the year, according to economist Stephen Roach, who has been a longtime bull on the Asian giant."I'm a congenital bull on China,"…

LONDON — European markets are set to climb on Thursday, tracking global sentiment after the U.S. Federal Reserve doused speculation about more aggressive monetary tightening.Britain's FTSE 100 is set to gain around 87 points to 7,580,…

As part of the latest Covid controls, China's capital city of Beijing banned in-store dining as a five-day holiday kicked off, prompting restaurants to sell food outside.Kevin Frayer | Getty Images News | Getty ImagesBEIJING — Two months…

Australia's consumer price index jumped 2.1% for the first quarter in 2022, with prices of food, petrol and other consumer goods all surging.Peter Parks | AFP | Getty ImagesAustralia hiked its interest rate for the first time in more…

Masked to protect against the coronavirus disease (COVID-19), senior Lauren Pyjar takes advantage of the warm sunshine to study outdoors at Georgetown University in Washington, March 9, 2021.Kevin Lamarque | ReutersAt least a dozen…

Prolonged lockdowns in Shanghai have snarled supply chains and prompted banks to cut China GDP forecasts. Here, a truck leaves a port on April 13, 2022, with healthcare supplies for Shanghai.Tang Ke | Visual China Group | Getty…

The Chinese economy is "struggling" for now — but it's "not in serious trouble," according to Derek Scissors chief economist at research firm China Beige Book."We're not looking at outright contraction as China suffered in 2020,"…

While mainland Chinese stock fund held onto inflows, European stock funds saw billions of dollars in net outflows in the first quarter, with declines in Japanese stock funds as well, according to EPFR.Marc Fernandes | Nurphoto | Getty…

Investor confidence in China's real estate market appear to be boosted by the government's promise to support the sector and some loosening of policies. But analysts say China's high-growth property market may be a thing of the…

Shanghai, China's largest city and the one hit hardest by the latest Covid outbreak, announced another round of mass virus testing that's set to end Thursday, April 21.Str | Afp | Getty ImagesBEIJING — Shanghai city reported Monday its…