India looks set to overtake China as the place to invest as millionaires scramble to escape from under Xi Jinping’s perilous Chinese economy. Wall Street has seen a shift of money flowing into India rather than China is the country battles a
The German economy is now “excruciatingly vulnerable” due to its previous reliance on China, Russia and the US, an expert has warned. Chancellor Olaf Scholz is under increasing pressure to turn the economy around after a long period of stagnation. His government
“They have three and a half times more banking leverage than we did going into the crisis, and they’ve only been at this banking thing for a couple of decades.” “The basic architecture of the Chinese economy is broken.” Another expert also
France is grappling with a decline in its global appeal for foreign investors, resulting in a second consecutive year of deterioration, according to the latest barometer from the French Foreign Trade Council. The country’s image, once peaking in 2020, has now plummeted
Experts believe that the war in Ukraine may actually be helping Russia’s economy, but warn that this won’t last forever.
Cuban President Miguel Díaz-Canel removed the country’s economy minister on Friday, according to state media, following a delay in recently announced measures to increase the prices of fuel and transportation. Cuba’s Council of State, which is under the president’s leadership, appointed Central
A levy on those visiting Wales would be “devastating” to the tourism industry, Express.co.uk has been told. It comes as the Welsh government continue to discuss a potential charge that would be imposed on people visiting the country. At present, only Scotland
Evergrande’s collapse spells more bad news for Xi Jinping’s China – and maybe Britain too (Image: REX/Shutterstock) A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to go into liquidation after a failed bid to restructure
Xi Jinping is considering a huge economic intervention to save China’s faltering economy, according to reports. Li Qiang, Premier of the People’s Republic of China, urged leaders in the country for more “forceful” measures to sop share prices and investment from collapsing.
China’s economy is facing a “time bomb” that’s “about to explode,” an expert has warned. The country’s working-age population is shrinking as a share of the total number of people in the country. National Bureau of Statistics data showed that the number