Mounting tensions between Washington and Beijing have driven many brands to seek out non-Chinese suppliers in sectors ranging from clothing and textiles to consumer electronics and smartphones.
Many experts and observers are holding Chinese President Xi Jinping's mismanagement of the Covid crisis, especially his Zero Covid policy, for the current economic situation in China. High domestic inflation, power crisis, and geopolitical tensions are some roadblocks created by Xi's governm
Given fragile economic conditions, any new adverse development such as higher-than-expected inflation, an abrupt rise in key interest rates to contain it, a resurgence of the Covid-19 cases, or escalating geopolitical tensions could push the global economy into recession.
Mumbai (Maharashtra) [India], December 8 (ANI/PRNewswire): Leading diversified professional services and investment management company Colliers (NASDAQ: CIGI) (TSX: CIGI) has released its 2023 Global Investor Outlook report, which has found that the stabilisation of global real estate market
Beijing [China], October 11 (ANI): A multitude of economic and political factors which includes the ongoing geopolitical tensions amid the war in Ukraine, China's anti-business 'Zero Covid' policy, human rights violations, and the Taiwan Strait Conflict have deteriorated the relations betwee
Beijing [China], September 23 (ANI): European corporate investment in China is slackening as the country's real estate market is slumping, consumer spending drying up because of stringent "Covid zero" policies, as well as American investment is also faltering because of geopolitical tensions
New York [US], June 16 (ANI/Xinhua): Nearly seven out of 10 economists believe there will be a recession in the United States next year amid geopolitical tensions and soaring inflation, Newsweek on Tuesday cited a new poll.
Vienna [Austria], May 12 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) on Thursday revised its forecasts for this year's global economic growth and oil demand, citing COVID-19-induced restrictions and geopolitical tensions.
Beijing [China], January 29 (ANI): Ahead of Beijing Winter Games, sponsors of the Olympics are walking a tightrope as worsening geopolitical tensions force them to consider downplaying their involvement without upsetting China.
Phnom Penh [Cambodia], January 23 (ANI): China's pursuit of a Cambodian naval base causes geopolitical tension as Beijing has started to dredge in the waters surrounding Cambodia's Ream naval base.
New Delhi [India], November 22 (ANI): International Cricket Council (ICC) chairman Greg Barclay on Monday admitted that India touring Pakistan for the 2025 Champions Trophy would be challenging, but in the end, the apex body cannot control geopolitical tensions.
Singapore, September 3 (ANI): Fitch Solutions said on Friday it expects gold prices to trade sideways over the coming months along with bouts of volatility as conflicting factors continue to affect the asset.